Tri-plex, 3/1, 2/1, 1/1. $74,343 Annual Income.

Est. Profit for a Flip $65,000.

2823 W Archer Pl Denver, CO 80219

  • Characteristics

    Beds: 5
    Baths: 3
    SqFt: 2,594
    Lot Size: 9,150
    Year Built: 1953
    APN: 05085-10-021-000

  • Condition

    Tri-plex was a meth house. Meth remediation completed and certificate from city in hand.

    All units gutted during the remediation process. Needs everything, rental grade cosmetic finishes.

    Unit 1: Three bedrooms, one bathroom, kitchen, living room and dining room. Market rent $2,850/$34,200.

    Unit 2: Two bedrooms, one bathroom, kitchen, dining space, living room. Market rent $1,950/$23,400.

    Unit 3: One bedroom, one bathroom, kitchen, living space. Market rent $1,395/$16,740

    Three one car garages. 3 meters. Total Sqft 2,594. Zoning E-SU-DX

    Monthly long-term rental income $6,195. Annual income $74,340. Short/mid term rentals would be higher.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $1,798 (2023)
    Rental Income: $6,195 monthly/$74,340
    Repairs: $130,000
    ARV: $745,000
    Asking: $495,000

    Dates
    Investor Inspection: Thursday 7/18 at 11:00am RSVP
    Closing: 7/26
    Possession: 7/26

    Contact
    Amy McCraken
    AMcCraken@JoeHomeBuyer.com
    303-478-7895

    *HOA, Taxes, LTR, STR, Repairs, ARV and any other figures are estimates. BTVA.

*DISCLOSURE*
JOE HOMEBUYER IS EXPLORING ALL OPTIONS WITH THIS AGREEMENT. AS PART OF OUR DUE DILIGENCE WE ARE CONSIDERING SELLING OUR ASSIGNABLE CONTRACT FOR THIS PROPERTY. WE MAY NOT OWN THIS HOME - WE ARE NOT REAL ESTATE AGENTS. WE DO NOT REPRESENT THE SELLER. THE INFORMATION IS PROVIDED AS A COURTESY AND NOT MEANT FOR THE PURPOSES OF MARKETING THIS HOME.