2 months on rocket

50 Osceola St, Denver, CO, 80219

$1,145,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
4 Baths
2,900 SqFt
$395/SqFt
Multi
Schools Nearby

Location

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50 Osceola St, Denver$1,145,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
Year Built1954
HeatingForced Air
CoolingCentral Air
MLS #1995407
Lot Size0.22 Acres
StatusActive

About 50 Osceola St

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Urban Contemporary
  • Year Built: 1954
  • Living Area: 2,900 SqFt

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (720) 985-1701
  • Listing Agent: Kathy Goodman

Interior Features

Interior Information:

  • Appliances: Cooktop, Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
  • Basement: No
  • Flooring Type: Vinyl
  • Interior: Granite Counters, Open Floorplan

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Exterior Information:

  • Exterior: Rain Gutters

Parking Information:

  • Attached Garage: No

Lot Features

Lot Information:

  • Lot: Near Public Transit
  • Lot Size: 0.22 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Kunsmiller Creative Arts Academy, Public District Grades KG-12
  • Kipp Sunshine Peak Academy, Public Charter Grades 5-8
  • Strive Prep - Westwood, Public Charter Grades 6-8

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,145,000
  • Price Per SqFt: $395/SqFt

Tax Information:

  • Annual Amount: $3,480
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Denver, CO.

Med. Sold Price

$588K

Med. Price/SqFt

$383

Avg. Days On Market

36

# of Sold Homes

1211

50 Osceola St vs Denver

62 DAYS ON ROCKET

+26 Days

$1,145,000

+$556.9K More

$395/SqFt

+$11 More

KEY TAKEAWAY

This property is $556.9K more than the Median Sold Price and $11/SqFt more than other homes in Denver, CO.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: RECOLORADO
  • MLS Number: #1995407

Listing Office:

  • Office Name: HomeSmart
  • Office Phone: (720) 985-1701
  • Listing Agent: Kathy Goodman

IDX Listings courtesy of REColorado as distributed by MLS GRID.

All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

IDX ©2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved.

Presented by Rocket Homes Real Estate, LLC
Licensed in Colorado Brokerage License # EC. 100073419

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Rocket Homes Real Estate, LLC are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

Equal Housing

© 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 300
Greenwood Village, CO 80111 USA

ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 4/28/2024, 11:12:15 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 21, 2008Home Sold
$181,000
Jan 30, 2008Home Sold
$333,287
Jan 23, 2006Home Sold
$420,000
Mar 14, 2001Home Sold
$3,000,000
May 03, 1999Home Sold
$180,000

Tax History

YEARPROP. TAXASSESSMENT
2020$3,480$46,900
2019$2,513$46,900
2018$2,506$32,490
2017$2,079$32,490

History based on county public records data.

Payment Calculator

$5,782

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,499

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Middle School

school-card-donut-2723492
5
/10
  • Kipp Sunshine Peak Academy

  • 375 S Tejon St

  • 1.48 miles

  • Public Charter Grades 5-8

school-card-donut-2723493
5
/10
  • Strive Prep - Westwood

  • 3201 W Arizona Ave

  • 1.61 miles

  • Public Charter Grades 6-8

High School

school-card-donut-2723494
4
/10
  • Kunsmiller Creative Arts Academy

  • 2250 S Quitman Way

  • 2.87 miles

  • Public District Grades KG-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $34,128. Residents of Denver, CO typically earn less than $35k each year. Residents typically live in single, no kids family. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas


Rocket HomesColoradoDenver CountyDenver8021950 Osceola St

This home is located at 50 Osceola St in Denver, CO and zip code 80219 in the Southwest Denver neighborhood. This 2,900 square foot home, which was built in 1954, sits on a 0.22 acre lot. Features: 8 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since February 26, 2024 and is currently priced at $1,145,000.

In March 2024 more than 423 listings in Denver, CO were sold above the asking price. During the same period more than 307 listings were sold at asking price, while more than 481 were sold below. The number of homes for sale in Denver, CO increased by 18.3% between February 2024 and March 2024. While the average time on the market in March 2024 was 36 days, the median list price was $588,052.

From Rocket Homes Real Estate and based on county public records data.

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