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House
·
for sale
USD 948,000
USD 328/sq.ft
1215 E 14th Avenue
Glenarm Place Historic District
· 2,885 sq.ft · 4 Bedrooms · 4 Baths · House
Glenarm Place Historic District · 2,885 sq.ft · 4 Bedrooms · 4 Baths · House
Turnkey, high-yield historic 4-plex in a premium Denver rental corridor. Over $100K in recent capital expenditures eliminates deferred maintenance risk: fully excavated/waterproofed foundation, Newer roof, gutters and downspouts, new gas line, new lead-free water lines, and partial new exterior brickwork. Excellent utility structure with 5 newly upgraded electrical panels (1 per unit) and 1 for the shared laundry room to easily pass power costs to tenants. Full 1-year leases already in place for each unit. Highly stable asset with immediate day-one income and zero vacancy friction. Tenants pay utilities. Located in a high-demand, low-vacancy pocket steps from Cheesman Park, Congress Park, and the Bluebird Theater
Turnkey, high-yield historic 4-plex in a premium Denver rental corridor. Over $100K in recent capital expenditures eliminates deferred maintenance risk: fully excavated/waterproofed foundation, Newer roof, gutters and downspouts, new gas line, new lead-free water lines, and partial new exterior brickwork. Excellent utility structure with 5 newly upgraded electrical panels (1 per unit) and 1 for the shared laundry room to easily pass power costs to tenants. Full 1-year leases already in place for each unit. Highly stable asset with immediate day-one income and zero vacancy friction. Tenants pay utilities. Located in a high-demand, low-vacancy pocket steps from Cheesman Park, Congress Park, and the Bluebird Theater
USD 948,000