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571 North Emerson Street, Denver, Colorado

$769,0005 Beds

Listing Office: Here is Home

571 North Emerson Street, Denver, Colorado 80218
Here is Home - MLS® ID: 8145247

Property Details

571 North Emerson Street, Denver, Colorado 80218 - Property is also offered as a Single Family Residence (SFR) with a mother in law apartment in the basement. See MLS# 1897196 Property is vacant, but very easy to rent in this market. Actual income and expenses are from 2016 tax return. $2850/month and $1150/month are the rents form the most recent annual leases. This gives a gross annual income of $48k. Proforma rent of $3000/month and $1200/month, yielding $50,400 gross annual income. Proforma cap rate of 5.2%. Tenants pay Excel directly for gas and electricity. Owner bills tenants for water.

Amenities

  • Zip80218
  • CountyDenver
  • SQFT2304
  • Bedrooms5
  • StatusActive
  • Property typeIncome
  • Zoning typeU-TU-B
  • School districtDenver 1
  • Elementary schoolDora Moore
  • Junior highMorey
  • High schoolEast
  • Year built1911
  • Lot size4160.00
  • HeatingForced Air
  • Parking1
  • Tax amount$2,422.00
  • Tax year2016
  • Office IDM0523
  • Agent ID38087
  • Agent nameJeffrey Anderson
  • MLS® ID8145247

Broker: Here is Home

Listing Courtesy of Here is Home

Have Questions?

“Tom is a straight shooter and knows the Denver market. He helped us navigate the market and painted a clear picture of the process for selling our house. Knowing the steps ahead of time eased the process and helped us reach our goals.”

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(303) 591-2116