Almost everything in these two homes are either brand new or newly replaced within the past 2 years.
This is an income producing 2 unit property. One unit faces Iowa ave and the other faces Yampa st. Located on a corner lot.
5 bed 3 bath - main house - OCCUPIED, @2,300/month
1 bed 1 bath - cottage home - OCCUPIED, $1,100/month
GOI - $40,800
NOI - $38,000
cap rate - 7.6%
Close to Colorado College and the Olympic Training Center.
Main house could receive $600/room if rented out to college students or olympic athletes.
GOI - $49,200
NOI - $46,400
Cap - 9.2%
Engel & Volkers Denver.
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Listing information last updated on August 5th, 2020 at 10:18am MDT.