6-Plex, 4 Apartments and 2 Retail/Commercial Spaces

4322-4328 S Broadway, Englewood, CO 80113

  • Characteristics

    Number of Buildings: 1
    Number of Stories: 2
    SqFt: 6,221
    Lot Area: 3,485 SqFt.
    Number of Commercial Units: 2
    Number of Residential Units: 4
    Bedrooms: 6
    Bathrooms: 7
    Subdivision Name: South Broadway Heights

  • Condition

    South Broadway 6-plex, 4 residential units and 2 commercial units.

    All residential tenants are on a month-month. Rents are below market value. Tenants will likely stay with rent increase and sign leases if desired. Link to HUD 2025 FMR for Arapahoe County

    APT 1: 1/1 - $1,200 monthly / $14,400 annually (HUD 2025 FMR/Section 8 $1,789)

    APT 2: 1/1 -$1,300 monthly / $15,600 annually (HUD 2025 FMR/Section 8 $1,789)

    APT 3: 2/2 -$1,800 monthly / $21,600 annually (HUD 2025 FMR Section 8 $2,140)

    APT 4: 2/1 - $1,324 monthly / $15,888 annually (HUD 2025 FMR Section 8 $2,140)

    Com 1: $2,100 monthly / $25,200 annually

    Com 2: Vacant

    Total: $7,724 monthly / $92,688 annually

    Fill C2 for $1,650 + and raise rents to market rate for $11,608 monthly / $139,296 annually.

  • Numbers & Dates

    Numbers
    HOA: No
    Taxes: $5,862 (2023)
    Rental Income: $139,296

    Repairs: $0-$35,000
    ARV: $1,500,000
    Asking: $825,000

    Dates
    Investor Inspection: Wednesday 11/20 at Noon RSVP
    Closing: 12/31/24 or sooner
    Possession: At closing

    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.