$269,900

1401 W 85th Avenue F201, Federal Heights, CO 80260

2 beds |
3 baths |
849 sqft

Condominium
Built in 2005
—— sqft lot
—— car garage
$318/sqft
Listed 7 months ago

Property Description

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

Listing Status:: Active
Listing Office:: MB PARAMOUNT PROPERTIES : (303) 796-7000
Listing Agent:: Tucker Baer : 303-887-4645
MLS ID:: 3961811

General: High Ceilings
A/C: Central Air
Heating: Hot Water

General: Balcony
Style: Contemporary
Parking: AsphaltGuestParking spaces: 1

Roofing: Composition
General: Two

HOA Amenities: ReservesMaintenance GroundsMaintenance StructureSewerSnow RemovalTrashWater295.0Monthly
Originating MLS: recolorado
School District: Adams 12 5 Star Schl
County: Adams

Zoning: CondoCONDO: ROTH PARK CONDOMINIUMS UNIT:F201 DESC:BLDG FR0164961

Utilities: Cable AvailableElectricity ConnectedNatural Gas Connected220 Volts
Water: Public
Sewer: Public Sewer

Source: recolorado
Ownership: Corporation/Trust
Exclusions: Email Tucker for inclusions

This listing courtesy of Tucker Baer, MB PARAMOUNT PROPERTIES

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

North Star Elementary School

8740 Northstar Dr, Denver, CO, 80260

Grades PK-5

0.71 miles away

Thornton Middle School

9451 Hoffman Way, Thornton, CO, 80229

Grades 6-8

1.85 miles away

Northglenn High School

601 W 100th Pl, Northglenn, CO, 80260

Grades 9-12

2.02 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.