Active
5005 W 1st Avenue, Denver, CO, 80219
5005 W 1st Avenue, Denver, CO, 80219
8 Beds
6 Baths
3,823 SqFt
0.25 Acres
Listing Id
REC4678699$1,100,000
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.
Property Details
Price:
$1,100,000
MLS #:
REC4678699
Status:
Active
Beds:
8
Baths:
6
Type:
Multi Family
Structure:
Quadruplex
Subdivision:
Barnum West
Finished Sq Ft:
3,743
Total Sq Ft:
3,823
Lot Size:
10,890 sqft / 0.25 acres (approx)
Year Built:
1957
Interior
Above Grade Finished Area
2160
Below Grade Finished Area
1583
Below Grade Unfinished Area
80
Cooling
Central Air
Heating
Forced Air
Laundry Features
In Unit
Levels
One
Exterior
Construction Materials
Concrete, Frame
Lot Features
Level
Parking Spots
7
Parking Total
7
Patio And Porch Features
Rooftop
Roof
Shingle
Schools
School District:
Denver 1
Elementary School:
Newlon
Middle School:
Grant
High School:
West
Financial
Tax Year
2024
Taxes
$2,742
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5005 W 1st Avenue
Denver, CO