About 4851 S Bannock Street
Updated and well maintained Englewood triplex property with room for value-add. All units are move-in ready with updated flooring and paint. This unique multifamily property features 3, three bedroom units with room to add a fourth. The large front facing unit features 3 beds and 2 baths all above grade. The other two units are also 3/2 and feature a bed/bath in the basement with egress windows. The basement below the front unit is large and unfinished, with rough-in for plumbing and an egress window as well. City of Englewood zoning has confirmed that zoning could allow a 4th unit be added (buyer to verify). There are 3 covered parking spots in the back with additional storage. Property features many updates including sewer line systems, electrical, HVAC, concrete, and professionally maintained landscaping. This massive 5800 SQF property is rare for the Englewood market and offers cash flow potential that is rarely seen at this price point. Conservative rent estimate is valued at 2500/mo per unit. Adding the potential 4th unit would bring total monthly gross rent to $9200+ per month. Please see offering memorandum for more details or call listing broker Erik Carman 720-663-8999.
Features of 4851 S Bannock Street
| MLS® # | 5317982 |
|---|---|
| Price | $1,150,000 |
| Bedrooms | 9 |
| Bathrooms | 6.00 |
| Square Footage | 4,650 |
| Acres | 0.25 |
| Year Built | 1973 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Status | Pending |
Community Information
| Address | 4851 S Bannock Street |
|---|---|
| Subdivision | Englewood |
| City | Englewood |
| County | Arapahoe |
| State | CO |
| Zip Code | 80110 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Parking | Concrete, Storage |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer |
|---|---|
| Heating | Forced Air |
| Cooling | Central Air |
| Fireplace | No |
| Stories | One |
| Basement | Bath/Stubbed, Finished, Unfinished |
Exterior
| Lot Description | Level |
|---|---|
| Roof | Composition |
School Information
| District | Englewood 1 |
|---|---|
| Elementary | Clayton |
| Middle | Englewood |
| High | Englewood |
Additional Information
| Date Listed | April 19th, 2024 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Compass - Denver |
|---|---|
| Contact | erik.carman@compass.com,720-663-8999 |