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Source Home Group

admin@sourceofhome.com +1(970) 528-0604

$799,900

Est. payment - /mo

10 Beds

4 Baths

4,317 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,317 sqft

Price per Sqft $185

Subdivision Hillsborough

MLS Listing ID 8409292

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 2,925

Year Built 1985

Annual Tax Amount $5,528

Tax Year 2024

Lot Size 0.308 Acres

Acres 0.31

Property Sub-Type Triplex

Source recolorado

Property Description

Turnkey Denver triplex with strong in-place income and immediate upside. Two units are leased — Unit A at $1,750/month with long-term residents since 2020 (lease through 8/31/26) and Unit B at $2,120/month (lease through 11/14/26). The basement unit is vacant with applications under review at $1,945/month, putting pro-forma gross rents at $5,815/month and a 5% cap rate as-is at list price. Unit B recently added a bathroom, increasing rental value — mirror the same improvement in Unit A and the cap rate climbs to 5.3%. Each unit includes its own detached garage space plus plenty of off-street parking available. Situated on a large lot with room for storage, a dog run, garden, or outdoor common area. Exterior recently painted, roof replaced in 2020. Zero immediate CapEx, strong lease structure, and a clear value-add path make this one of the cleaner triplex opportunities on the Denver market right now.

Location

State CO

County Adams

Zoning R-2

Rooms

Basement Finished

Interior

Interior Features High Ceilings, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)

Heating Baseboard

Cooling Air Conditioning-Room, Other

Flooring Carpet, Laminate, Tile, Wood

Fireplace N

Appliance Dishwasher, Dryer, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Dog Run, Private Yard, Rain Gutters

Garage Spaces 3.0

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 8

Garage No

Building

Foundation Structural

Sewer Community Sewer

Water Public

Level or Stories Two

Structure Type Frame

Schools

Elementary Schools Hodgkins

Middle Schools Colorado Sports Leadership Academy

High Schools Westminster

School District Westminster Public Schools

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by Atlas Real Estate Group

Nearby School & Business

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Source Home Group

+1(970) 528-0604

Agent | FA.100072314

Agent FA.100072314

3210 W Longfellow PL Denver, CO 80221

Source Home Group

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Get More Information