TRIPLEX! Outstanding turnkey investment opportunity! This updated, fully occupied triplex in Federal Heights offers immediate rental income. The property consists of a duplex at 9050-1 and 9050-2 and a separate single-family home at 9030 Elm, all situated on one property with mature trees, outdoor living spaces, and ample parking.
Unit 9050-1 has been completely remodeled from top to bottom with high-end finishes, while Unit 9050-2 has been updated with modern cabinetry, tile, stainless steel appliances, and an updated bathroom.
Both duplex units offer 2 bedrooms, 1 bathroom, forced-air heat, private fenced yards, and a large shared front yard.
All units share a convenient on-site laundry room, providing added convenience for residents.
The detached home at 9030 Elm has also been beautifully updated with a newer kitchen, remodeled bathroom, updated flooring, and features 2 bedrooms, 1 bathroom, its own private yard, patio, gazebo, and forced-air heat.
The property includes a six-space parking lot. Current owner income and expense statements for the past several years are available upon request.
Whether you’re looking to expand your investment portfolio or move into one of the units in September once a vacancy occurs, this is an outstanding opportunity to own a well-maintained, income-producing property with minimal deferred maintenance.
Showings are coordinated through the listing agent’s office only. Please do not disturb the tenants. Showings will be scheduled for qualified buyers with a pre-approval letter or proof of funds.
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Zillow last checked:
Listing updated:
Listed by:
Laura Baron720-575-6100Contact@allcountydenvermetro.com,
Baron Enterprises Inc
Source: REcolorado as distributed by MLS GRID,MLS#: 5690882
Exclusions: Boiler Replaced In 2016. Serious Buyers Only For Showings Which Will Be Held 1 X A Week At A Specific Time With Tenant Approval.
*there Is A Security Camera On One Unit Which Is The Tenants Camera Not The Owners. 9030 Sq Ft Was Provided By The Owner But Has Not Been Measured By The Listing Agent Or Verified, Buyer To Independently Verify All Square Footage's*
gross Rental Income:
total Monthly Rent:
$1, 595 + $1, 745 + $1, 395 = $4, 735/Month
gross Annual Income:
$4, 735 × 12 = $56, 820/Year
operating Expenses
water, Sewer, Trash, And Grounds Maintenance:
$300/Month
annual: $300 × 12 = $3, 600/Year
(Noi)
$56, 820 - $3, 600 = $53, 220/Year
cap Rate
cap Rate = Noi ÷ Purchase Price
$53, 220 ÷ $875, 000 = 0.0608, Or 6.08%
gross Annual Income: $56, 820
annual Operating Expenses After Updates Are Averaged (Provided): $3, 600 - No More Needed Updates At This Time As The Property Is In Excellent Condition.
9050-1 Lease Ends 06.29.2027
9050-2 Lease Ends 9.31.26
9030 Lease Ends 11.30.2026
Ownership: Corporation/Trust
Lease term: Other
Tenant pays: Electricity, Internet
Estimated market value
Zestimate®
$845,600
Estimated sales range
$803,000 - $888,000
Rent Zestimate®
$1,615/mo
Price history
Date
Event
Price
7/10/2026
Listed for sale
$875,000+40.7%$316/sqft
Source: REcolorado as distributed by MLS GRID #5690882Report a problem
11/6/2024
Listing removed
$1,695-5.6%$1/sqft
Source: REcolorado as distributed by MLS GRID #4413367Report a problem
9/17/2024
Price change
$1,795-10%$1/sqft
Source: REcolorado as distributed by MLS GRID #4413367Report a problem
8/28/2024
Listed for rent
$1,995$1/sqft
Source: REcolorado as distributed by MLS GRID #4413367Report a problem
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.