944 Downing Street, Denver, CO

$995,000

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2,681

Square feet

0.11

Acres

About 944 Downing Street

DISCLAIMER: 940 & 944 Downing must be purchased together. 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 944 Downing Street

MLS® # 9394001
Price $995,000
Bathrooms 0.00
Square Footage 2,681
Acres 0.11
Year Built 1904
Type Residential Income
Sub-Type Quadplex
Status Active

Community Information

Address 944 Downing Street
Subdivision Cheesman Park
City Denver
County Denver
State CO
Zip Code 80218

Amenities

Utilities Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Parking Spaces 4
View City
Is Waterfront No
Has Pool No

Interior

Heating Floor Furnace
Cooling None
Fireplace No
Stories Two
Basement Partial

Exterior

Roof Architecural Shingle

School Information

District Denver 1
Elementary Dora Moore
Middle Dora Moore
High East

Additional Information

Date Listed February 5th, 2024
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNorthPeak Commercial Advisors, LLC
Contactconner@northpeakcre.com

Listing Map

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