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1280 N Race Denver, CO 80206
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Key Details
Sold Price $800,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,867 sqft
Subdivision Wymans
MLS Listing ID 3348094
Sold Date 05/06/24
Bedrooms 5
HOA Y/N false
Abv Grd Liv Area 2,867
Originating Board REcolorado
Year Built 1894
Annual Tax Amount $5,988
Lot Size 3,049 Sqft
Acres 0.07
Property Description
Value-Add quadplex one block away from Cheesman Park offered at a 5.87% cap rate.
Diverse unit mix consisting of one studio, two 1bds, and one 2bd. Two of these units have been recently renewed at higher lease rates.
New owner can increase income by renovating all units and increase rent.
Alley parking in the rear of the building.
Location
State CO
County Denver
Area Metro Denver
Zoning G-MU-3
Rooms
Basement Partial
Interior
Heating Forced Air
Exterior
Garage Spaces 3.0
Waterfront false
Roof Type Composition
Building
Story 2
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories Two
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Bromwell
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
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Bought with Hazel Sky Homes LLC
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