Denver CO Multi Family for Sale

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Type:
Duplex
Sq.Ft.:
1,242
Status:
Active
Beds:
3
Year built:
1896
Baths:
1.00
MLS#:
4600042
Subdivision:
Globeville

ADDITIONAL INFORMATION

RARE OPPORTUNITY TO OWN AN AMAZING RENOVATED HOUSE WITH AN ADU THAT ARE BOTH LICENSED CITY OF DENVER RENTALS. THIS AMAZING OPPORTUNITY SITS OFF OPEN SPACE ON ARGO PARK IN THE DESIRABLE GLOBEVILLE NEIGHBORHOOD. WOULD MAKE AN INCREDIBLE INVESTMENT OR MOVE IN ONE UNIT AND GET EXTRA RENTS FROM THE SEPARATE ADU/MOTHER IN LAW SUITE. THE UPSTAIRS/MAIN HOUSE IS VACANT AND WAS RENTED FOR $2100 A MONTH. THE LOWER/GARDEN LEVEL ADU WITH A SEPARATE ENTRANCE RECEIVES $1250 A MONTH AND IS RENTED THROUGH APRIL 2025. THIS GREAT PROPERTY HAS UNPARALLELED CITY VIEWS ALONG WITH AN INCREDIBLY PRIVATE BACKYARD THAT HAS A HUGE NEWER DECK THAT'S PERFECT FOR ENTERTAINING AND SPENDING TIME OUTDOORS. THERE IS SECOND BACKYARD AREA THAT HAS A OVERSIZED FLAGSTONE PATIO AND OFFERS EVEN MORE OPPORTUNITY TO ENJOY THE PRIVACY AND VIEWS. THIS PROPERTY IS OFF ARGO PARK OPEN SPACE WITH TRAILS AND IS ALSO A FEW BLOCKS TO GLOBEVILLE/ARGO PARK. THERE ARE NO NEIGHBORS IN THE BACKYARD BECAUSE OF THE PARK/OPEN SPACE. THE MAIN KITCHEN HAS NEWER STAINLESS STEELE APPLIANCES WITH QUARTZ COUNERS. THE ADU HAS NEWER BUTCHER BLOCK COUNTERS AND NEW APPLIANCES AS WELL AS A REFINISHED 3/4 BATHROOM. NEW SYSTEMS INCLUDE THE FURNACE, HOT WATER HEATER AND ELECTRIC PANEL. THE HOUSE ALSO HAS A SWAMP COOLER.

Type:
Duplex
Sq.Ft.:
2,706
Status:
Active
Beds:
8
Lot size:
0.14 Acres
Year built:
2000
Baths:
4.00
MLS#:
4998914
Subdivision:
Swansea

ADDITIONAL INFORMATION

Significant Price Drop bringing this to an 8.2% Cap Rate on conservative numbers! Fantastic investment opportunity on this up/down duplex with two 4 bedroom, 2 bathrooms units. **Property Highlights:** - **Size:** 2,706 total square feet - **Upper Unit:** Enjoy vaulted ceilings that enhance the spaciousness and ambiance of the living area. - **Recent Upgrades:** Both units are equipped with new furnaces and a new on-demand water heater, ensuring comfort and efficiency year-round. - **Utilities:** Each unit is separately metered for gas and electricity, offering convenience and control over utility expenses. - **Parking:** Benefit from off-street covered parking accessible from the alley, providing added value for your tenants. - **Prime Location:** This property is conveniently located next to the city library, enhancing the properties' appeal and accessibility to amenities. Both units are currently vacant and ready for immediate occupancy, presenting an excellent opportunity for new owners to start generating income right away. The financials are strong, making this duplex a promising addition to your investment portfolio. This property is for sale along with a second duplex located across the alley at 4665 Gaylord St. Can be purchased together or separately.

Type:
Duplex
Sq.Ft.:
3,134
Status:
Active
Beds:
10
Lot size:
0.14 Acres
Year built:
2000
Baths:
4.00
MLS#:
1548588
Subdivision:
Swansea

ADDITIONAL INFORMATION

Price reduced bringing this to an 8.6% cap rate with the ability to achieve over a 9% cap rate! Discover a fantastic investment opportunity located in the heart of Denver. This property is a side by side duplex with two 5 bedroom, 2 bath units! **Key Features:** - **Updated Interiors:** Both units boast modern white shaker cabinets, enhancing the contemporary appeal of the spaces. - **Off-Street Parking:** Enjoy the convenience of dedicated off-street parking at the rear of the property. - **Strong Financials:** Benefit from a sound investment with strong financial metrics. - **Separate Utilities:** Each unit is separately metered for gas and electric, offering tenants autonomy and simplifying management. - **Spacious Living:** With a total of 3134 square feet, there’s plenty of room for comfortable living. Also available for sale is the duplex located across the alley at 4660 Vine St. Can be purchased together or separately.

