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May

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May

Mon

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Jeff Lewis

Coldwell Banker Realty

jeff@corepropertygroupre.com +1(970) 443-2224

$ 1,750,000

Est. payment | -/mo

10 Beds

5 Baths

4,140 SqFt

Save Virtual Tour

$ 1,750,000

Est. payment | -/mo

Save Virtual Tour

10 Beds

5 Baths

4,140 SqFt

OPEN HOUSE

Sat May 24, 1:00pm - 4:00pm

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 4,140 sqft

Subdivision Shackelton Place

MLS Listing ID 8331390

Style Ranch

Bedrooms 10

HOA Y/N false

Abv Grd Liv Area 4,140

Year Built 1952

Annual Tax Amount $11,593

Lot Size 0.290 Acres

Acres 0.29

Property Sub-Type Income Property

Source REcolorado

Property Description

Meticulously maintained high-upside cash-flowing investment opportunity! This value-add fourplex is a truly irreplaceable property in the heart of Washington Park, one of Denver's most coveted neighborhoods. Property features an ideal unit mix: three 2-bedroom/1-bath units and one expansive 4-bedroom/2-bath unit. All of the units are currently on month-to-month leases. Each unit is thoughtfully appointed with hardwood floors, updated bathrooms, both front and rear entrances, and designated yard space. Additional highlights include seven off-street parking spaces (four of which are covered) enhancing tenant convenience and property value. This versatile property appeals to a variety of investment strategies: LONG-TERM HOLED: A compelling buy-and-hold opportunity in one of Denver's premier areas, with added upside if the basement beneath the rear 2-bedroom unit can be converted to livable space. OWNER-OCCUPANT: Perfect for buyers seeking to live in one unit while generating income from the others. DEVELOPMENT-POTENTIAL: Situated on a generous 12,700 sq ft lot, the site offers excellent possibilities for redevelopment. Whether you're an investor, developer, or owner-occupant, this unique property offers flexibility, income potential, and an unmatched location. The neighborhood's proximity to downtown Denver, recreational spaces, and cultural attractions make it attractive to a diverse tenant base, including professionals, families, and students. Washington Park is among Denver's most sought-after neighborhoods. It offers a blend of historic charm and modern amenities, featuring tree-lined streets, Craftsman-style homes, and access to the expansive 165-acre Washington Park and is known for its vibrant community!

Location

State CO

County Denver

Area Metro Denver

Zoning U-SU-B

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Attic Fan

Exterior

Garage Spaces 7.0

Roof Type Fiberglass

Handicap Access Level Lot

Porch Patio

Building

Lot Description Level

Faces West

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Brick/Brick Veneer,Concrete

New Construction false

Schools

Elementary Schools Steele

Middle Schools Merrill

High Schools South

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Virtual Tour https://player.vimeo.com/video/1083967422?badge=0&autopause=0&player_id=0&app_id=58479/embed

Information and Real Estate Services (IRES)

Listed by David Cohen • Alpha Real Estate Associates LLC • davidraycohen@gmail.com,303-526-8720

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(970) 443-2224

jeff@corepropertygroupre.com

3665 John F Kennedy Pkwy Suite 210, Fort Collins, CO, 80525, USA

236 S Clarkson St Denver, CO 80209