5005 W 1st Avenue
Denver, CO 80219
3823 sqft | 7 beds | 0.25 acres | #9585598
Description
Complex is being sold at a competitive 6.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio is furnished and rented on Air BNB as a month + unit (it makes more than $1,200 rented this way). Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. Located near 6th avenue with easy access to Downtown Denver or the Belmar Shopping area.
Recently got a new roof that boasts hail resistance shingles keeping insurance manageable.
Property Details
- Property ConditionUpdated/Remodeled
- SubdivisionLowrey Heights
- Property TypeMulti-Family
- Sewer InformationPublic Sewer
- Original List Price$1,100,000
- Structure TypeQuadruplex
- BasementFinished
- School DistrictDenver 1
- Property SubtypeQuadplex
- MLS #9585598
- Cost1195000
- MLS #9585598
- Utility SourcePublic
- Elementary SchoolNewlon
- CountyDenver
- Taxes Annual$2,728
- Lot DescriptionLevel
- Middle SchoolGrant
- Acres0.25
- Square Feet3823
- Year Built1957
- FoundationSlab
- High SchoolWest
- Bedrooms7
Location
Legal
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 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.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Nick Donato (#REC55061104)
Listing Office: Nick Donato (#RECNDRE1)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
