5005 W 1st Avenue, Denver, CO, 80219

  • $1,000,000
5005 W 1st Avenue , Denver, CO 80219
Active
5005 W 1st Avenue , Denver, CO 80219
  • $1,000,000

Overview

Property ID: 6556513
  • Quadruplex, ResidentialIncome
  • Property Type
  • 7
  • Bedrooms
  • 6
  • Bathrooms
  • 10890
  • Sq Ft
  • 1957
  • Year Built

Description

Cash flowing asset that brings in a great cap rate! Complex has seen extensive remodeling and has not had issues being rented. Unique unit mix with two 3 bedrooms one 1 bedroom and a studio. Basement 3 bedroom is rented long term to a guest that is receiving public assistance which means her rent comes in every month and can be raised every year. Three bed upstairs is currently rented to traveling nurses leaving the possibility of the buyer house hacking. One bedroom is rented to a traveling nurse for 3+ more months. Studio is rented furnished for the next month. Makes for a great house hack as you could live in the studio or one bedroom and live for free or live with more style in the 3 bedroom and pay a small mortgage if any. Located near 6th avenue with easy access to Downtown Denver or the Belmar Shopping area

  • Address 5005 W 1st Avenue
  • City Denver
  • State/county Denver
  • Zip/Postal Code 80219

Details

Updated on March 26, 2023 at 8:23 am
  • Property ID: 6556513
  • Price: $1,000,000
  • Property Size: 10890 Sq Ft
  • Bedrooms: 7
  • Bathrooms: 6
  • Year Built: 1957
  • Property Type: Quadruplex, ResidentialIncome
  • Property Status: Active

Additional details

  • PropertySubType: Quadruplex
  • Subdivision: Lowrey Heights
  • Tax Year: 2021
  • Cooling: CentralAir
  • Construction Materials: Brick, Frame, Concrete
  • Roof: Other
  • Flooring: Carpet, Laminate
  • Parking Features: Concrete
  • Laundry Features: InUnit
  • Lot Features: Level
  • LotSize SquareFeet: 10890
  • LotSizeArea: 0.25
  • LotSizeUnits: Acres
  • Middle School: Grant
  • HighSchool: West
  • HighSchool District: Denver 1
  • ElementarySchool: Newlon

Features

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