50 Osceola Street

50 Osceola Street

Denver, CO 80219

$1,145,000
Price
8
Beds
4
Baths
2,900 Sq. Ft.
$395 / Sq. Ft.
2,900
Sq. Ft.
$395
per Sq. Ft.
a view of a house with a yard
a view of a house with wooden floor
a view of a house with a yard
a view of a pathway
a view of a house with large trees and wooden fence
a living room with furniture kitchen view and a dining table
a kitchen with granite countertop cabinets stainless steel appliances and wooden floor
a view of a dining room with furniture and a large window
a living room with furniture and wooden floor
a view of kitchen with microwave a stove and cabinets
a kitchen with stainless steel appliances granite countertop white cabinets sink stove and microwave
a bathroom with a sink mirror and toilet
a view of empty room with wooden floor and window
a kitchen with a refrigerator cabinets and wooden floor
a kitchen with appliances a sink and cabinets
a view of an empty room with wooden floor and a window
a living room with furniture a table and wooden floor
a view of a dining room with furniture and wooden floor
a bedroom with a bed and a window
a view of an entryway with wooden floor
a bathroom with a bathtub shower sink mirror vanity and toilet
a kitchen with a sink and cabinets
a bathroom with a granite countertop sink toilet and shower
a bathroom with a granite countertop sink and a mirror
a bathroom with a sink a toilet and bathtub
a bathroom with a sink and a toilet
a bathroom with a sink a toilet and shower
a view of a hallway with wooden floor and staircase
a sign that is on the side of a wall

Description

Here is your opportunity to buy a multifamily property, generating a 6.5% cap rate, live in one unit and rent out the others so your tenants pay your mortgage while you build equity living in the property. This is a legit four-plex just minutes from downtown Denver in the up-and-coming Barnum neighborhood. Each unit is; 725 sqft, 2 bedrooms and 1 bath (total sqft 2900) with great parking (each unit has 4 spaces). The entire complex has been redone with new everything.. over $200k of upgrades inside...Here is your opportunity to buy a multifamily property, generating a 6.5% cap rate, live in one unit and rent out the others so your tenants pay your mortgage while you build equity living in the property. This is a legit four-plex just minutes from downtown Denver in the up-and-coming Barnum neighborhood. Each unit is; 725 sqft, 2 bedrooms and 1 bath (total sqft 2900) with great parking (each unit has 4 spaces). The entire complex has been redone with new everything.. over $200k of upgrades inside and out. Outside, newer sewer line, and new fencing with storage for each unit. Newer roof and new exterior paint and doors. Gas meters and electric are separated for each unit. All units have open floor plans with new luxury vinyl-wood flooring, new kitchens with Gray shaker cabinets with soft closing draws and pulls, granite countertops, subway backsplash, and new stainless steel appliances. The bathrooms are all new with fixtures and lighting. 2 units have new windows and other 2 newer windows. The furnaces are 3 years old and new water heaters. All new electrical and plumbing, plus trim, doors, and paint. Each unit has stackable W&D. Tenants have 2-year leases starting between December 2023 and February 2024. There is no smoking or pets allowed. All Units pay $1850 a month rent per month. Gas and electrical are paid by tenants. BONUS: This listing is in a LMIT area (Low to Moderate Income census Tract) as well as being in a Huntington assessment area. Therefore, closing costs are limited to $500.00! This includes processing fees, appraisal fees, survey and recording fees – just to name a few. All units are currently occupied but Owner Occupancy Is Available with a 2 month notice. This investment property offers it all - too good to pass up!
  1. Listed by Kathy Goodman • HomeSmart • kathygoodman33@gmail.com,720-985-1701

Property Details for 50 Osceola Street

Structure Type
Quadruplex
Architectural Style
Urban Contemporary
Levels
Two
Stories
2
Subdivision Name
Barnum
Association
No
Basement
No

Location

Listing Courtesy of HomeSmart, Kathy Goodman
Add your commute
LISTING UPDATED: 04/13/2024 10:20 PM

