About 944 Downing St
DISCLAIMER: 940 & 944 Downing must be purchased together. 940-944 Downing presents the rare opportunity for an investor to own two classic converted mansions on two assembling parcels in one of Central Denver's premier locations. Just across the street from King Soopers and around the corner from a variety of popular neighborhood bars, taverns, and coffee shops, the properties boast a location that will continue to attract tenants seeking both convenience and vibrancy. 940 Downing is a fully renovated triplex that's comprised of two 1-bedroom and one 2-bedroom unit. Each apartment features top-of-the-line finishes including oak flooring throughout, custom kitchens that boast high-end cabinets and new concrete countertops. 944 Downing is a 4-unit building that features a strong unit mix of two 1-bedroom and two 2-bedroom units. Each apartment features spacious layouts, original hardwood floors and other vintage features that tenants love. A site development plan has been approved by the city for a 3-unit carriage house behind both properties. A new owner will have the option to immediately cash flow from two well-maintained buildings or significantly increase returns by updating the existing residences and adding three additional units.
Features of 944 Downing St
MLS® # | 9394001 |
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Price | $995,000 |
Bedrooms | 3 |
Bathrooms | 0.00 |
Square Footage | 3,289 |
Acres | 0.11 |
Year Built | 1904 |
Type | Residential Income |
Sub-Type | Income Property |
Status | Active |
Community Information
Address | 944 Downing St |
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Area | Denver |
Subdivision | Cheesman Park |
City | Denver |
County | Denver |
State | CO |
Zip Code | 80218 |
Amenities
Utilities | Electricity Available |
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# of Garages | 4 |
Garages | Off Street |
View | City |
Is Waterfront | No |
Has Pool | No |
Interior
Fireplace | No |
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# of Stories | 2 |
Stories | Two |
Exterior
Roof | Fiberglass |
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Construction | Brick/Brick Veneer |
School Information
District | Denver 1 |
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Elementary | Dora Moore |
Middle | Dora Moore |
High | East |
Additional Information
Days on Market | 4 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Agent | Conner Piretti |
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Office | NorthPeak Commercial Advisors, LLC |
Contact Info | conner@northpeakcre.com |