1101 N Emerson St, Denver, 80218

REDUCED 4% Income - Income For Sale in Capitol Hill

$1,325,000

8Beds
5Baths
4,400Sqft
.11Acres
1894Built
MARCUS & MILLICHAP INC
MLS® #: 3497830
Active

This is a perfect owner occupied, Airbnb, and investment property in the heart of Cheesman Park! WITH UPDATED NUMBERS THIS PROEPRTY IS CURRENTLY A 6.72% CAP RATE. This property has a total of 4 units: three large 1/1 bath units and one two-story 5/2 bath unit that is over 2,000 SF. The units include exposed brick walls, plentiful natural light, tall ceilings, original hardwood floors, original wood work, patios, decks, and incredible historical charm. The property has a newer roof, newer furnace, copper plumbing, and mostly newer windows. It currently collects $7,600/month in rental income with very minimal expenses. Lastly, the property includes a shared yard and five off-street parking spaces. The location of this property is irreplaceable as it is only a few blocks from Cheesman Park and is surrounded by bars, nightlife, restaurants, and shopping in the Capitol Hill neighborhood. Please do not disturb tenants and contact listing broker for showing.

Essential Information

MLS® #: 3497830
Price: $1,325,000
Bedrooms: 8
Bathrooms: 5.00
Square Footage: 4,400
Acres: 0.11
Year Built: 1894
Type: Income
Sub-Type: Income
Status: Active
Features: Corner Lot

Community Information

Address: 1101 N Emerson St
Subdivision: Capitol Hill
City: Denver
County: Denver
State: CO
Zip Code: 80218

Amenities

Parking Spaces: 5
Parking: Off-Street
View: City View

Interior

Heating: Forced Air
Cooling: Air Conditioning-Central

Exterior

Exterior Features: Front Porch, Garden Area, Patio, Yard
Lot Description: 4791.00
Roof: Composition Shingles
Construction: Brick

School Information

District: Denver 1

Additional Information

Zoning: G-RH-3

Financials

$/SqFt: $301

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Listing information last updated on July 19th, 2019 at 8:04pm CDT.