1625 N Downing Street, Denver, CO, 80218

  • $1,495,000
1625 N Downing Street , Denver, CO 80218
Active
1625 N Downing Street , Denver, CO 80218
  • $1,495,000

Overview

Property ID: 7642200
  • Quadruplex, ResidentialIncome
  • Property Type
  • 11
  • Bedrooms
  • 4
  • Bathrooms
  • 7190
  • Sq Ft
  • 1901
  • Year Built

Description

Beautiful Frank Edbrooke Designed Historic Denver Square close to Downtown in Swallow Hill Historic district with all the custom original built-ins. This is currently a mixed use configuration with the main floor and 2nd floor virtually untouched with all original built-ins/staircase/leaded glass/moldings/fireplaces/lighting – however it has been updated with central AC and forced air heat, new electric and plumbing upgrades. Huge potential here with 5,713 SF and over 7,100SF lot!

Make this property into a 4 unit property easily or add more units to create a commercial multi-family building- zoned for it. Add over $500K in value with a full multi-family conversion. Currently Priced below market for quick sale at $262/SF.

Purchase this as a primary and remodel into 3 airbnb units and live in one! Make over $300K/year! Convert to 4 unit long term rental property and annual income averages $160K. Original hardwoods on main floor. original wood doors and beautiful brass knobs and detailed hinges. Original fireplaces no longer working but absolutely beautiful designs. Leaded glass windows over look the original wood entry staircase.

Rear staircase offers access to the 2nd floor and attic unit. Attic unit has it’s own AC and heat and is rented for $2350/month ending in June.

Main floor and second floor is rented for $6250/month ending in August. Current office tenants would like to stay.
Basement walk-out unit has high ceilings and is 1,465SF, and is partially finished with bathroom and rough in kitchen- ready to finish and rent for over $2000/month.

This is a great opportunity for the savvy investor! Call listing agent for details! Other uses are possible – B&B/Hotel, Retail, Food service, office- owner/user, live/work, over 5 unit commercial property is allowed as well!

  • Address 1625 N Downing Street
  • City Denver
  • State/county Denver
  • Zip/Postal Code 80218

Details

Updated on May 10, 2023 at 12:26 pm
  • Property ID: 7642200
  • Price: $1,495,000
  • Property Size: 7190 Sq Ft
  • Bedrooms: 11
  • Bathrooms: 4
  • Year Built: 1901
  • Property Type: Quadruplex, ResidentialIncome
  • Property Status: Active

Additional details

  • PropertySubType: Quadruplex
  • Subdivision: Swallow Hill
  • Tax Year: 2022
  • Architectural Style: SquareDesign
  • Cooling: CentralAir
  • Construction Materials: Brick, Stone
  • Utilities: CableAvailable, ElectricityConnected, NaturalGasConnected, PhoneAvailable
  • Roof: Composition
  • Flooring: Wood
  • Exterior Features: Balcony, Garden, Lighting, PrivateYard
  • Fireplace Features: Other
  • Laundry Features: InUnit
  • Lot Features: SprinklersInRear, SprinklersInFront, Level, NearPublicTransit
  • LotSize SquareFeet: 7190
  • LotSizeArea: 0.17
  • LotSizeUnits: Acres
  • Security Features: SecuritySystem, ControlledAccess, CarbonMonoxideDetectors, SmokeDetectors
  • Patio And PorchFeatures: Covered, Deck, FrontPorch, Balcony
  • Middle School: Denver Center for International Studies
  • HighSchool: East
  • HighSchool District: Denver 1
  • ElementarySchool: Wyatt

Features

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