Engel & VölkersEngel & Völkers
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Two-story Victorian home with gray siding, a front porch, a second-floor balcony, and a wooden picket fence. [AI-generated text]

6-Unit City Park West Multifamily at 6.76% Cap Rate

$775,000~€677,799
  • ~381 m² Total surface
  • Construction year 1906

Description

PROPERTY HIGHLIGHTS 100% leased & professionally managed! Excellent Location in City Park West - 2 miles from downtown Recent Updates Include Newer: Roof, Water Heater, Electrical and Forced Air Furnace (3) Garages and Off-Street Parking Provide Additional Income Two Blocks from City Park & St. Luke’s Presbyterian Hospital Opportunity to Split Large, 3Bd/2Ba Unit into Two Units (2Bd/1Ba + 1Bd/1Ba) Central Air Conditioning Great Neighborhood Demographics with Average Household Income of $104k Within 1 Mile Radius On-Site Coin Operated Washer/Dryer and Storage Lockers PROPERTY DETAILS Units - 6 Year Built - 1906 List Price - $775,000 Price / Unit - $129,167 Building Size - 4,104 SF Lot Size - 0.15 Acres Heating - Forced Air Furnace Parking - 3 Garage + 2 Off-Street Current CAP Rate - 6.76%
Features
Garage
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Engel & Völkers Denver

Your advisor: Crystal Martinez

Property ID: AM-5534561

Property details
  • Property type

    Investment

  • Parking spaces

    3

  • Total surface

    ~381 m²

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