$975,000
$965,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
1073 Downing ST Denver, CO 80218
3 Beds
5 Baths
2,981 SqFt
Key Details
Sold Price $975,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,981 sqft
Price per Sqft $327
Subdivision Capitol Hill - Inslees
MLS Listing ID 9807169
Sold Date 02/28/22
Style Victorian
Bedrooms 3
HOA Y/N No
Abv Grd Liv Area 2,981
Originating Board recolorado
Year Built 1890
Annual Tax Amount $5,200
Tax Year 2020
Acres 0.13
Property Description
5 unit apartment building income property, just 3.5 blocks west of Cheesman Park, in the heart of Capitol Hill, 2 blocks north of King Soopers and 2 blocks east of the Park Tavern. Originally built in 1890 as the single family home of Frederick Ebert and converted to a 5 unit apartment building in the mid 1900's. All 5 units are above grade. Walkscore: 90 - Super easy to rent these charming units in a super location, on RTD bus route. New roof in 2021 and updated apartment interiors. Exterior needs updating, offering the buyer an opportunity to add value over time. 5 concrete pad parking spaces off alley. Low turnover, completely full building. DO NOT APPROACH TENANTS. No interior showings without accepted contract, due to COVID protocol and all units being tenant occupied. Gas forced air furnace and 50 gallon gas hot water heater is in basement mechanical room, along with coin operated washer and dryer for the tenant's use and misc. storage.
Location
State CO
County Denver
Zoning G-MU-3
Rooms
Basement Partial, Unfinished
Interior
Heating Forced Air, Natural Gas
Cooling None
Fireplace N
Laundry In Basement
Exterior
Utilities Available Cable Available, Natural Gas Connected, Phone Available
Roof Type Composition
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories Three Or More
Structure Type Brick, Frame
Schools
Elementary Schools Dora Moore
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Corporation/Trust
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 NorthPeak Commercial Advisors, LLC