Denver, CO 80218,1073 Downing ST
Denver, CO 80218,1073 Downing ST
Denver, CO 80218,1073 Downing ST
Denver, CO 80218,1073 Downing ST
Denver, CO 80218,1073 Downing ST
Denver, CO 80218,1073 Downing ST
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$975,000

$965,000

1.0%
Est.Price: ?

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Est. payment /mo

3 Beds

5 Baths

2,981 SqFt


SOLD DATE : 02/28/2022

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,981 sqft

Price per Sqft $327

Subdivision Capitol Hill - Inslees

MLS Listing ID 9807169

Sold Date 02/28/22

Style Victorian

Bedrooms 3

HOA Y/N No

Abv Grd Liv Area 2,981

Originating Board recolorado

Year Built 1890

Annual Tax Amount $5,200

Tax Year 2020

Acres 0.13

Property Description

5 unit apartment building income property, just 3.5 blocks west of Cheesman Park, in the heart of Capitol Hill, 2 blocks north of King Soopers and 2 blocks east of the Park Tavern. Originally built in 1890 as the single family home of Frederick Ebert and converted to a 5 unit apartment building in the mid 1900's. All 5 units are above grade. Walkscore: 90 - Super easy to rent these charming units in a super location, on RTD bus route. New roof in 2021 and updated apartment interiors. Exterior needs updating, offering the buyer an opportunity to add value over time. 5 concrete pad parking spaces off alley. Low turnover, completely full building. DO NOT APPROACH TENANTS. No interior showings without accepted contract, due to COVID protocol and all units being tenant occupied. Gas forced air furnace and 50 gallon gas hot water heater is in basement mechanical room, along with coin operated washer and dryer for the tenant's use and misc. storage.

Location

State CO

County Denver

Zoning G-MU-3

Rooms

Basement Partial, Unfinished

Interior

Heating Forced Air, Natural Gas

Cooling None

Fireplace N

Laundry In Basement

Exterior

Utilities Available Cable Available, Natural Gas Connected, Phone Available

Roof Type Composition

Total Parking Spaces 5

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories Three Or More

Structure Type Brick, Frame

Schools

Elementary Schools Dora Moore

Middle Schools Morey

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Brokers Guild Real Estate
Bought with NorthPeak Commercial Advisors, LLC
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