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5005 W 1st Avenue, Denver CO 80219

$1,000,000
7 Bedrooms , 6 Bathrooms

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Property 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 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

General Features

MLS: 6556513Status: Under Contract
Listing Office: 3GEN Real EstateStyle: Quadruplex
Construction: Brick,Frame,ConcreteBedrooms: 7
Baths: 6Cooling: CentralAir
Heating: ForcedAirTotal SqFt: 3,823ft²
Finished SqFt: 3,743ft²Above Ground SqFt: 2,160ft²
Acreage: 0.25 acresLot Size: 10,890ft²
Year Built: 1957

School Information

District: Denver 1
Elementary: Newlon
Middle: Grant
High: West

Taxes & Fees

Tax Amount: $2,392
Tax Year: 2021

Additional Information

Indoor Features: UpdatedRemodeled
Outdoor Features: Full
Property Features: Concrete

Walking Score

Property Database Last Updated: May 13th 2024 02:55 AM

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