1453 Race Street

    Denver, CO 80206
    • $1,618,700
    • STATUS: Sold
    • ON SITE: 92 days
    • ID#: 4798223
    Sold - 08/19/2019
    $1,618,700
    SOLD - 08/19/2019
    • 12
      BEDS
    • 0.17
      ACRES
    • 7
      BATHS
    • 0
      1/2 BATHS
    • 7,748
      SQFT
    • $209
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Pinnacle Real Estate Advisors.

    Description

    Property boasts a regal 2,700 square foot 4-bedroom | 3 bathroom dwelling accompanied by four additional 2-bedroom apartments Unique layout allows for ample redevelopment opportunity including single-family home or condo-conversion New boiler, new roof, updated electrical and plumbing, clean units, and a plethora of renovations throughout Features washer & dryer systems in every unit and rare off-street parking Below-market rents allow for ample income growth with minimal CAPEX Ideally located only blocks from Cheesman Park, several of Denvers most iconic music venues, a plethora of restaurants and bars, and only a few minutes from Downtown Denver

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    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 The DeGrood Team | Brokers Guild 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.degroodteam.com/homes/95045952

    1453 Race Street Denver, CO 80206

    • Price: $1,650,000
    • Status: Sold
    • Updated: 54 min ago
    • ID#: 4798223
    12
    Beds
    7
    Baths
    0
    ½ Baths
    0.17
    Acres
    7,748
    SQFT
    $209
    $/SQFT
    1904
    Built
    Neighborhood:
    Cheesman Park
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Dora Moore
    Middle School:
    Morey
    High School:
    East
    School District:
    Denver 1
    Property Description
    Property boasts a regal 2,700 square foot 4-bedroom | 3 bathroom dwelling accompanied by four additional 2-bedroom apartments Unique layout allows for ample redevelopment opportunity including single-family home or condo-conversion New boiler, new roof, updated electrical and plumbing, clean units, and a plethora of renovations throughout Features washer & dryer systems in every unit and rare off-street parking Below-market rents allow for ample income growth with minimal CAPEX Ideally located only blocks from Cheesman Park, several of Denvers most iconic music venues, a plethora of restaurants and bars, and only a few minutes from Downtown Denver
    Exterior Features

    Construction Materials BrickWood Siding Construction Methods Brick Parking Off-Street (4 Spaces) Parking Total Searchable 4 Roof Architectural Shingles

    Interior Features

    Basement Size Full Cooling Ceiling Fan Heating Hot Water Heating Fuel Gas Sq Ft Above 6302 Sq Ft Basement 1446 Sq Ft Finished 7748

    Property Features

    Annual Expense Actual 36287 Annual Expense Proj 30123 Annual Income Actual 104134 Annual Income Proj 126522 Annual Net Income Actual 67847 Annual Net Income Proj 96399 Contingent Approval Conditions None Known Has Hoa YN No Listing Financing CashConventionalExchange Seller Type Individual Status Conditions None Known Tax Amount 6254.00 Tax Year 2018 Transaction Type For Sale Unit Count 2 Zoning G-Mu-3

    Listing courtesy of Pinnacle Real Estate Advisors: MLS #4798223


    Licensed in the State of Colorado, USA

    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 The DeGrood Team | Brokers Guild 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.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2019 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The DeGrood Team | Brokers Guild
    7995 E Hampden Ave, Suite 100
    Denver CO, 80231
    Offered by Pinnacle Real Estate Advisors.