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Pamela Gonacha, Associate Broker
SOLD
$890,000
Date 08/25/2023

1330 N Downing Street
Denver, CO 80218

Fourplex
Residence
2,605
Sqft
0.09
Lot Size
Courtesy: NorthPeak Commercial Advisors, LLC, [email protected],720-738-1944
1330 Downing St. is a stunning 4-unit converted mansion in Denver s highly coveted Capitol Hill neighborhood. The building exterior boasts a rare facade built from rhyolite stone locally sourced in Castle Rock, CO. The interior is equally impressive with spacious layouts, 10+ foot ceilings and large windows that flood the apartments with natural light. The property presents plenty of value-add opportunity as the owner currently occupies the 2br/1ba unit and is receiving well below market rent for the other three units. Another unit is also on a month to month leases which will allow the new owner to immediately increase rents or begin renovations. An investor can cashflow a well-kept building in an A+ location or make cosmetic updates to the units and increase rents considerably. Common area laundry in the basement, a communal backyard and 3 off-street parking spaces round out this investment opportunity.
6581479
Fourplex, Other
Denver
1886
0.09 Acres
Public
Brick,Stone
Public Sewer
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Courtesy: NorthPeak Commercial Advisors, LLC, [email protected],720-738-1944

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