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Espi Agency, L.L.C.
1215 E 14th Ave, Denver, CO 80218
- $948,000
Courtesy of Live West Realty . 3039312677
- List Price
- $948,000
- Type
- Multifamily
- Property Sub Type
- Quadruplex
- Status
- ACTIVE
- Days on Market
- 68
- MLS Number
- IR1067614
- Structural Style
- Victorian
- Year Built
- 1901
Property Description
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. 1 main floor unit, 1 basement and 2 upstairs units. 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.
Additional Information
- Lot Size Acres
- 0.07
- Lot Size Sq Ft
- 3,000
- Tax Amount
- $4,996
- Water Source
- Public
- Sewer
- Public Sewer
- Basement Type
- Full
- Heating
- Forced Air
- Cooling
- Room, Ceiling Fan(s)
- School District
- Denver 1
- Elementary School
- Dora Moore
- Middle Or Junior School
- Morey
- High School
- East
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