8001 E 16th AVE, Denver, CO 80220
8001 E 16th AVE, Denver, CO 80220
8001 E 16th AVE, Denver, CO 80220
8001 E 16th AVE, Denver, CO 80220
8001 E 16th AVE, Denver, CO 80220
8001 E 16th AVE, Denver, CO 80220
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

+1(720) 513-9631
$ 649,999
Est. payment | /mo

4 Beds

2 Baths

3,340 SqFt


Save
$ 649,999
Est. payment | /mo
Save

4 Beds

2 Baths

3,340 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,340 sqft

Price per Sqft $194

Subdivision East Montrose

MLS Listing ID 9354323

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,670

Year Built 1925

Annual Tax Amount $3,070

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Source recolorado

Property Description

7.32% CAP RATE!!!!!! Investor Special – Duplex with Quadplex Potential! Partially Occupied | Income-Producing Opportunity!
Attention all savvy investors and house hackers! This is your chance to own a cash-flowing duplex in the hot East Colfax neighborhood — with the potential to become a quadplex! Property Highlights:
Two large units — each 835 sq ft on the main floor plus 835 sq ft of basement space
2 bed / 1 bath per unit currently, with unfinished basements ready to be converted into 4 bed / 2 bath units
Fully occupied – income from day one! Recent capital improvements already completed Each unit has its own side yard
4 off-street parking spaces. Value-Add Opportunity: Unfinished basements offer significant upside — build out additional bedrooms and bathrooms to double your rental income potential! Investment Potential: Great for long-term rental, Airbnb, or owner-occupied house hacking. Prime Location: 1.5 miles to Stanley Marketplace, 2.5 miles to City Park, 6 miles to Coors Field, Easy access to DIA and major highways

Location

State CO

County Denver

Zoning E-SU-DX

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Attic Fan

Fireplace N

Laundry In Unit

Exterior

Roof Type Shingle,Composition

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Ashley

Middle Schools Hill

High Schools George Washington

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

REColorado (REColorado MLS)
Listed by Five Four Real Estate, LLC

Nearby Locations

Go tour this home

8001 E 16th AVE

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NEED DOWN PAYMENT ASSISTANCE?

Our team specializes in finding FREE DOWN PAYMENT GRANTS for UP TO 4% of the loan amount, and in most cases with no repayment requirement.

 

Basic requirements: 

        ~ NO First Time Home Buyer requirement!
        ~ 620+ Credit score
        ~ Make less than $195,600