Turnkey, High-Yield Historic 4-Plex in a Premium Denver Rental Corridor
- $948,000
- $948,000
Description
Turnkey, high-yield historic 4-plex in a premium Denver rental corridor. Over $100K in recent capital expenditures eliminates deferred maintenance risk: fully excavated/waterproofed foundation, Newer roof, gutters and downspouts, new gas line, new lead-free water lines, and partial new exterior brickwork. Excellent utility structure with 5 newly upgraded electrical panels (1 per unit) and 1 for the shared laundry room to easily pass power costs to tenants. Full 1-year leases already in place for each unit. Highly stable asset with immediate day-one income and zero vacancy friction. Tenants pay utilities. Located in a high-demand, low-vacancy pocket steps from Cheesman Park, Congress Park, and the Bluebird Theater.
Details
Address
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Address: 1215 E 14th AVE.
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City: Denver
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State: Colorado
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Zip/Postal Code: 80218
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Country: United States
Contact Agent
- Sally Anderson
- [email protected]
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