5005 W 1st AVE Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80219
Key Details
Property Type Multi-Family
Sub Type Quadplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,743 sqft
Price per Sqft $319
Subdivision Lowrey Heights
MLS Listing ID 9585598
Bedrooms 7
HOA Y/N No
Abv Grd Liv Area 2,160
Originating Board recolorado
Year Built 1957
Annual Tax Amount $2,728
Tax Year 2023
Lot Size 10,890 Sqft
Acres 0.25
Property Description
Complex is being sold at a competitive 6.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio is furnished and rented on Air BNB as a month + unit (it makes more than $1,200 rented this way). Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. 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.
Location
State CO
County Denver
Zoning E-MX-2
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Central Air
Flooring Carpet,Laminate,Tile
Fireplace N
Laundry In Unit
Exterior
Garage Concrete
Fence Full
Roof Type Other
Total Parking Spaces 7
Garage No
Building
Lot Description Level
Foundation Slab
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick,Concrete,Frame
Schools
Elementary Schools Newlon
Middle Schools Grant
High Schools West
School District Denver 1
Others
Senior Community No
Ownership Agent Owner
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA
Listing Terms 1031 Exchange,Cash,Conventional,FHA
Special Listing Condition None