1483 N Detriot St Unit 1-4, Denver, CO 80206

$1,250,000
6
BD
6
BA
3,257
SqFt
List Price
$1,250,000
Type
Multifamily
Property Sub Type
Quadruplex
Status
COMING SOON
MLS Number
5844731
Structural Style
Denver Square
Bedrooms
6
Bathrooms
6
Sqft Total
3,257
Year Built
1896

Property Description

Rare opportunity to acquire a fully renovated four-unit property in one of Denver’s most desirable central neighborhoods. Following a small fire that occurred prior to the current owner’s purchase, the property underwent a comprehensive, fully permitted renovation. Virtually everything is new, while the character of the original brick walls has been preserved. Improvements include new electrical wiring, panels, outlets, switches and fixtures; new plumbing supply and drain lines; new windows; new roof; new insulation and drywall; new interior and exterior doors; new trim and finish carpentry; new lighting; new kitchens; new bathrooms; new cabinetry; marble countertops; stainless-steel appliances; luxury vinyl plank flooring; fresh interior and exterior finishes; updated life-safety components; separately metered electrical service; and new in-unit washers and dryers in every apartment. Exterior and site improvements include French drains around the building to improve water management, updated grading and drainage, refreshed walkways and entry areas, and additional repairs completed as part of the permitted renovation. The property offers four distinct residences: two spacious 2-bedroom/2-bath units, one 1-bedroom/1-bath loft, and one basement one bed apartment. The unit mix, individual laundry, modern finishes and extensively renewed building systems create strong rental appeal while minimizing near-term capital needs. Three garages, two single-car garages and one two-car garage, provide valuable additional parking and income potential. An exceptional turnkey investment combining historic brick character with the convenience, durability and tenant appeal of a modern renovation. Buyer and buyer’s broker to verify all property information, permits, square footage and improvements.

Additional Information

Lot Size Acres
0.14
Lot Size Sq Ft
6,250
Tax Amount
$5,984
Exterior Features
Balcony, Lighting, Private Yard
Water Source
Public
Sewer
Public Sewer
Basement Type
Finished
Heating
Radiant
Cooling
Room
School District
Denver 1
Elementary School
Teller
Middle Or Junior School
Morey
High School
East
Unit Number
1-4

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Courtesy of Brockman Group LLC . jb@brockman.group,303-668-4930