Pending

4851 S Bannock Street, Englewood, CO, 80110

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Listing Provided Courtesy of Compass – Denver

4851 S Bannock Street, Englewood, CO, 80110

9 Beds
6 Baths
5,800 SqFt
0.25 Acres

Listing Id

REC5317982
$1,150,000

Updated and well maintained Englewood triplex property with room for value-add. All units are move-in ready with updated flooring and paint. This unique multifamily property features 3, three bedroom units with room to add a fourth. The large front facing unit features 3 beds and 2 baths all above grade. The other two units are also 3/2 and feature a bed/bath in the basement with egress windows. The basement below the front unit is large and unfinished, with rough-in for plumbing and an egress window as well. City of Englewood zoning has confirmed that zoning could allow a 4th unit be added (buyer to verify). There are 3 covered parking spots in the back with additional storage. Property features many updates including sewer line systems, electrical, HVAC, concrete, and professionally maintained landscaping. This massive 5800 SQF property is rare for the Englewood market and offers cash flow potential that is rarely seen at this price point. Conservative rent estimate is valued at 2500/mo per unit. Adding the potential 4th unit would bring total monthly gross rent to $9200+ per month. Please see offering memorandum for more details or call listing broker Erik Carman 720-663-8999.

Property Details
Price:
$1,150,000
MLS #:
REC5317982
Status:
Pending
Beds:
9
Baths:
6
Address:
4851 S Bannock Street
Type:
Triplex
Structure:
Triplex
Subdivision:
Englewood
City:
Englewood
State:
CO
Finished Sq Ft:
4,650
Total Sq Ft:
5,800
ZIP:
80110
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1973
Interior
Appliances
Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
Cooling
Central Air
Heating
Forced Air
Laundry Features
In Unit
Exterior
Construction Materials
Brick
Parking Features
Concrete, Storage
Parking Spots
3
Roof
Composition
Schools
School District:
Englewood 1
Elementary School:
Clayton
Middle School:
Englewood
High School:
Englewood
Financial
Buyer Agent Compensation
2%
Tax Year
2023
Taxes
$4,123

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4851 S Bannock Street
Englewood, CO