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About 218 Irving Street
Great investor opportunity! Passive income with steady long term tenant! Gross Income: $31,200 Expenses: $3,883.46 Net Operating Income: $27,316.54 5% cap rate Tenant has occupied the property since May of 2018, and Tenant has made on time payments EVERY MONTH! Seller can provide proof via bank statements. Tenant pays maintenance on the property. Tenant currently pays $2,600/mo and their lease expires May 31, 2026. If investor wanted a longer lease term, tenant wants to stay longer.
Features of 218 Irving Street
| MLS® # | 7546248 |
|---|---|
| Price | $546,331 |
| Bedrooms | 5 |
| Bathrooms | 3.00 |
| Full Baths | 2 |
| Half Baths | 1 |
| Square Footage | 1,626 |
| Acres | 0.22 |
| Year Built | 1910 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 218 Irving Street |
|---|---|
| Subdivision | Barnum |
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80219 |
Amenities
| Parking Spaces | 2 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | Other |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Two |
Exterior
| Roof | Composition |
|---|---|
| Construction | Wood Siding |
School Information
| District | Denver 1 |
|---|---|
| Elementary | Barnum |
| Middle | Compass Academy |
| High | West |
Additional Information
| Date Listed | January 17th, 2023 |
|---|---|
| Days on Market | 66 |
| Zoning | E-SU-D1X |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Malman Commercial Real Estate LLC |
|---|