BEDS4
BATHS2
SQUARE FEET3,340
MLS#9354323
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEast Montrose
SCHOOLDenver 1
Listing Courtesy of:
Five Four Real Estate, LLC
Agency Contact: brynn@cohomeorinvest.com,802-522-8944
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 space2 bed / 1 bath per unit currently, with unfinished basements ready to be converted into 4 bed / 2 bath unitsFully occupied ? income from day one! Recent capital improvements already completed Each unit has its own side yard4 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
Property Features
Property Type: Multi Unit - Multiple
Basement: Unfinished
Cooling: Attic Fan
Heating: Forced Air
Lot Size: 0.14 Acres
Roof Type: Shingle, Composition
Stories: 1.0
Taxes: $3,070
Year Built: 1925
Feature Descriptions
Baths Total: 2
Days on Site: 106
Exclusions: Tenants Personal Property
Exterior: Brick
Laundry: In Unit
Lot: Level
Parcel#: 1333-14-012
Sewer: Public Sewer
Water: Public
Local Schools
High School: George Washington
Middle School: Hill
Elementary School: Ashley
School District: Denver 1
Listed By / Shown By
Listed By
Agency Name: Five Four Real Estate, LLC
Agency Contact: brynn@cohomeorinvest.com,802-522-8944
Shown By
Agent Name: Colorado Springs Military Homes
Agent Phone: (719) 332-0433
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 3,647.15 per month $3,201.73 Principal & Interest $255.83 Property Tax $189.58 Homeowner's InsuranceChange Payment Information
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8001 E 16th Avenue | MLS# 9354323
This multi-family property located at 8001 E 16th Avenue, Denver, CO 80220 is currently listed for sale with an asking price of $649,999. E 16th Avenue is located within the Denver 1 school district. Search Denver real estate on www.cosmilitaryhomes.com today.