Property Details for 50 Osceola Street

StatusActive
MLS #1995407
Days on Compass76
Taxes$3,428 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1954
Lot Size0.22 AC / 9,583 SF
CountyDenver County

Location

Listing Courtesy of HomeSmart, Kathy Goodman
Add your commute

Building Information for 50 Osceola Street

Stories-Residences-Year Built1954Building Size-Lot Size0.22 AC / 9,583 SF

Payment Calculator

$6,534 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,249

Property Taxes

$286

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 50 Osceola Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2900
  • Sqft Total: 2900
  • Living Area (SqFt Finished): 2900
  • Above Grade Finished Area: 2900
  • Living SqFt: 2900
  • Area Source: Public Records
  • PSF Total: 395
  • PSF Above Grade: 395
  • PSF Finished: 395
  • Master on Main: No
  • Direction Faces: West
  • Foundation Details: Block
  • Heating: Forced Air
  • Cooling: Central Air
  • Interior Features: Granite Counters, Open Floorplan
  • Flooring: Vinyl
  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Laundry Features: In Unit, Laundry Closet
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 8
Bathrooms
  • Bathrooms Total: 4
Parking
Parking
  • Attached Garage: No
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 16
  • Parking Count: 16
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
School Information
  • Elementary School: Newlon
  • Elementary School District: Denver 1
  • Middle Or Junior School: Kepner
  • Middle Or Junior School District: Denver 1
  • High School: West
  • High School District: Denver 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 9583
  • Lot Features: Near Public Transit
  • Zoning: E-SU-D1X
  • Fencing: Full
  • Distance To Bus: 1584
  • Distance To Bus Units: Feet
  • Distance To Light Rail: 1
  • Distance To Light Rail Units: Miles
  • Property Exclusions: NONE
Building Information
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Block, Concrete, Frame, Vinyl Siding
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Common Walls: 2+ Common Walls
  • Exterior Features: Rain Gutters
  • Livable Structure Count: 0
  • Unit Count: 4
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Utilities: Cable Available, Electricity Available, Electricity Connected
  • Sewer: Public Sewer
  • Electric: 110V

Property History for 50 Osceola Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 50 Osceola Street

Taxable ValueLand$10,470Additions$43,790Total$54,260
Tax Record2023$4,204 ($350 / month)
Home Facts
Total Finished SqFt2,900 SqFtAbove Grade Finished SqFt2,900 SqFtStories2Lot Size9,370 SqFtStyleMulti-Family Res (5+ Units)Year Built1954ZoningE-SU-D1XCountyDENVERAPN05074-03-015-000

Schools near 50 Osceola Street

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Newlon Elementary School
Public - PK to 5
Kipp Sunshine Peak Academy
Charter - 5 to 8
West Middle School
Public - 6 to 8
Compass Academy
Charter - 6 to 8
Rating
School
Distance
Newlon Elementary School
PublicPK to 5

Kipp Sunshine Peak Academy
Charter5 to 8

West Middle School
Public6 to 8

Compass Academy
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 50 Osceola Street, Denver, CO 80219

50 Osceola Street is a multi-family home for sale in Denver, CO 80219. This property was listed for sale on February 14, 2024 by HomeSmart, it's currently listed at $1,145,000. It has been on the market for a total of 76 days and was last sold on June 30, 2023. This listing's school district is Denver County 1 School District. Nearby schools include Newlon Elementary School, Kipp Sunshine Peak Academy and West Middle School. 50 Osceola Street is a 8-bed, 4-bath, 2,900 sqft multi-family home built in 1954.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart, Kathy Goodman

Based on information from one of the following Multiple Listing Services: REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS . Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by REColorado, Summit MLS Inc (a wholly owned subsidiary of Summit Association of REALTORS), Pikes Peak Association of Realtors, IRES, Grand Junction Area REALTOR, CREN, Vail Board of REALTORS and Grand County Board of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.