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Alex Tooke + Derek Weber

The Alex & Derek Team

hello@alexandderek.com +1(720) 513-9631

$ 1,140,000

Est. payment | -/mo

8 Beds

6 Baths

3,823 SqFt

Save

$ 1,140,000

Est. payment | -/mo

Save

8 Beds

6 Baths

3,823 SqFt

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,823 sqft

Price per Sqft $298

Subdivision Barnum West

MLS Listing ID 4678699

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 2,160

Year Built 1957

Annual Tax Amount $2,742

Tax Year 2024

Lot Size 10,890 Sqft

Acres 0.25

Property Sub-Type Quadruplex

Source recolorado

Property Description

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.

Location

State CO

County Denver

Zoning E-MX-2

Rooms

Basement Finished

Interior

Heating Forced Air

Cooling Central Air

Fireplace Y

Laundry In Unit

Exterior

Roof Type Shingle

Total Parking Spaces 7

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Concrete,Frame

Schools

Elementary Schools Newlon

Middle Schools Grant

High Schools West

School District Denver 1

Others

Senior Community No

Ownership Agent Owner

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA

Listing Terms 1031 Exchange, Cash, Conventional, FHA

Special Listing Condition None

Listed by Nick Donato

Nearby Locations

MORTGAGE CALCULATOR

Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.

NEED DOWN PAYMENT ASSISTANCE?

5005 W 1st AVE Denver, CO 80219

Alex Tooke + Derek Weber

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

Go tour this home

5005 W 1st AVE

MORTGAGE CALCULATOR

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

5005 W 1st AVE Denver, CO 80219

Alex Tooke + Derek Weber

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

Go tour this home

5005 W 1st AVE

MORTGAGE CALCULATOR

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

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