1725 Race St, Denver, 80206

Income - Income For Sale in City Park West

$1,290,000

5Beds
7Baths
4,104Sqft
.15Acres
3Garages
1906Built
APARTMENT REALTY ADVISORS
MLS® #: 4975848
Active

Proven income generator with ample upside in rents and the opportunity to add-value. Just steps from the famed 17th Avenue Restaurant Row, three blocks to City Park, and four blocks to the brand-new Carla Madison Recreation Center. The property is well appointed with a charming front porch, a private interior courtyard for tenants and xeriscape oriented landscaping. Additional opportunities for supplemental income at the property include on-site laundry, storage lockers, and an oversized garage with 3-individual garage bays. Building also has a large unfinished attic. The property’s prime location boasts a BikeScore® of 98 -“Biker’s Paradise”, a rare accolade, meaning most errands can be accomplished without a car. Surrounding demographics are well prepared to absorb increased rents, within a one-mile radius in 2018 average household income is $80,916, 70% of the population has attained a college degree or higher and the average home value is $482,743. *ESRI, ReColorado

Essential Information

MLS® #: 4975848
Price: $1,290,000
Bedrooms: 5
Bathrooms: 7.00
Square Footage: 4,104
Acres: 0.15
Year Built: 1906
Type: Income
Sub-Type: Income
Style: Multi-Story
Status: Active

Community Information

Address: 1725 Race St
Subdivision: City Park West
City: Denver
County: Denver
State: CO
Zip Code: 80206

Amenities

Parking Spaces: 4
Parking: Garage (Detached), Off-Street
# of Garages: 3

Interior

Heating: Forced Air
Cooling: Air Conditioning-Central

Exterior

Lot Description: 6635.00
Roof: Composition Shingles
Construction: Brick, Frame
Architecture: Victorian

School Information

District: Denver 1
Elementary: Teller
Middle: Morey
High: East

Additional Information

Zoning: G-RO-3

Financials

$/SqFt: $314

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AEGIS PROFESSIONAL REALTY

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Listing information last updated on January 19th, 2019 at 4:19pm CST.