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    E Address Not Published

    CO 80218
    • $900,000
    • STATUS: Active
    • ON SITE: 99 days
    • ID#: 3015580
    UPDATED: 42 min ago
    $900,000
    • 3
      BEDS
    • 0.08
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 3,302
      SQFT
    • $273
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1907
    County:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Northpeak Commercial Advisors, Llc.

    Description

    Amazing live/work or rental opportunity in the heart of Capitol Hill! 1035 E 11th is a beautiful 3-unit apartment building that can continue to be operated as apartments, with the bonus of the zoning (G-MS-3) allowing for a wide range of uses including live/work, art studio, and bed and breakfast (buyer to verify with City of Denver). The units offer vintage features with modern touches making this attractive for a wide range of renters. The building was recently painted and has a newer roof and gutters (2016), and there has been a no pet and no smoking policy in place for 20+ years. The property consists of one studio, one 1-bedroom and one 2-bedroom, with each unit containing its own unique layout. The first floor consists of the large 2-bedroom unit which includes hardwood floors, bay window and a fireplace. The second floor is split into a studio and a 1-bedroom, both of which could be expanded into the large attic space accessed by a future spiral staircase. Rents are well below market - two of the units have had very long term tenancies. An investor can cashflow a well-kept building in an A+ location, or make updates to the units including new appliances, updated fixtures, new countertops and expanding the units to increase rents considerably and add to the overall value.

    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.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.degroodteam.com/homes/118245657
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    E Address Not Published CO 80218

    • Price: $900,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: 3015580
    3
    Beds
    3
    Baths
    0
    ½ Baths
    0.08
    Acres
    3,302
    SQFT
    $273
    $/SQFT
    1907
    Built
    Neighborhood:
    Capitol Hill
    County:
    Denver
    Elementary School:
    Dora Moore
    Middle School:
    Dora Moore
    High School:
    East
    School District:
    Denver 1
    Property Description
    Amazing live/work or rental opportunity in the heart of Capitol Hill! 1035 E 11th is a beautiful 3-unit apartment building that can continue to be operated as apartments, with the bonus of the zoning (G-MS-3) allowing for a wide range of uses including live/work, art studio, and bed and breakfast (buyer to verify with City of Denver). The units offer vintage features with modern touches making this attractive for a wide range of renters. The building was recently painted and has a newer roof and gutters (2016), and there has been a no pet and no smoking policy in place for 20+ years. The property consists of one studio, one 1-bedroom and one 2-bedroom, with each unit containing its own unique layout. The first floor consists of the large 2-bedroom unit which includes hardwood floors, bay window and a fireplace. The second floor is split into a studio and a 1-bedroom, both of which could be expanded into the large attic space accessed by a future spiral staircase. Rents are well below market - two of the units have had very long term tenancies. An investor can cashflow a well-kept building in an A+ location, or make updates to the units including new appliances, updated fixtures, new countertops and expanding the units to increase rents considerably and add to the overall value.
    Exterior Features

    Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features GardenLighting Garage YN No Lot Features Corner Lot Lot Size Area 0.08 Lot Size Square Feet 3550 Parking Features Concrete Parking Total 2 Patio And Porch Features Patio Roof ArchitecturalShingle Structure Type Triplex

    Interior Features

    Appliances DryerWasher Basement Unfinished Basement YN Yes Below Grade Finished Area 0 Cooling None Fireplace YN Yes Fireplaces Total 1 Flooring Wood Heating Forced Air Heating YN Yes Laundry Features Common AreaIn Basement Levels Two Living Area Sq Ft 2360

    Property Features

    Above Grade Finished Area 2360 Association YN No Building Area Source Public Records Construction Materials BrickStucco Electric 110 Volts Exclusions Tenant Personal Property Listing Terms CashConventional1031 Exchange Ownership Individual Possession Closing Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3184 Tax Year 2021 Utilities Cable AvailableElectricity ConnectedNatural Gas Connected Water Source Public Zoning G-Ms-3

    Listing courtesy of Northpeak Commercial Advisors, Llc: MLS #3015580


    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.

    © 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
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    The DeGrood Team | Brokers Guild
    7995 E Hampden Ave, Suite 100
    Denver CO, 80231
    Offered by Northpeak Commercial Advisors, Llc.