SoldOct 31, 2019

Listed by Renee Helten

Listed and Bought with Robert Tait

Source: REcolorado #3850631

444 Bannock St, Denver, CO, 80204

$1,125,000

5
3
3891 sq. ft.
6900 sq. ft.

Duplex

30+ days on the market

Sold: Oct 31, 2019

What's around 444 Bannock St

About this property

Beautiful 1800's mansion conversion into a legal 4plex. Live-in or invest into Denver's Baker neighborhood for a strong buy and hold. Cap Rate are at current proforma/tenant leases. Current seller will rent as a tenant or owner can occupy. This is a turn key nearly 6.5 cap with little to no deferred maintenance. All tenants have current year leases. Close to all the shops on South Broadway and thus very appealing to tenants with such a strong walk score. Basement unit is currently rented as an AirBnb as it complies with Denver rules. This building has 4 separate units with separate entrances. Upper unit, main unit, basement unit (airbnb) and separate unit across the yard. Seller will try very hard to allow showings in each unit for your buyer. This is an incredible opportunity to cash flow immediately! Highlights Blocks from South Broadway shops, restaurants, and bars. Turn key at proforma fully lease property. Ability to owner occupy. Long Term tenants.

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