Description
Fully Leased Duplex on University Hill. This investment opportunity just steps from CU campus is completely pre-leased through July 2024. The front unit (867) is a 4 bed/1 bath brick house currently renting for $3536/mo and pre-leased from 8/23-7/24 at: $4400/month + utility reimbursement. The back unit (869) is a 2 bed/2 bath two story unit renting for $2408/mo and is pre-leased at $2,900/month + utilities from 8/23-7/24. Rents in 'Potential Rents' section are secured. Both units have laundry and off-street parking. Tenants pay gas and electric, Landlord pays trash and water. This location is highly desirable to CU students and vacancies have been kept to zero since 1996! The roof was replaced in 2022. Sale will be considered in 'As Is' condition.
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6BEDS
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0.14ACRES
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0BATHS
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01/2 BATHS
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1,766SQFT
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$847$/SQFT
School Information
Description
Fully Leased Duplex on University Hill. This investment opportunity just steps from CU campus is completely pre-leased through July 2024. The front unit (867) is a 4 bed/1 bath brick house currently renting for $3536/mo and pre-leased from 8/23-7/24 at: $4400/month + utility reimbursement. The back unit (869) is a 2 bed/2 bath two story unit renting for $2408/mo and is pre-leased at $2,900/month + utilities from 8/23-7/24. Rents in 'Potential Rents' section are secured. Both units have laundry and off-street parking. Tenants pay gas and electric, Landlord pays trash and water. This location is highly desirable to CU students and vacancies have been kept to zero since 1996! The roof was replaced in 2022. Sale will be considered in 'As Is' condition.
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