About 940 N Downing Street
DISCLAIMER: 940 Downing must be purchased with 944 Downing. 940-944 Downing presents the rare opportunity for an investor to own two classic converted mansions on two assembling parcels in one of Central Denver’s premier locations. Just across the street from King Soopers and around the corner from a variety of popular neighborhood bars, taverns, and coffee shops, the properties boast a location that will continue to attract tenants seeking both convenience and vibrancy. 940 Downing is a fully renovated triplex that’s comprised of two 1-bedroom and one 2-bedroom unit. Each apartment features top-of-the-line finishes including oak flooring throughout, custom kitchens that boast high-end cabinets and new concrete countertops. 944 Downing is a 4-unit building that features a strong unit mix of two 1-bedroom and two 2-bedroom units. Each apartment features spacious layouts, original hardwood floors and other vintage features that tenants love. A site development plan has been approved by the city for a 3-unit carriage house behind both properties. A new owner will have the option to immediately cash flow from two well-maintained buildings or significantly increase returns by updating the existing residences and adding three additional units.
Features of 940 N Downing Street
MLS® # | 1542093 |
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Price | $905,000 |
Bathrooms | 0.00 |
Square Footage | 2,330 |
Acres | 0.00 |
Year Built | 1904 |
Type | Residential Income |
Sub-Type | Triplex |
Status | Active |
Community Information
Address | 940 N Downing Street |
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Subdivision | Cheesman Park |
City | Denver |
County | Denver |
State | CO |
Zip Code | 80218 |
Amenities
Utilities | Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available |
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Parking Spaces | 3 |
# of Garages | 1 |
View | City |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Floor Furnace |
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Cooling | None |
Fireplace | No |
Stories | Two |
Basement | Finished |
Exterior
Exterior Features | Private Yard |
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Roof | Architecural Shingle |
Foundation | Block |
School Information
District | Denver 1 |
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Elementary | Dora Moore |
Middle | Dora Moore |
High | East |
Additional Information
Date Listed | February 5th, 2024 |
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Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | NorthPeak Commercial Advisors, LLC |
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Contact | conner@northpeakcre.com |