Denver, CO 80219,5005 W 1st AVE
Denver, CO 80219,5005 W 1st AVE
Denver, CO 80219,5005 W 1st AVE
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$1,195,000
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7 BD
6 BA
3,743 SqFt
Active

5005 W 1st AVE Denver, CO 80219

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UPDATED:

11/26/2024 04:48 PM

Key Details

Property Type Multi-Family

Sub Type Quadplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,743 sqft

Price per Sqft $319

Subdivision Lowrey Heights

MLS Listing ID 9585598

Bedrooms 7

HOA Y/N No

Abv Grd Liv Area 2,160

Originating Board recolorado

Year Built 1957

Annual Tax Amount $2,728

Tax Year 2023

Lot Size 10,890 Sqft

Acres 0.25

Property Description

Complex is being sold at a competitive 6.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio is furnished and rented on Air BNB as a month + unit (it makes more than $1,200 rented this way). Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. 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

Flooring Carpet, Laminate, Tile

Fireplace N

Laundry In Unit

Exterior

Parking Features Concrete

Fence Full

Roof Type Other

Total Parking Spaces 7

Garage No

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,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


REColorado (REColorado MLS)
Listed by Nick Donato • donatopropertymgmt@gmail.com,720-320-6164

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Jerid Wempen

Broker

+1(720) 297-4020

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5005 W 1st AVE