1625 N Downing ST new to site

Denver,CO 80218

$ 1375000

10 Beds

4 Baths

5716 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 5,716 sqft

Price per Sqft $240

Subdivision Swallow Hill

MLS Listing ID 7790790

Style Denver Square

Bedrooms 10

HOA Y/N No

Abv Grd Liv Area 4,260

Year Built 1890

Annual Tax Amount $12,500

Tax Year 2025

Lot Size 7,100 Sqft

Acres 0.16

Property Sub-Type Triplex

Source recolorado

Property Description

Gorgeous turn of the century Denver mansion designed by Frank Edbrooke and offers much prominent history among those who lived here. Beautiful interior woodwork, stained glass windows, porches and balconies and other exterior detail from the time it was built. Original large wood windows that are in great condition. Wood flooring, forced air heat and central AC, separate heat and AC for 3rd floor and basement apartments. Rough-In laundry and 2nd main floor bathroom in utility closet.

100% leased at $10,500/month. 7.8 cap rate. Priced to move! Main floor tenant has a 6 month notice to vacate for any owner/user interest. Multiple uses allowed for this zoning including office, residential, lodging, and more.

$230K renovation project completed in 2024. This is priced under appraised and market value!
Land Use changed to multi-unit residential in 2025 and will be re-assessed for tax purposes. Lowering taxes by over $15K.

Great investment in Downtown Denver. Call Listing Agent to schedule a tour and receive detailed information on the property.

Location

State CO

County Denver

Zoning G-RO-3

Rooms

Basement Exterior Entry,Finished,Full,Walk-Out Access

Interior

Interior Features Ceiling Fan(s)

Heating Forced Air

Cooling Central Air

Flooring Wood

Fireplaces Number 4

Fireplaces Type Other

Fireplace Y

Laundry In Unit

Exterior

Parking Features Asphalt

Fence Partial

Utilities Available Cable Available,Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Connected

View City,Mountain(s)

Roof Type Composition

Total Parking Spaces 9

Garage No

Building

Lot Description Level

Foundation Slab

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick

Schools

Elementary Schools Denver Green

Middle Schools Cesar Chavez Academy-Denver

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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