Address
801 E 14th Avenue Denver, CO
Price
$ 1,125,000
Property Attributes
  • MLS#2066974
  • TypeCommercial
  • CountyDENVER
  • CityDenver
  • Zip80218
  • Style
  • Year Built1890
  • Taxes5153
  • Price$ 1,125,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage4810
  • Lot Size3,485 SqFt
Listing Provided Courtesy Of:
Aqyre Real Estate Advisors, LLC
Property Description

Calling all flippers and renovators - this is the perfect value-add deal located in the heart of Capitol Hill for just $251/sqft! Minor updating will increase rents over $100 per unit on average and larger renovations will push rents even higher. There are currently four sleeping rooms that have shared kitchens and bathrooms which could be reconfigured into two, more traditional, units to increase rents even further. Recent updates include new HW heaters, updates to the steam boiler and recent renovations to units 2, 3, 4 and 5. The 1 bedrooms are renting for just $948/month... over $200/month below market average for a 1 bedroom in Capitol Hill. This vintage property is well located just blocks from the State Capitol Building and is the perfect flip opportunity or a long term hold that will perform at well over a 6% CAP Rate.

Price History
10/12/2020 Listed $1,125,000

General Features

Attached Garage No
Carport Spaces 0.0
Carport Y/N No
Current Use MultiFamily
Garage Spaces 0.0
Garage Y/N No
Property SubType MultiFamily
Property Type CommercialSale
Roof Composition
Sewer PublicSewer
Special Listing Conditions None
Total Units 9
Zoning G-MU-5

Exterior Features

Building Area Total 4810.0
Covered Spaces 0.0
Lot Features CornerLot
Lot Size Acres 0.08
Lot Size Square Feet 3640.0
Road Frontage Type PublicRoad
Road Surface Type Paved
Total Parking 0.0
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80218

Price
AVG $1.51M
$1.13M
Taxes
AVG $8,504
$5,153
Visits
AVG 13
3
Year Built
AVG 1906
1890

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