About 1280 N Race
Value-Add quadplex one block away from Cheesman Park offered at a 5.87% cap rate. Diverse unit mix consisting of one studio, two 1bds, and one 2bd. Two of these units have been recently renewed at higher lease rates. New owner can increase income by renovating all units and increase rent. Alley parking in the rear of the building.
Features of 1280 N Race
| MLS® # | 3348094 |
|---|---|
| Price | $850,000 |
| Bedrooms | 5 |
| Bathrooms | 4.00 |
| Square Footage | 2,867 |
| Acres | 0.07 |
| Year Built | 1894 |
| Type | Residential Income |
| Sub-Type | Quadplex |
| Status | Pending |
Community Information
| Address | 1280 N Race |
|---|---|
| Subdivision | Wymans |
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80206 |
Amenities
| Parking Spaces | 3 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | Two |
| Basement | Partial |
Exterior
| Roof | Composition |
|---|
School Information
| District | Denver 1 |
|---|---|
| Elementary | Bromwell |
| Middle | Morey |
| High | East |
Additional Information
| Date Listed | February 21st, 2024 |
|---|---|
| Zoning | G-MU-3 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Capital Property Group LLC |
|---|---|
| Contact | scott@capitalpropgroup.com,303-919-7967 |