Jeff Renevier - Coldwell Banker Distinctive Properties
4390 Decatur Street
Denver, CO 80211

$1,250,000

Description

This is your opportunity to own an investment property in the hot Sunnyside neighborhood. 44th Ave boasts great restaurants (Social Bacon, Sunnys), boutiques & is only minutes from downtown. Bldg sits on the corner of 44th & Decatur. The 2 story multi-unit bldg w/ 5 (750 sqft) one bdrm one bath units & 1 (625 sqft) studio unit has outfitted each unit with their own mechanicals. All units have coved ceilings & hardwood floors w/ large living spaces & bedrooms. Units could use updates to increase cap rate. Solid long term tenants w/ leases, a couple of units are month to month allowing rents to be increased in the future. Covered patio in back, covered carport w/ four spaces, W/D is coin operated in the basement. Land is zoned U-MS-3 which currently allows for TH. Please contact the Zoning dept for more information about the specifics uses allowed for this properties dimensions and location. Please do not bother the tenants. 48 hour notice to view units on weekdays only 9am-5pm.

Details

MLS#6217151
StyleIndustrial
Sub-TypeResale
StatusActive
Year1953
Days On Site54

Features

SQ Feet4,580
Story(s)1
Units6
ZoningU-MS-3

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80211
AreaDenver
Listing VS Median (in 80211)
Price:
$1,250,000
low | high
Med:
$623,900
100% of Average
SqFt:
4,580
low | high
Med:
1,611
100% of Average
$ / SqFt:
$273
low | high
Med:
$387
8.10244568591% of Average
On Site:
54
low | high
Med:
60
90% of Average
Listing Updated: 12/10/2018
MLS Number: 6217151
Listing Provided By:
Maria Irivarren  of  8z Real Estate
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