Overview

This extremely attractive investment property is full of original Victorian charm and is located one block from Cheesman Park. This well maintained and low maintenance investment features very desirable apartments full of original wood finishes and room to raise lease rates. Easy to lease and low turn over. Tenants pay all utility costs. Additional revenues are generated from three off street parking spaces, a leased one-car detached garage, pet rent, and building owned laundry equipment. The roof and mechanical's are in good condition. There is an existing assumable loan with a balance of $825,569 as of 3/31/18 and a fixed interest rate of 4.16% for another 5.5 years. Buyer pays 1% assumption fee.

Location

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Neighborhood

Cheesman Park (33)

Property Details

  • Days on PL 124
  • Parking 3 Spaces
  • Lot Size 6,250 SF (0 Acres)
  • PSF $316
  • MLS ID 6606905
  • Type Income
  • Style Low Rise (1-3)
  • Architecture Victorian
  • Structure Type Multi-Level
  • Seller Individual
  • Above Grade sqft 4,121 SF
  • Finished sqft 5,148 FSF
  • Total sqft 5,148 TSF
  • Hoa Fees None
  • Year Built 1893
  • Faces
  • Amenities Air Conditioning-Room, Cable Available, Ceiling Fan, Central Hot Water, City View, Exterior Basement Entrance, Fence, Front Porch, Heated Basement, Interior Basement Entrance, Patio, Refrigerator (Kitchen), Smoke Free, Stove/Range/Oven, Tenant Occupied, Tile Floor, Vinyl/Linoleum, Window Coverings, Wood Floors

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School Dora Moore
  • Junior High School Morey
  • High School East
  • Zoned G-MU-3
  • Taxes $4,243
  • County Denver
  • Heat Delivery Steam
  • Heat Fuel Gas
  • Cooling Air Conditioning-Room, Ceiling Fan
  • Water
  • Sewer
  • Fireplaces
  • Basement Type Apartment
  • Basement Finished % 100%
  • Year of Construction 1893

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