Calibrate Real Estate announces the sale of a 4-unit building located in the the ideal Highlands neighborhood one block off of Tennyson St, at 4426-4436 W. 39th Avenue. Kyle Malnati worked with the Seller in this transaction. This updated and modern building contains all 2Br/1Ba units and abundant parking for tenants with a total of 8 spaces.
The Seller’s of this property purchased the building in 2017 for $800,000 and completed a full remodel including a new roof. With the help of Calibrate the property sold today (June 2018) for a profit of $475,000 in just one year.
Denver Neighborhood: Berkeley
Address: 4426-4436 W. 39th Ave., Denver, CO 80212
Sale Date: 6/22/18
Sale Price: $1,275,000
# of Units: 4
Building Size: 3,869 SF*
Lot Size: 8,140 SF*
*Reader to verify accuracy of square footage. Square footage data was obtained from Denver County Assessor’s website.*
UNIT BY UNIT RENT ROLL:
1: 2Br/1Ba $1,800/Month
2: 2Br/1Ba $1,835/Month
3: 2Br/1Ba $1,635/Month
4: 2Br/1Ba $1,850/Month
– Amazing Location in Berkeley Neighborhood
– Abundant Parking with 8 Spaces for 4 Units
– All Units Have Individual Laundry and Dishwashers
– Walk Score: 93
– Steps to Retail District on Tennyson Street: collection of specialty shops, eateries, breweries, bars, studios and galleries.
Kyle Malnati 303-358-4250 | Kyle@CalibrateRE.com