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3698 N Glencoe St 4 Unit Apartment Building $950,000 ($237,500/Unit) Denver, CO 80207
Investment Highlights
- Easy conversion to individual parcels
- Strong neighborhood income and property value trends
- In unit washer/dryer
Executive Summary
Located in Denver's North Park Hill Neighborhood, 3698 Glencoe St is a fantastic opportunity for owner-occupancy, resale as individual units, or traditional multifamily. All units are 2 bed/1 bath, about 925 sq ft, with spacious kitchens. Each unit has its own front and rear doors, washer/dryer, evaporative cooler, water heater, electrical meter, and gas meter, making an easy subdivision into individual properties. The two center units open up to a fenced yard behind the property and 4 off-street parking spaces. The neighborhood's property value and income trends support continued neighborhood appreciation.
Property Facts
| Price | $950,000 | Lot Size | 0.29 AC |
| Price Per Unit | $237,500 | Building Size | 3,712 SF |
| Sale Type | Investment | Average Occupancy | 75% |
| No. Units | 4 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1956 |
| Property Subtype | Apartment | Parking Ratio | 1.08/1,000 SF |
| Apartment Style | Low-Rise | Opportunity Zone |
Yes
|
| Building Class | C | ||
| Zoning | E-TU-B, Denver | ||
| Price | $950,000 |
| Price Per Unit | $237,500 |
| Sale Type | Investment |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 3,712 SF |
| Average Occupancy | 75% |
| No. Stories | 1 |
| Year Built | 1956 |
| Parking Ratio | 1.08/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | E-TU-B, Denver |
Amenities
Unit Amenities
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Ceiling Fans
- Hardwood Floors
- Oven
- Sprinkler System
- Range
- Yard
- Window Coverings
Site Amenities
- Courtyard
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 4 | - | 925 |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Some public transit
40/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 1301-03-033 | Improvements Assessment | $22,500 |
| Land Assessment | $22,500 | Total Assessment | $67,650 |
Property Taxes
Parcel Number
1301-03-033
Land Assessment
$22,500
Improvements Assessment
$22,500
Total Assessment
$67,650
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3698 N Glencoe St