UPDATED:
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
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
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "
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