$1,500,000
$1,600,000
6.3%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4,292 SqFt
SOLD DATE : 04/16/2025
Key Details
Sold Price $1,500,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 4,292 sqft
Price per Sqft $349
Subdivision Cheesman Park
MLS Listing ID 2985794
Sold Date 04/16/25
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 4,292
Originating Board recolorado
Year Built 1940
Annual Tax Amount $10,957
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Quadplex
Property Description
Incredible investment opportunity in the heart of Denver! This 9-unit building, located just a 3-minute drive from Cheesman Park, boasts a strong rental history with 8 out of 9 units currently rented on a month-to-month basis. The property includes eight 1-bedroom, 1-bathroom units and one studio, all of which are highly sought after in this desirable location.
A bonus feature is the 3-car garage in the rear of the property, which has been converted into storage units, offering additional income potential. The units rent exceptionally well, making this property a reliable income generator with incredible possibilities for future development.
Please note: Do not disturb tenants. For more information or to schedule a viewing, please contact the listing agent directly.
Don't miss your chance to own this versatile and promising property in a prime Denver location!
There will not be a SPD as the seller has never lived in the property.
Location
State CO
County Denver
Zoning U-RH-3A
Interior
Heating Steam
Cooling None
Fireplace N
Exterior
Roof Type Concrete
Total Parking Spaces 6
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories Split Entry (Bi-Level)
Structure Type Brick
Schools
Elementary Schools Dora Moore
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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