USACOGlendale551 S Fairfax St
551 S Fairfax St, Home with 0 bedrooms, 0 bathrooms and 7 parking in Glendale CO | Image 1
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$2,900,000

551 S Fairfax St, Glendale, CO

Real Estate

For Sale

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  • Key Facts
  • Description
  • Map

Key Facts

Type Multi Family
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $8,930
Days Active 94
Approx. Age 1961
MLS® Number 6494437

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

551 S Fairfax St. Is a unique value add opportunity with proven upside in a desirable location. The building is a diverse mix of (2) premium studios, (6) one beds, and (5) two beds. There have been extensive updates to major systems including roof, boiler, electrical, windows, and more (see Page 5). The subject property falls into Arapahoe County, City of Glendale, & highly desirable Cherry Creek School District. Tenants enjoy the recently renovated Glendale Park with pickleball courts directly adjacent to the property as well as nearby shopping and dining in Cherry Creek. This deal has attractive Seller financing available with 71% LTV and 4% interest. In addition, there are a few renovated units that prove a path to value add. For the right investor, this is a great opportunity to buy a well located deal with strong in place cash flow and proven upside potential.Show Description
MLS® Number6494437
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1961
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

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