About 1280 N Race
Value-Add quadplex one block away from Cheesman Park offered at a 5.87% cap rate. Diverse unit mix consisting of one studio, two 1bds, and one 2bd. Two of these units have been recently renewed at higher lease rates. New owner can increase income by renovating all units and increase rent. Alley parking in the rear of the building.
Features of 1280 N Race
MLS® # | 3348094 |
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Price | $850,000 |
Bedrooms | 5 |
Bathrooms | 4.00 |
Square Footage | 2,867 |
Acres | 0.07 |
Year Built | 1894 |
Type | Residential Income |
Sub-Type | Income Property |
Status | Pending |
Community Information
Address | 1280 N Race |
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Area | Denver |
Subdivision | Wymans |
City | Denver |
County | Denver |
State | CO |
Zip Code | 80206 |
Amenities
# of Garages | 3 |
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Garages | Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air |
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Fireplace | No |
# of Stories | 2 |
Stories | Two |
Exterior
Roof | Composition |
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Construction | Brick/Brick Veneer |
School Information
District | Denver 1 |
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Elementary | Bromwell |
Middle | Morey |
High | East |
Additional Information
Days on Market | 14 |
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Zoning | G-MU-3 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Scott Whitfield |
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Office | Capital Property Group LLC |
Contact Info | scott@capitalpropgroup.com,303-919-7967 |