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1401 S Broadway , Denver CO 80210 Unit R-A

$1,150,000
4 Bedrooms , 3 Bathrooms

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Property 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 yo

General Features

MLS: 4802564Status: Active
Listing Office: CORE ResidentialStyle: Triplex
Construction: BrickBedrooms: 4
Baths: 3Heating: ForcedAir,NaturalGas
Total SqFt: 1,574ft²Finished SqFt: 1,574ft²
Above Ground SqFt: 1,574ft²Year Built: 1915

School Information

District: Denver 1
Elementary: McKinley-Thatcher
Middle: Grant
High: South

Taxes & Fees

Tax Amount: $2,827
Tax Year: 2021
HOA Fee: $127.42

Additional Information

Directions: S. Broadway to Arkansas. Turn right on Arkansas and park immediately. Units are upstairs in the building on the southwest corner of Broadway and Arkansas.
Indoor Features: Yes,Fixer,UpdatedRemodeled

Walking Score

Property Database Last Updated: May 17th 2024 02:55 AM

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