5005 W 1st Avenue, Denver, CO, 80219
3beds
4baths
3,823sqft
$1,100,000
$288price/sqft
$6,847/moest. monthly cost
$273,880/yrincome needed
About This Home
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.
Getting Around
74
Very Walkable35
Some Transit71
Very BikeableSchools
5/10
4/10
3/10
Construction
Condition
- Year built: 1957
Materials
- Construction materials: Concrete,Frame
Type & Style
- Home type: MultiFamily
- Property subType: Quadruplex
Interior
Appliances
- Laundry features: In Unit
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 3
- Bathrooms: 4
Features
- Finished area below ground: 1,583
- Finished area above ground: 2,160
Heating & Cooling
- Heating features: Forced Air
- Cooling features: Central Air
Interior Area
- Total structure area: 3,823
- Total interior livable area: 3,823 sqft
Property
Details
- Parcel number: 507238005
- Zoning: E-MX-2
- Special condition: Standard
- Exclusions: Tenants Belongings
Features
- Levels: One
- Stories: 1
- Patio & porch: Rooftop
Lot
- Lot size: 0.25 Acres
- Features: Level
Parking
- Total spaces: 7