1401 S Broadway R A, Denver, CO, 80210
  • $1,150,000

Overview

Property ID: HZ4802564
  • Triplex, ResidentialIncome
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 1915
  • Year Built

Description

Attractive income property located in desirable Platt Park on S. Broadway close to exciting shops and dining. 3-unit condo with one updated studio, an updated 2 bedroom, and another 1 bedroom unit. Always rented and rising rents on turnovers. Minimal operating costs and decent infrastructure with low deferred maintenance. This is a nice cruise control investment with plenty of upside opportunity. Unit 1: New lease commences 6.30.22. Updated Studio with new cabinets, granite counters, LVP flooring and a bath. . Unit 2: leased through 2.28.23, Updated 2-bedroom, 1 bath with comparable finishes to the studio. Unit 3: leased through 9.30.22, 1 bedroom, 1 bath with new carpet. All three units deeded as one and cannot be split. Unit 2 and 3 have not escalated rents in past two years and could be increased significantly at renewal. Utilities reimbursed through the rent. Self-managed HOA $127 per month. Due diligence documents and financials uploaded in the documents section for your review.

  • Address: 1401 S Broadway R A
  • City: Denver
  • State/county: Denver
  • Zip/Postal Code: 80210

Details

Updated on July 26, 2022 at 3:48 pm
  • Property ID HZ4802564
  • Price $1,150,000
  • Bedrooms 4
  • Bathrooms 3
  • Year Built 1915
  • Property Type Triplex, ResidentialIncome
  • Property Status Active

Additional details

  • PropertySubType Triplex
  • Subdivision Broadway Arkansas
  • Tax Year 2021
  • Construction Materials Brick
  • Utilities ElectricityConnected, NaturalGasConnected
  • Roof Other
  • Appliances Dryer, Dishwasher, Disposal, Microwave, Range, Refrigerator, Washer
  • LotSizeUnits Acres
  • Middle School Grant
  • HighSchool South
  • HighSchool District Denver 1
  • ElementarySchool McKinley-Thatcher

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