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Key Details
Sold Price $1,177,500
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,592 sqft
Price per Sqft $327
Subdivision City Park West
MLS Listing ID 8917797
Style Denver Square
Bedrooms 6
Year Built 1893
Annual Tax Amount $5,467
Tax Year 2022
Lot Size 3,920 Sqft
Property Description
Turnkey investment opportunity in the heart of Uptown/City Park West. This property has three fully leased units. Unit 3, on the upper floor, has 2 bedrooms, 2 bathrooms, and additional loft/flex space. The main floor unit has 2 bedrooms, and 1 bathroom. The lower level has 2 bedrooms, 1 bathroom, and an additional flex room/office. Each unit is spacious, offers old world charm, and boasts convenient amenities such as washer and dryer in each unit and a lovely shared backyard. A two car garage and additional off street parking space offer each unit parking, although on-street parking is readily available. Property retains long term tenants. When a rare vacancy arises, the owner has taken the opportunity to rehab and refresh. Unit 1 has newer floors, paint, and light fixtures. After the Unit 2 tenant of three years moved, all walls were painted, new carpet and blinds installed. Unit 3 tenants have been there for three years.
Highly desirable rental location! Less than a block to Denver favorites on 17th Ave like Chada Thai, St Marks Coffeehouse, Thin Man. A few blocks further is home to OneFold, White Pie, Dos Santos, Olive & Finch. Only 3 blocks to recreation and culture at City Park, Farmers Market, DMNS, Denver Zoo, and boat house. Very short distance to live music at the Fillmore, the Ogden, the Bluebird, and easy access to major health centers, Rino, and Downtown Denver. Zoned G-RO-3 for office or residential.
Open House Saturday February 10th 1-3pm.
Location
State CO
County Denver
Zoning G-RO-3
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet, Tile, Vinyl, Wood
Fireplaces Number 1
Fireplaces Type Living Room
Laundry In Unit, Multiple Locations
Exterior
Exterior Feature Balcony, Garden, Private Yard, Rain Gutters
Parking Features Concrete
Garage Spaces 2.0
Fence Full
View City
Roof Type Composition
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
Elementary Schools Whittier E-8
Middle Schools Whittier E-8
High Schools East
School District Denver 1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo
Listing Terms 1031 Exchange, Cash, Conventional, Jumbo
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Madison & Company Properties
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor