Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market.
Four separately accessed units (8 beds / 4 baths / 4 kitchens) each with washer/dryer hookups and dedicated living spaces create flexible tenant configurations and reliable cash flow.
Property was renovated three years ago it has been well-maintained and is in good condition, reducing near-term maintenance risk and supporting future rent growth.
Two oversized 1-car garages offer immediate income streams, while the large 13,300 sq ft lot presents a longer-term redevelopment play to scrape and build higher-end duplex product with mountain views, subject to buyer verification of zoning and entitlements.
Features
8 bedrooms
4 bathrooms
directions_car8 carspaces
directions_car2 garage spaces
3400 sq. ft. floor area
crop_free0.31 ac. lot size
cottageDuplex
Property history for 5355 Quitman Street
2023
Sold
$957,500
07 Mar 2023 by Steven Pilkington, of Real Broker LLC
2021
Sold
$540,000
29 Apr 2021 by David Walsh, of Century 21 Bear Facts Realty
Happy sellers in Berkley
90%
sentiment_very_satisfied
90% of sellers in Berkley reported that their sale price either exceeded or met their price expectations.
Berkley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 6 reviews in Berkley over the last 12 months.
Local market activity for 8 bedroom duplexes in Berkley
Sold
For Sale
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