Address
1005-1017 W 14th Denver, CO
Price
$ 3,700,000
Property Attributes
  • MLS#4465809
  • TypeCommercial
  • CountyDENVER
  • CityDenver
  • Zip80204
  • Style
  • Year Built1900
  • Taxes15574
  • Price$ 3,700,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage15035
Listing Provided Courtesy Of:
HomeSmart
Data Source:
REColorado
Property Description

Incredible investment opportunity to own an entire townhome complex spanning a half block just across from Auraria campus! Over 10,000 sq ft above grade with an additional 5,000 sq ft of semi-finished basement space in six townhomes with eight units; totaling 20 bedrooms, 8 bathrooms and 8 kitchens. The full height ceiling in the basement allows for additional finished square footage; and easily convert the dining room to an additional bedroom, as has been done in two of the units. Each unit also contains a fireplace and has off street parking. The property currently recognizes a cap rate of over 6%, yet with upgrades or expansion could easily achieve higher returns. Zoned U-RH-2.5, this property is ideal for student housing, groups of individuals, families or investors, commercial rentals. Endless possibilities! Dont miss this rare opportunity to add a prized piece of real estate to your real estate portfolio while interest rates remain low, optimizing your ROI.

Price History
4/6/2021 Listed $3,700,000

General Features

Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use MultiFamily
Garage Spaces 0.0
Garage Y/N No
Property SubType MultiFamily
Property Type CommercialSale
Roof RolledHotMop
Total Units 8

Exterior Features

Building Area Total 15035.0
Covered Spaces 0.0
Lot Size Units Acres
Total Parking 6.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80204

Price
AVG $1.02M
$3.7M
Taxes
AVG $8,028
$15,574
Visits
AVG 67
9
Year Built
AVG 1928
1900

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