1134 N Downing, Denver

$865,000

0 Beds
0 Baths
2,720 Sqft
.11 Acres
0 Garages

PRICE REDUCED $50,000 -- This is now a 5.5% CAP Rate in Cheesman Park! 1134 Downing is a beautiful 3-unit apartment building in the heart of Cheesman Park. The property consists of two 2-bedrooms and one 1-bedroom, which are all larger than average for the neighborhood. The units offer modern touches combined with vintage features including exposed brick, decorative fireplaces and wood detail that tenants fall in love with. Recent updates include a new furnace, new exterior paint and solar panels on the roof. 4 off-street parking spaces can be leased to increase income. An investor can cashflow a well kept building in an A+ location, or make updates to the units like granite countertops or exposing the original hardwoods to increase rents considerably and add to the overall value. Property Offering Memorandum and virtual tours of each unit are available by request.

Status: Active

Metrolist Services Inc (Colorado) Logo Aqyre Real Estate Advisors, LLC.

Essential Information
MLS® #8305011
Price$865,000
Bathrooms0.00
Square Footage2,720
Acres0.11
Year Built1897
TypeResidential Income
Sub-TypeTriplex
StatusActive
Community Information
Address1134 N Downing
SubdivisionCheesman Park
CityDenver
CountyDenver
StateCO
Zip Code80218
Interior
HeatingForced Air
CoolingOther
StoriesThree Or More
Exterior
RoofArchitectural, Shingle
ConstructionBrick
School Information
DistrictDenver 1
ElementaryDora Moore
MiddleDora Moore
HighEast
Additional Information
Date ListedJune 5th, 2020
Days on Market34
Metrolist Services Inc (Colorado) Logo

Aqyre Real Estate Advisors, LLC

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Listing information last updated on July 8th, 2020 at 11:45pm MDT.