UPDATED:
11/19/2024 11:40 PM
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,252 sqft
Price per Sqft $395
Subdivision Baker
MLS Listing ID 4133138
Style Traditional
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 1,126
Originating Board recolorado
Year Built 1894
Annual Tax Amount $4,617
Tax Year 2023
Lot Size 2,178 Sqft
Acres 0.05
Property Description
Originally built to house railroad workers, this charming property offers a blend of rich history and modern convenience. Perfectly positioned near the lively restaurants and shops of South Broadway, public transit, and the vibrant attractions of downtown Denver, it’s an unbeatable location for both residents and investors.
The current owners have meticulously maintained the property, recently updating kitchens and bathrooms in three of the units. Most of the property has undergone a fresh remodel, with three units now vacant and ready for new tenants—applications are already under review for immediate occupancy.
This turnkey 4-plex presents an outstanding investment opportunity, offering solid ROI and attractive cap rates with minimal long-term upkeep. Motivated sellers are ready to facilitate a 1031 exchange if needed, making this a seamless addition to your portfolio!
Location
State CO
County Denver
Zoning U-RH-2.5
Rooms
Basement Exterior Entry, Finished, Walk-Out Access
Interior
Heating Forced Air, Natural Gas, Wall Furnace
Cooling Evaporative Cooling
Flooring Carpet, Linoleum, Tile
Fireplace N
Appliance Oven, Range, Refrigerator
Exterior
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Tar/Gravel
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Block,Stucco,Wood Siding
Schools
Elementary Schools Lincoln
Middle Schools Baker
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183