5005 W 1st Avenue
Denver, CO 80219
3823 sqft | 7 beds | 0.25 acres | #9585598
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.
Property Details
- Sewer InformationCity Sewer, Public Sewer
- BasementPartially Finished
- Property SubtypeIncome Property
- SubdivisionLowrey Heights
- Property TypeMulti-Family
- Utility SourceCity Water
- MLS #9585598
- Cost1195000
- MLS #9585598
- Elementary SchoolNewlon
- CountyDenver
- Lot DescriptionLevel
- Middle SchoolGrant
- Acres0.25
- Square Feet3823
- Year Built1957
- FoundationSlab
- High SchoolWest
- Bedrooms7
- Parking Spaces7
Location
Legal
Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © Copyright IRES. Information deemed reliable but not guaranteed by the MLS. The information being provided is for the consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Last Updated: . Source: IRES
Listing Courtesy
Listing Agent: Nick Donato (#55061104), Phone: (720) 320-6164
Listing Office: (#NDRE1)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.