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5005 W 1st Avenue

Denver, CO 80219
  • $1,195,000
  • STATUS: Active
  • ON SITE: 149 Days
  • ID#: 9585598
UPDATED: 24 min ago
$1,195,000
  • 7
    BEDS
  • 0.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,823
    SQFT
  • $313
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1957
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Nick Donato.

Description

Complex is being sold at a competitive 6.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio is furnished and rented on Air BNB as a month + unit (it makes more than $1,200 rented this way). Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. 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.

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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 iHomes Colorado 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.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.ihomescolorado.com/homes/153802794
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5005 W 1st Avenue Denver, CO 80219

  • Price: $1,195,000
  • Status: Active
  • On Site: 149 Days
  • Updated: 24 min ago
  • ID#: 9585598
7
Beds
0
Baths
0
½ Baths
0.25
Acres
3,823
SQFT
$313
$/SQFT
1957
Built
Neighborhood:
Lowrey Heights
County:
Denver
Area:
Denver
Elementary School:
Newlon
Middle School:
Grant
High School:
West
School District:
Denver 1
Property Description
Complex is being sold at a competitive 6.9% cap rate! Unique unit mix with two 3 bedrooms 2 bath, one 1 bedroom and a studio. Studio is furnished and rented on Air BNB as a month + unit (it makes more than $1,200 rented this way). Makes for a great house hack as you could live in the 3 bedroom or studio and pay a small mortgage if any. 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.
Exterior Features

Attached Garage YN No Carport Spaces 0 Construction Materials BrickConcreteFrame Fencing Full Foundation Details Slab Lot Features Level Lot Size Area 0.25 Offstreet Spaces 7 Parking Features Concrete Parking Total 7 Roof Other Rv Spaces 0 Structure Type Quadruplex

Interior Features

Above Grade Finished Area 2160 Basement Finished Basement YN Yes Below Grade Finished Area 1583 Cooling Central Air Flooring CarpetLaminateTile Heating Forced Air Laundry Features In Unit Levels One

Property Features

Actual Annual Net Income 83004.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Association YN No Building Area Source Public Records Comparable Listing YN No Direction Faces South Exclusions Tenants belongings Green Verification Count 0 Gross Income 107976 Listing Terms 1031 ExchangeCashConventionalFHA Living Area Sq Ft 3743 Operating Expense 24972 Operating Expense Includes InsuranceInternetMaintenanceOtherPersonal Property TaxReal Estate TaxUtilities Owner Pays ElectricityGasInsuranceInternetTaxesWater Ownership Agent Owner Property Attached YN No Property Condition Updated/Remodeled Property Sub Type Quadplex Restrictions Covenants YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 2728 Tax Legal Description THE E 70FT OF L 21 TO 24 INC BLK 2 & W 1/2 OF VAC YATES ST ADJ TO L 21 TO 24 INC LOWREY HTS Tax Year 2023 Water Source Public Zoning E-MX-2

REcolorado logo Listing courtesy of Nick Donato:donatopropertymgmt@gmail.com,720-320-6164. MLS #9585598


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 iHomes Colorado 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.

REcolorado logo © 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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iHomes Colorado
8700 W. Turnpike Drive, Suite 303
Westminster CO, 80031
REcolorado logo Offered by Nick Donato.