1625 N Downing Street, Denver, CO, 80218
- $1,495,000
Overview
- Quadruplex, ResidentialIncome
- 11
- 4
- 7190 Sq Ft
- 1901
Description
Beautiful Historic Denver Square close to Downtown in Swallow Hill Historic district with all the custom original built-ins. Make this property into a 4 unit property easily. Currently rented as-is at the 5.5 cap rate. Convert to 4 unit and add over $500K in value. Priced below market for quick sale at $262/SF. Purchase this as a primary and remodel into 3 airbnb units and live in one! Make over $300K/year! Convert to 4 unit long term rental property and annual income averages $160K.
Original hardwoods on main floor. original wood doors and beautiful brass knobs and detailed hinges. Original fireplaces no longer working but absolutely beautiful designs. Leaded glass windows over look the original wood entry staircase. Rear staircase offers access to the 2nd floor and attic unit. Attic unit has it’s own AC and heat. Main floor and second floor is rented for $6250/month. Basement walk-out unit has high ceilings and is 1,465SF, and is partially finished with bathroom and rough in kitchen- ready to finish and rent for over $2000/month.
This is a great opportunity for the savvy investor! Call listing agent for details! Other uses are possible – B&B/Hotel, Retail, Food service, office- owner/user, live/work, over 5 unit commercial property is allowed as well!
Address
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Address: 1625 N Downing Street
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City: Denver
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State/county: Denver
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Zip/Postal Code: 80218
Details
Updated on April 20, 2023 at 2:15 pm-
Property ID HZ7642200
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Price $1,495,000
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Property Size 7190 Sq Ft
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Bedrooms 11
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Bathrooms 4
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Year Built 1901
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Property Type Quadruplex, ResidentialIncome
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Property Status Active
Additional details
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PropertySubType Quadruplex
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Subdivision Swallow Hill
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Tax Year 2022
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Architectural Style SquareDesign
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Cooling CentralAir
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Construction Materials Brick, Stone
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Utilities CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable
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Roof Composition
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Flooring Wood
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Exterior Features Balcony, Garden, Lighting, PrivateYard
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Fireplace Features Other
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Laundry Features InUnit
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Lot Features SprinklersInRear, SprinklersInFront, Level, NearPublicTransit
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LotSize SquareFeet 7190
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LotSizeArea 0.17
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LotSizeUnits Acres
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Security Features SecuritySystem, ControlledAccess, CarbonMonoxideDetectors, SmokeDetectors
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Patio And PorchFeatures Covered, Deck, FrontPorch, Balcony
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Middle School Denver Center for International Studies
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HighSchool East
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HighSchool District Denver 1
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ElementarySchool Wyatt
Features
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