1415 Quitman Street, Denver, CO 80204

$1,240,000
8
BD
4
BA
4,348
SqFt
List Price
$1,240,000
Type
Multifamily
Status
ACTIVE
MLS Number
5863685
Total # of Units
4
Total Sqft
4,348
Finished Sqft
4348
Sub-Area
West Colfax
Year Built
1926

Property Description

This is an excellent investment opportunity in the highly desirable Sloan's Lake area. Walking distance to Sloan's Lake park and the St. Anthony's redevelopment, including Alamo Drafthouse and multiple restaurants. Easy commute to downtown via the Perry light rail station, which is a quick 3 block walk. Huge upside potential with multiple neighborhood improvement projects in the works and recently completed. This property is fully rented with reliable long term tenants. There has been no vacancy in the last 7 years. Two 2-car garages offer additional income streams. Turn-key investment opportunity with great returns.

Additional Information

Proj. Ann. Income
81000
Act. Ann. Income
76800
Act. Ann. Expense
12005
Proj. Ann. Expense
12005
School District
Denver 1
Elementary School
Colfax
Middle School
Lake Int'l
High School
North
Garage Spaces
4
Community Parking
Garage (Detached): 4, Off-Street: 2
Parking Type
Garage (Detached), Off-Street
Parking Spaces
6
Community Parking
Garage (Detached): 4, Off-Street: 2
Parking Type
Garage (Detached), Off-Street
Parking Features
Driveway-Concrete
Style
Multi-Level
Basement Size
None
Zoned
U-RH-2.5
Lot Size
7,810
Acres
0.18
Roofing Material
Composition Shingles
Contstruction
Brick
Taxes
$3,634
Tax Year
2018
Financial Terms
Cash, Conventional, Exchange, Jumbo

Courtesy of 360dwellings Real Estate

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