1280 N Race, Denver, CO 80206
- $800,000
- 5
- BD
- 4
- BA
- 2,867
- SqFt
Courtesy of Capital Property Group LLC . scott@capitalpropgroup.com,303-919-7967
Selling Office: Hazel Sky Homes LLC.- Sold Price
- $800,000
- List Price
- $850,000
- Closing Date
- May 06, 2024
- Type
- Multifamily
- Status
- CLOSED
- MLS Number
- 3348094
- Finished Sqft
- 2,867
- Above Grade Sqft
- 2867
- Total Sqft
- 2867
- Subdivision
- Wymans
- Sub-Area
- Wymans
- Year Built
- 1894
Property Description
Value-Add quadplex one block away from Cheesman Park offered at a 5.87% cap rate. Diverse unit mix consisting of one studio, two 1bds, and one 2bd. Two of these units have been recently renewed at higher lease rates. New owner can increase income by renovating all units and increase rent. Alley parking in the rear of the building.
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Additional Information
- School District
- Denver 1
- Elementary School
- Bromwell
- Middle School
- Morey
- High School
- East
- Basement
- Partial
- Lot Size
- 3,125
- Acres
- 0.07
- Taxes
- $5,988
- Tax Year
- 2024
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