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4709 Race St, Denver, CO 80216

$620,000
: 8
BD
: 3
BA
: 3,932
SqFt

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Sold Price: $620,000
List Price: $600,000
Closing Date: Apr 26, 2024
Type: Multifamily
Property Sub Type: Triplex
Status: CLOSED
MLS Number: 6666072
Structural Style: Bungalow
Bedrooms: 8
Bathrooms: 3
Sqft Total: 3,932
Year Built: 1902

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Property Description

Investor's dream in Denver! This unique property at 4709 Race St presents a fantastic opportunity. With 3 units, including 1 non-conforming unit in the basement, this versatile single-family home offers various investment potentials. The property sits on a large lot, enhancing its future value & opportunities. Take advantage of the rental opportunity with a shared laundry room for all 3 units. This property is ideal for those looking to maximize their investment in a prime Denver location. A wonderful opportunity to experience the redevelopment of the National Western Center in Denver, located blocks away. The objective of the redevelopment is to include more spaces for festivals, farmers’ markets, sporting events, trade shows, conventions, and classes for the community. Don't miss this chance for a lucrative venture! **Top unit rented for $1,200 excluding utilities; Bottom Unit rented for $1,100 Including utilities** 1% Temporary Rate Buydown available when utilizing our preferred lender David Meza at Collective Mortgage. Please contact David at 303-302-3915 to find out if your buyer qualifies. This property is eligible for 8Z's Buyers Choice Incentive program. Buyer may be eligible to receive 1-year temporary interest rate buydown, permanent interest rate buydown or become eligible to receive Cash Buyer or Buy before you sell (Bridge) incentives.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.2
Lot Size Sq Ft: 8,558
Tax Amount: $2,087
Exterior Features: Private Yard
Water Source: Public
Sewer: Public Sewer
Basement Type: Full, Walkout
Heating: Baseboard
Cooling: None
School District: Denver 1
Elementary School: Swansea
Middle Or Junior School: Bruce Randolph
High School: Manual