Property

Denver, CO 80219

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Presented By:
  • Information and Real Estate Services (IRES) - 19 - CO
  • MLS# 9585598
  • 08/19/2024
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Disclaimer: The information contained in this listing has not been verified by LoKation® Real Estate and should be verified by the buyer.
  • Beds • 7
  • Baths • 6
  • SQFT • 3,823
  • Garage • 7

Home Details

Complex is being sold at a competitive 7.4% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio was remodeled on 1/19/2025 and is currently furnished on Air BNB. 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.
Presented By:

Interior Features for

Bedrooms

Total Bedrooms7

Bathrooms

Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area2160
Air Conditioning Y/NYes
BasementPartially Finished
Below Grade Finished Area1663
Fireplace Y/NNo
Heating Y/NYes

General for

AccessibilityLevel Lot
Architectural StyleRanch
Attached Garage No
Cap Rate7.4
CityDenver
Construction MaterialsWood/Frame, Brick/Brick Veneer, Concrete
CoolingCentral Air
CountyDenver
ElectricMaster Meter-Electric
Elementary SchoolNewlon
ExclusionsTenants belongings
Facing DirectionSouth
Garage Spaces7
Garage Y/NYes
Gas Y/NMaster Meter-Gas
Gross Income112104
HOANo
HeatingForced Air
High SchoolWest
High School DistrictDenver 1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet10890
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolGrant
Net Operating Income85602
New ConstructionNo
Number Of Units Total4
Operating Expense26502
Other StructuresOutbuildings
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofOther
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameLowrey Heights
Tax Annual Amount2728
Tax Year2023
Year Built1957
ZoningE-MX-2

Exterior for

Building Area Total3823
Covered Spaces7
FencingFenced
Foundation DetailsSlab
Horse Y/NNo
Lot FeaturesLevel
Lot Size Acres0.25
Lot Size Area10890
Other ParkingParking Per Unit(1.5 Spaces/Unit)
SpaNo
Water SourceCity Water
Waterfront Y/NNo

Additional Details

Price History

Schools

Elementary School Newlon Elementary School
High School West High School
Middle School Grant Middle School

Maria Stenmark

Price $1,175,000
MLS#9585598
List Date 08/19/2024
Property Type Income
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