5005 W 1st Avenue

Denver, CO 80219 — Denver county


Price
$1,000,000
Sqft
3823.00 SqFt
Baths
6
Beds
7
Updated
05-01-2023 12:10am
MLS#
6556513
Location
Denver, CO 80219
Price
$1,000,000
Type
Quadplex
Status
Expired
Year Built
1957
Sqft
3823.00
Acres
0.25
Bedrooms
7
Bathrooms
6
Parking Count
1

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

Previous Year Tax
$ 2,392
Tax Year
2021
  • Forced Air
  • Carpet
  • Laminate
Elementary School
Newlon
Middle School
Grant
High School
West

Anne O'Brien

RE/MAX Professionals
6020 Greenwood Plaza Blvd #100
Greenwood Village, CO 80111, USA

Contact Me