5005 W 1st Avenue, Denver, CO, 80219
- $1,000,000
Overview
- Quadruplex, ResidentialIncome
- 7
- 6
- 10890 Sq Ft
- 1957
Description
Cash flowing asset that brings in a great cap rate! Complex has seen extensive remodeling and has not had issues being rented. Unique unit mix with two 3 bedrooms one 1 bedroom and a studio. Basement 3 bedroom is rented long term to a guest that is receiving public assistance which means her rent comes in every month and can be raised every year. Three bed upstairs is currently rented to some traveling nurses leaving the possibility of the buyer house hacking. One bedroom is rented to a traveling nurse for 3+ more months. Studio is rented furnished for the next month. Makes for a great house hack as you could live in the studio or one bedroom and live for free or live with more style in the 3 bedroom and pay a small mortgage if any. Located near 6th avenue with easy access to Downtown Denver or the Belmar Shopping area
Address
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Address: 5005 W 1st Avenue
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City: Denver
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State/county: Denver
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Zip/Postal Code: 80219
Details
Updated on March 21, 2023 at 9:31 pm-
Property ID HZ6556513
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Price $1,000,000
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Property Size 10890 Sq Ft
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Bedrooms 7
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Bathrooms 6
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Year Built 1957
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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 Lowrey Heights
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Tax Year 2021
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Cooling CentralAir
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Construction Materials Brick, Frame, Concrete
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Roof Other
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Flooring Carpet, Laminate
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Parking Features Concrete
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Laundry Features InUnit
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Lot Features Level
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LotSize SquareFeet 10890
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LotSizeArea 0.25
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LotSizeUnits Acres
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Middle School Grant
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HighSchool West
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HighSchool District Denver 1
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ElementarySchool Newlon
Features
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