1401 W 85th Avenue #F201, Federal Heights, CO 80260
Local realty services provided by:LUX Real Estate Company ERA Powered
Listed by:tucker baertucker@homesinvailvalley.com,303-887-4645
Office:mb paramount properties
MLS#:3961811
Source:ML
Price summary
- Price:$269,900
- Price per sq. ft.:$317.9
- Monthly HOA dues:$295
About this home
SEE VISUAL TOUR WITH VOICE*UNIQUE TWO-STORY CONDO*DESIRABLE END UNIT WITH NO NEIGHBOR ON ONE SIDE AND PROVIDING EXTRA NATURAL LIGHT*ADVANTAGEOUS PENTHOUSE WITH NO UNIT ABOVE*9 FOOT CEILINGS IN LIVING ROOM/KITCHEN AND VAULTED CEILINGS IN BEDROOMS PROVIDING A SPACIOUS FEEL*CONVENIENT HALF BATHROOM ON MAIN LEVEL*BUILT IN CABINETRY ON STAIR LANDING FOR ADDITIONAL STORAGE OR BAR*BOTH BEDROOMS HAVE LARGE PRIVATE BALCONIES AND FULL BATHROOMS*NEW CARPET, PAINT, MATCHING KITCHEN LG APPLIANCES, AND WATER HEATER*MANY NEW LIGHT FIXTURES*TOUCH ACTIVATED KITCHEN FAUCET*AC*NEXT TO BELL ROTH PARK WITH LAKE*WATER WORLD IS JUST DOWN THE STREET*This has been a solid rental with consistent demand. The seller had no trouble keeping the property occupied, with the most recent tenant staying for nine years. Over this period, the seller achieved an average annual yield of approximately 6%, and the property more than doubled in value. In 2024, the unit generated $10,861.45 in net income at $1,318/month—an amount the seller believes was below market. With recent updates and strong rental demand, the property is well-positioned to perform even better moving forward.*Lender lined up that may help you save time. See private remarks for contact details.*SEE VISUAL TOUR WITH VOICE
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Home facts
- Year built:2005
- Listing ID #:3961811
Rooms and interior
- Bedrooms:2
- Total bathrooms:3
- Full bathrooms:2
- Half bathrooms:1
- Living area:849 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Hot Water
Structure and exterior
- Roof:Composition
- Year built:2005
- Building area:849 sq. ft.
Schools
- High school:Northglenn
- Middle school:Thornton
- Elementary school:Rocky Mountain
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$269,900
- Price per sq. ft.:$317.9
- Tax amount:$1,473 (2023)
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