1280 N Race, Denver, CO 80206

$800,000
5
BD
4
BA
2,867
SqFt

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Sold Price
$800,000
List Price
$850,000
Closing Date
May 06, 2024
Type
Multifamily
Property Sub Type
Quadruplex
Status
CLOSED
MLS Number
3348094
Bedrooms
5
Bathrooms
4
Sqft Total
2,867
Year Built
1894

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.

Additional Information

Lot Size Acres
0.07
Lot Size Sq Ft
3,125
Tax Amount
$5,988
Water Source
Public
Sewer
Public Sewer
Basement Type
Partial
Heating
Forced Air
Cooling
None
School District
Denver 1
Elementary School
Bromwell
Middle Or Junior School
Morey
High School
East

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Capital Property Group LLC . scott@capitalpropgroup.com,303-919-7967

Selling Office: Hazel Sky Homes LLC.