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5005 W 1st Ave

Denver CO 80219

8
6
7
3823 sq. ft.
0.25 ac.
Other
Currently for sale - view listing

Overview

Complex is being sold at a competitive 7.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. All units are currently rented but with a few leases coming up it makes for an excellent house hack. All units have washer dryers and AC. Tenants love the units and I rarely find myself looking for tenants. Studio recently fixed up, Upstairs 3 bedroom is in excellent shape, 1 bedroom and downstairs 3 bedroom could use some floors when the tenants move out which could be a while. Located near 6th avenue with easy access to Downtown Denver or the Belmar Shopping area. Recently got a new roof that boasts hail resistance shingles keeping insurance manageable.

Features

8 bedrooms
6 bathrooms
7 carspaces
7 garage spaces
3823 sq. ft. floor area
0.25 ac. lot size
Other

Property history for 5005 W 1st Ave

2020
Sold
$535,000
19 Oct 2020 by Brad Uhlig, of West Peak Properties
2020
Sold
$455,000
15 Jul 2020
2018
Sold
$370,000
30 Mar 2018 by Josh Langan, of Denver Realty Group

Happy sellers in Denver

94%
94% of sellers in Denver reported that their sale price either exceeded or met their price expectations.

Denver stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 13 reviews in Denver over the last 12 months.

Local market activity for 8 bedroom other properties in Denver

In the last 12 months, 2 eight-bedroom other properties similar to 5005 W 1st Ave, have been sold.

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