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2350 N Humboldt St

Denver, CO 80205
  • $975,000
  • STATUS: Active Under Contract
  • ON SITE: 20 days
  • MLS #: 942033
Under Contract
$975,000
  • 3
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,225
    SQFT
  • $438
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1892
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

Renovated and updated Turn of the Century triplex located in Whittier with excellent rental history. The property is a wonderful mix of charm and modern conveniences and is truly a turnkey investment opportunity. Located near RiNo, Larimer Street, ballpark, City Park, Light Rail etc. Since purchasing the property, the owners have replaced all the windows, replumbed the building adding separate shut-offs for each unit, updated electrical, replaced hot water heaters with two high-efficiency units, re-engineered entire HVAC system for multi-zone efficiency/comfort, added A/C, gutted and rebuilt Unit 3 flat, added 2 commercial coin-operated washer and dryers, and many more improvements. Surrounded by updated single-family homes w/ ample street parking and a dedicated on-property parking space for Unit 3. All 3 units are currently rented to excellent long-term tenants who would like to stay. Units 1 and 2 are on month-to-month leases and Unit 3 converts to month-to-month at end of Nov 2021.

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© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-06-23T23:38:21.887.
www.downtownre.com/homes/117871138
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2350 N Humboldt St Denver, CO 80205

  • Price: $975,000
  • Status: Active Under Contract
  • MLS #: 942033
3
Beds
0
Baths
0
½ Baths
0.09
Acres
2,225
SQFT
$438
$/SQFT
1892
Built
Neighborhood:
Schinner's
County:
Denver
Area:
12 Denver Metro area
Elementary School:
Whittier
Middle School:
Whittier
High School:
Manual
School District:
Denver District 1
Property Description
Renovated and updated Turn of the Century triplex located in Whittier with excellent rental history. The property is a wonderful mix of charm and modern conveniences and is truly a turnkey investment opportunity. Located near RiNo, Larimer Street, ballpark, City Park, Light Rail etc. Since purchasing the property, the owners have replaced all the windows, replumbed the building adding separate shut-offs for each unit, updated electrical, replaced hot water heaters with two high-efficiency units, re-engineered entire HVAC system for multi-zone efficiency/comfort, added A/C, gutted and rebuilt Unit 3 flat, added 2 commercial coin-operated washer and dryers, and many more improvements. Surrounded by updated single-family homes w/ ample street parking and a dedicated on-property parking space for Unit 3. All 3 units are currently rented to excellent long-term tenants who would like to stay. Units 1 and 2 are on month-to-month leases and Unit 3 converts to month-to-month at end of Nov 2021.
Exterior Features

Construction Materials Brick/Brick Veneer Fencing Fenced Horse YN No Levels Two Lot Features SidewalksLevelHistoric District Other Structures Outbuildings Property Attached YN Yes Road Frontage Type City Street Road Surface Type PavedAsphalt Roof Composition Spa YN No Waterfront YN No

Interior Features

Appliances All Appliances Basement Crawl Space Cooling Central Air Cooling YN Yes Has Family Room No Heating Forced Air Heating YN Yes Interior Features High Speed InternetCathedral/Vaulted CeilingsWalk-In Closet(S) Living Area Source Other Unit1 Bedrooms 1 Unit1 Est Sq Ft 850 Unit1 Total Baths 1 Unit2 Bedrooms 1 Unit2 Est Sq Ft 725 Unit2 Total Baths 1 Unit3 Bedrooms 1 Unit3 Est Sq Ft 522 Unit3 Total Baths 1

Property Features

Association YN No Cap Rate 4.64 Exclusions Tenants Personal Property Which includes Wall Bench in Unit 1. Gross Income 54600 Has Green Features Addendum No Has Hoa Covenants No Has Hoa2 No Has Hoa2 Covenants No Has Improvements No Has Solar Thermal No Has Water Rights No Listing Sub Status Backup Locale Denver Net Operating Income 45291 New Construction YN No Operating Expense 9309 Possible Use Multi-Family Property Condition Not NewPreviously Owned Property Sub Type Condominium Senior Community YN No Tax Annual Amount 2740 Tax Year 2019 Tenant Pays None Water Source City WaterDenver Water Zoning U-Su-B1

Listing information © 2021 Information and Real Estate Services
Listing provided courtesy of Christine Cavalier of Group Centerra.



© 2021 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Partners, LLC.. Data last updated: 2021-06-23T23:38:21.887.
 
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