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1443-1445 Quitman St, Denver, CO 80204

$1,440,000
: 8
BD
: 4
BA
: 4,732
SqFt

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Sold Price: $1,440,000
List Price: $1,474,000
Closing Date: Sep 30, 2024
Type: Multifamily
Property Sub Type: Quadruplex
Status: CLOSED
MLS Number: 2575548
Structural Style: Traditional
Bedrooms: 8
Bathrooms: 4
Sqft Total: 4,732
Year Built: 1925

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Property Description

** BUY DOWN THAT RATE LIKE IT'S 2022 -- SELLER OPEN TO CONCESSIONS! ** Looking for a great investment opportunity or an owner-occupy-plus-income situation? This spacious, updated, charming Craftsman-Era fourplex, is in the West Colfax/Sloan’s Lake Neighborhood. Situated in a prime area with high rental demand, it ensures consistent occupancy and rental income, making it a solid and dependable asset. The property has been meticulously maintained and requires minimal upkeep, making it an ideal turnkey investment. The building consists of four individual units: 2 up and 2 down, each with over 1100 square feet, 2 bedrooms/1 bath providing ample living space for active lifestyles. Each unit has W/D hookups, with 3 W/Ds, along with all other appliances, included in the sale. The unit intended to be owner occupied has a completely remodeled kitchen with quartz counter tops, tall white shaker soft-close cabinets, convection/air fryer range, and stainless appliances. The expansive exterior living area has a flowing fountain/pond, a large paver patio, gas grill, picnic tables, sun shades and swing, an alcove for bike storage, and an 8’ x 16’ storage shed, all included in the sale. Each unit has at least one designated off-street parking, as well. Substantial upside lies in completing the Party Wall Agreement with recent survey, adding two 2-car garages behind property, as well as revealing the original oak wood floors under carpet in the upper levels.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.19
Lot Size Sq Ft: 8,250
Tax Amount: $5,945
Exterior Features: Garden, Private Yard, Rain Gutters, Water Feature
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air
Cooling: Other
School District: Denver 1
Elementary School: Colfax
Middle Or Junior School: Strive Lake
High School: North