Type:
Triplex
Sq.Ft.:
1,897
Status:
Active
Beds:
3
Year built:
1894
Baths:
3.00
MLS#:
3814946
Subdivision:
Elyria-swansea

ADDITIONAL INFORMATION

Fully remodeled 3 unit that is the perfect house hack for a new investor or cash generating addition to the portfolio of an experienced investor. Current rents are under market rents. Fast growing neighborhood, perfect for buy and hold investment as prices are rapidly appreciating. Updated electric, plumbing, HVACs, kitchens, bathrooms, flooring, paint, and appliances. Washer Dryer in each unit. Low maintenance expenses and seamless management.

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Andrea Conner, Colorado License # ER.100067447, Xome Inc., License #EC100044283, [email protected], 844-400-9663, 750 State Highway 121 Bypass, Suite 100, Lewisville, TX 75067

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Denver Real Estate

The median home value in Denver, CO is $421,900. This is lower than the county median home value of $422,200. The national median home value is $219,700. The average price of homes sold in Denver, CO is $421,900. Approximately 46.91% of Denver homes are owned, compared to 46.75% rented, while 6.34% are vacant. Denver real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Denver real estate agent to arrange a tour today!

Denver, Colorado 80216 has a population of 678,467. Denver 80216 is less family-centric than the surrounding county with 30.07% of the households containing married families with children. The county average for households married with children is 32.39%.

The median household income in Denver, Colorado 80216 is $60,098. The median household income for the surrounding county is $60,098 compared to the national median of $57,652. The median age of people living in Denver 80216 is 34.4 years.

Denver Weather

The average high temperature in July is 89.9 degrees, with an average low temperature in January of 18.8 degrees. The average rainfall is approximately 17.4 inches per year, with 56.7 inches of snow per year.

Denver Real Estate Market Conditions

  • Median sales price

    N/A
  • # Active listings

    78
    30-day change

Denver Schools and Demographics

Education near Denver, CO

Metric City County
High School Graduates 86.68 86.68
College Degree - 2 year 5.34 5.34
College Degree - 4 year 46.49 46.49
Graduate Degree 12.26 12.26
Expenditures per Student 12,637 12,260
Students per Teacher 16.1 16.8

Elementary Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Cole Arts and Science Academy PK - 05 536 14.8 80205
Federal Heights Elementary School KG - 05 608 18.1 80221
Garden Place Elementary School PK - 05 412 16.3 80216
Josephine Hodgkins Elementary School PK - 05 645 18.4 80221
North Star Elementary School KG - 05 470 17 80221
Pioneer Charter School PK - 08 469 11.8 80205
Swansea Elementary School PK - 05 593 16.3 80216
Swigert International School PK - 05 658 17.8 80207
Valley View K-8 KG - 08 485 20.2 80221
Wyatt Academy KG - 08 569 13.8 80205

Middle Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Denver Public Montessori Junior/Senior High School 06 - 08 78 13.6 80205
DSST: Cole Middle School 06 - 08 410 6.7 80205
IVER C. Ranum Middle School 06 - 08 762 18.2 80221
M. Scott Carpenter Middle School 06 - 08 585 18.5 80221
McAuliffe International School 06 - 08 722 15.8 80207
Smiley Middle School 07 - 08 206 10.8 80207

High Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Manual High School 09 - 12 284 10.1 80205
Mapleton Expeditionary School of the Arts 07 - 12 583 18.4 80299
Northglenn High School 09 - 12 1,875 20.4 80221
Venture Prep. High School 09 - 12 284 25.2 80207

Ungraded Schools near Denver, CO

School Grades Students P/T Ratio ZIP
Bruce Randolph School 06 - 12 850 12.8 80205
DSST: Cole High School 09 - 09 142 10.9 80205
Gilliam School 05 - 12 22 0.2 80205
Global Leadership Academy PK - 12 592 17.9 80221
P.R.E.P. (Positive Refocus Education Program) 06 - 12 165 8.7 80205
Venture Prep Middle School 08 - 08 36 13.3 80207

Demographics near Denver, CO 80216

Metric Zip Code City
Neighborhood Type Suburban
Population 678,467 678,467
Population Density 4,426 4,426
Median Age 34.4 34.4
People per Household 2.3 2.3
Median Household Income 60,098 60,098
Average Income per Capita 38,991 38,991