Denver, CO 80210
- Denver County
- 4 Beds
- 3 Baths
- Property Type: Residential Income
- Status: Active
- MLS® ID: 4802564
- Year Built: 1915
- County: Denver
- Neighborhood: Broadway Arkansas
- Bedrooms: 4
- Bathrooms: 3
- Appliances: Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
- Cooling: Room Air Conditioner
- Heating: Forced Air
- Water: City Water
- Roof: Other
- Sewer: City Sewer, Public Sewer
Attractive income property located in desirable Platt Park on S. Broadway close to exciting shops and dining. 3-unit condo with one updated studio, an updated 2 bedroom, and another 1 bedroom unit. Always rented and rising rents on turnovers. Minimal operating costs and decent infrastructure with low deferred maintenance. This is a nice cruise control investment with plenty of upside opportunity. Unit 1: New lease commences 6.30.22. Updated Studio with new cabinets, granite counters, LVP flooring and a bath. . Unit 2: leased through 2.28.23, Updated 2-bedroom, 1 bath with comparable finishes to the studio. Unit 3: leased through 9.30.22, 1 bedroom, 1 bath with new carpet. All three units deeded as one and cannot be split. Unit 2 and 3 have not escalated rents in past two years and could be increased significantly at renewal. Utilities reimbursed through the rent. Self-managed HOA $127 per month. Due diligence documents and financials uploaded in the documents section for your review.
- Address: 1401 S Broadway # A, Denver CO 80210
- City: Denver
- State: CO
- Zip: 80210
S. Broadway to Arkansas. Turn right on Arkansas and park immediately. Units are upstairs in the building on the southwest corner of Broadway and Arkansas.
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Listing #401579313 Courtesy of Nathan Freeman of CORE Residential. Last Updated: September 1, 2022.
Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. Information is deemed reliable but is not guaranteed.