Turnkey, high-yield historic 4-plex in a premium Denver rental corridor. Over $100K in recent capital expenditures eliminates deferred maintenance risk: fully excavated/waterproofed foundation, Newer roof, gutters and downspouts, new gas line, new lead-free water lines, and partial new exterior brickwork. Excellent utility structure with 5 newly upgraded electrical panels (1… Read More per unit) and 1 for the shared laundry room to easily pass power costs to tenants. Full 1-year leases already in place for each unit. Highly stable asset with immediate day-one income and zero vacancy friction. Tenants pay utilities. Located in a high-demand, low-vacancy pocket steps from Cheesman Park, Congress Park, and the Bluebird Theater. Read Less
Built in 1901, Living area: 2892, Building faces South, Levels: Two, Entry location: Corridor Access, Construction Materials: Brick
Cooling
Air Conditioning-Room
Expenses
Operating: $15,481
Exterior Features
Patio/Porch Features: Covered, Front Porch, Balcony
Floors
Wood
Heating
Forced Air
Income
Gross Income: $54,420
Interior Features
Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, High Ceilings, High Speed Internet, Vaulted Ceiling(s)
Laundry
Common Area, In Unit
Lot
Level
Owner Pays
Exterior Maintenance, Taxes
Parking
8 total parking spaces, Asphalt, Concrete
Roof
Composition
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Taxes
Parcel Number: 5022-04-007, Annual Amount: $4,996, Legal Description: E 40FT OF W 85FT OF L 18 TO 20 INC BLK 3 HORRS ADD, Year: 2025, Zoning: G-MU-3
Tenant Pays
Electricity, Gas, Internet, Trash Collection, Water
Utilities
Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Water Source: Public, 220 Volts
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