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423 E 2nd AVE Denver, CO 80203
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Key Details
Sold Price $1,175,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,815 sqft
Price per Sqft $647
Subdivision Washington Park West
MLS Listing ID 3109424
Sold Date 05/19/23
Bedrooms 4
HOA Y/N No
Originating Board recolorado
Year Built 1912
Annual Tax Amount $3,366
Tax Year 2021
Lot Size 3,484 Sqft
Acres 0.08
Property Description
423 E 2nd Ave is a turnkey 4-unit in Denver’s coveted West Wash Park neighborhood. Located just blocks from popular nightlife and the Cherry Creek bike path, the property has large apartments with a unit mix of two 2-bedrooms, one 1-bedroom, and one studio that all feature new renovations to kitchens, bathrooms, flooring and fixtures. Central AC, in-unit washer/dryer, a two-car garage plus two surface parking spaces make this a must-see.
Tenants will be attracted to the early 1900’s charm on the outside and fall in love with the modern amenities on the inside. Recent capital improvements include a newer furnace, newer hot water heaters, and newer AC condensers.
This recent building transformation will provide low vacancy and predictable cashflow for a future own¬er looking forward to hitting cruise control for the foreseeable future. Surrounded by multimillion dollar homes, new construction and popular nightlife, 423 E 2nd will continue to benefit from an A+ location in one of Denver’s most popular neighborhoods.
Location
State CO
County Denver
Zoning U-TU-B2
Rooms
Basement Finished, Full
Interior
Heating Forced Air
Cooling Central Air
Fireplace N
Exterior
Exterior Feature Private Yard
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Roof Type Architecural Shingle
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Story Two
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Block, Brick
Schools
Elementary Schools Dora Moore
Middle Schools Grant
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Integrity Real Estate LLC
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