5005 W 1st Avenue, Denver, CO 80219

$1,100,000
8
BD
6
BA
3,743
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Courtesy of Nick Donato . donatopropertymgmt@gmail.com,720-320-6164

List Price
$1,100,000
Price Change
▼ $20,000 1777937509
Type
Multifamily
Status
ACTIVE
MLS Number
4678699
Finished Sqft
3,743
Above Grade Sqft
2160
Total Sqft
3823
Subdivision
Barnum West
Sub-Area
Barnum West
Year Built
1957

Property Description

Complex is being sold at a competitive 7.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. All units are currently rented but with a few leases coming up it makes for an excellent house hack. All units have washer dryers and AC. Tenants love the units and I rarely find myself looking for tenants. Studio recently fixed up, Upstairs 3 bedroom is in excellent shape, 1 bedroom and downstairs 3 bedroom could use some floors when the tenants move out which could be a while. 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.

Additional Information

School District
Denver 1
Elementary School
Newlon
Middle School
Grant
High School
West
Basement
Finished
Basement Finished
Yes
Lot Size
10,890
Acres
0.25
Taxes
$2,742
Tax Year
2024

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks


The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Real Estate Company are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions