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INVESTMENT HIGHLIGHTS
- Prime central location just blocks from 9th & Colorado with easy access to Cherry Creek, Downtown Denver, and City Park
- $350K Assumable loan (1% Interest Rate) available with the City & County of Denver (Second Position)
- Flexible investment structure with individually deeded condo units, allowing for long-term rental income or unit-by-unit resale potential
- Diverse unit mix including three two-story brownstone-style residences and three single-level one-bedroom units, appealing to a variety of tenants
- Contact Listing Broker for info regarding the Denver Housing Authority Program
EXECUTIVE SUMMARY
Discover a rare investment opportunity in one of Denver’s most desirable neighborhoods. This 6-unit multifamily property sits just blocks from the vibrant 9th & Colorado development and offers unmatched access to Cherry Creek, Downtown Denver, City Park, the Denver Zoo, and the Museum of Nature & Science. Its central location, corner lot setting, and mature trees create an attractive combination of convenience and character. The property consists of six well-maintained units with a mix of layouts appealing to a variety of tenants:
- Three two-story brownstone-style residences featuring classic architecture and thoughtful floorplans. Each offers spacious main-level living areas with full kitchens—including dishwashers and microwaves—and convenient half baths. Upstairs, tenants enjoy two bedrooms, a full bath, and additional storage space. Many units retain their original hardwood flooring, built-in cabinetry, and vintage fixtures, while some offer modern updates such as A/C and ceiling fans. Each unit also includes a small private rear patio for outdoor enjoyment.
- Three single-level one-bedroom, one-bath units located on the first floor provide efficient, comfortable living spaces. These units feature radiant heat and a simple, functional layout that attracts steady demand. Supporting amenities add further appeal, including a three-car garage, three additional outdoor storage units, and a common laundry facility located conveniently behind the garage. The corner lot setting allows for more natural light and curb appeal, while the mature trees and landscaped setting enhance the property’s historic charm. With individually deeded condo units, investors have flexible options to hold the property as a rental portfolio or sell units individually over time. The combination of original details, modern conveniences, and an unbeatable central location offers stable cash flow potential and long-term appreciation in one of Denver’s strongest rental markets.
- Three two-story brownstone-style residences featuring classic architecture and thoughtful floorplans. Each offers spacious main-level living areas with full kitchens—including dishwashers and microwaves—and convenient half baths. Upstairs, tenants enjoy two bedrooms, a full bath, and additional storage space. Many units retain their original hardwood flooring, built-in cabinetry, and vintage fixtures, while some offer modern updates such as A/C and ceiling fans. Each unit also includes a small private rear patio for outdoor enjoyment.
- Three single-level one-bedroom, one-bath units located on the first floor provide efficient, comfortable living spaces. These units feature radiant heat and a simple, functional layout that attracts steady demand. Supporting amenities add further appeal, including a three-car garage, three additional outdoor storage units, and a common laundry facility located conveniently behind the garage. The corner lot setting allows for more natural light and curb appeal, while the mature trees and landscaped setting enhance the property’s historic charm. With individually deeded condo units, investors have flexible options to hold the property as a rental portfolio or sell units individually over time. The combination of original details, modern conveniences, and an unbeatable central location offers stable cash flow potential and long-term appreciation in one of Denver’s strongest rental markets.
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,750,000 | Apartment Style | Low-Rise |
| Price Per Unit | $291,667 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.12 AC |
| Cap Rate | 6.01% | Building Size | 4,016 SF |
| No. Units | 6 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1949 |
| Property Subtype | Apartment | Parking Ratio | 1.49/1,000 SF |
| Zoning | G-MU-5 | ||
| Price | $1,750,000 |
| Price Per Unit | $291,667 |
| Sale Type | Investment |
| Cap Rate | 6.01% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.12 AC |
| Building Size | 4,016 SF |
| No. Stories | 3 |
| Year Built | 1949 |
| Parking Ratio | 1.49/1,000 SF |
| Zoning | G-MU-5 |
AMENITIES
UNIT AMENITIES
- Dishwasher
- Storage Space
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Hardwood Floors
- Refrigerator
- Oven
- Range
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | - | 457 |
| 2+1.5 | 3 | - | 882 |
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Bike Score®
Very Bikeable (82)
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