$1,300,000
For Sale

1340 N Race Street

Denver, CO 80206
4030 sqft | 0.14 acres | #8805089
Listing OfficeAnn Lampert Realty
Browse 20 photos
Type:Purchase
Structure:5+ Family
Zone:Commercial

Description

Incredible opportunity to own a classic Denver building blocks from Cheesman Park. Built in 1898 this single family home was converted to a six unit apartment building. Beautiful wood finishes in the halls. Main floor has a large one bedroom on south side with wood burning fireplace (currently not in working order). Second main floor unit is a north-side studio with large kitchen and bath. Second flor has two studios on east and west sides of building. Top floor has a remodeled one bedroom with fire escape off back of home and an updated studio. Bonus 7th unit in basement needs a lot of work and escapable window added but would be a nice addition. This property has great potential for growth, rents kept low to retain good, current tenants. Current figures used for cap rate affected by remodeling of one unit which was vacant most of 2024 and problematic eviction which has been completed.

  • Property Details
      • Utility FeaturesElectricity Connected, Natural Gas Connected, Sewer Connected
      • Lot DescriptionNear Public Transit
      • Sewer InformationCommunity Sewer
      • Structure TypeLow Rise (1-3)
      • Property SubtypeMulti Family
      • Original List Price$1,300,000
      • Property TypePurchase
      • MLS #8805089
      • Cost1300000
      • MLS #8805089
      • Utility SourcePublic
      • CountyDenver
      • Taxes Annual$6,655
      • Acres0.14
      • Square Feet4030
      • Year Built1898

Location

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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Last Updated: . Source: RECOLORADO

Listing Courtesy
Listing Agent: Mark Lampert (#REC945935)
Listing Office: Ann Lampert Realty (#REC00557)

Yellow Dog GroupReal Estate Group
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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than REColorado (MTOMLS) - 6 - COname are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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