3014 E 17th Ave Unit 1, Denver, CO 80206

$1,200,000
: 6
BD
: 5
BA
: 5,505
SqFt

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List Price: $1,200,000
Type: Multifamily
Property Sub Type: Quadruplex
Status: ACTIVE
MLS Number: 4641582
Bedrooms: 6
Bathrooms: 5
Sqft Total: 5,505
Year Built: 1925

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Property Description

3014 E 17th Avenue presents a compelling opportunity to acquire a five-unit multifamily property directly across from Denver’s City Park, with seller financing offered at 5.5% interest, interest-only payments, and a 3-year balloon. These attractive financing terms provide investors with the opportunity to reduce near-term debt service and preserve cash flow while acquiring a well-located central Denver asset. The property consists of five residential units and features desirable amenities for an urban setting, including a detached two-car garage, shared backyard garden, and onsite laundry room. Its location directly across from City Park gives residents immediate access to expansive green space, walking and biking paths, lakes, City Park Golf Course, the Denver Zoo Conservation Alliance, and the Denver Museum of Nature & Science. Nearby East 17th Avenue and Colfax Avenue offer an established mix of restaurants, cafés, shopping, and entertainment, with convenient access to major healthcare and employment centers throughout central Denver. With 5.5% interest-only seller financing, a 3-year balloon, five existing units, garage parking, and an exceptional location directly across from City Park, 3014 E 17th Avenue offers investors a distinctive combination of favorable acquisition terms and long-term location appeal.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.14
Lot Size Sq Ft: 6,240
Tax Amount: $7,259
Exterior Features: Balcony, Private Yard
Water Source: Public
Sewer: Public Sewer
Basement Type: Finished, Full
Heating: Hot Water
Cooling: Room
School District: Denver 1
Elementary School: Teller
Middle Or Junior School: Morey
High School: East
Unit Number: 1