801 E 14th Avenue

Denver, CO 80218 — Denver County

Commercial Sale  $1,125,000  Active  MLS# 2066974

4810.00 sqft    Lot size: 3640.00 sqft    0.08 acres    1890 build   

10-12-2020 05:19pm

  Property Description

Calling all flippers and renovators - this is the perfect value-add deal located in the heart of Capitol Hill for just $251/sqft! Minor updating will increase rents over $100 per unit on average and larger renovations will push rents even higher. There are currently four sleeping rooms that have shared kitchens and bathrooms which could be reconfigured into two, more traditional, units to increase rents even further. Recent updates include new HW heaters, updates to the steam boiler and recent renovations to units 2, 3, 4 and 5. The 1 bedrooms are renting for just $948/month... over $200/month below market average for a 1 bedroom in Capitol Hill. This vintage property is well located just blocks from the State Capitol Building and is the perfect flip opportunity or a long term hold that will perform at well over a 6% CAP Rate.

  Listing Details

Property Type
Commercial Sale
MLS#
2066974
MLS Originator
REcolorado (Denver)
Last Updated
10-12-2020 05:19pm
Status
Active
Der PSF Total
233.89
Off Market Date
11-30--0001 12:00am

  Property Details

Property Subtype
Multi-Family
Sold Price
$1,125,000
Original Price
$1,125,000
Price
$1,125,000
Location
Denver, CO 80218
SqFT
4810.00
Year Built
1890
Acres
0.08

  Map

  Property Level and Sizes

SqFt Lot
3640.00
Lot Size
0.08

  Financial Details

PSF Total
$233.89
Previous Year Tax
$5,153
Year Tax
2019

  Interior Details

Utilities
Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected

  Exterior Details

Water
Public
Sewer
Public Sewer

  Room Details

  Garage & Parking

  Exterior Construction

Roof
Composition
Construction
Block, Brick

  Land Details

PPA
14062500.00

  Schools




  Walk Score





  Average Values based on MLS data (realtime)

The following Average Values are calculated based on the following property information
- Property Address: 801 E 14th Avenue, Denver, CO 80218
- Property Type: Commercial Sale, - beds, - baths, 4810.00 SqFT
- Selling Price: $1,125,000
 
Average Price (Cumulative Number of Properties)
 
Last 3 months
Last 6 months
Last 9 months
Last 12 months
Area 1 (< 1 mile)
$1,275,000 (4)
$1,303,333 (6)
$1,402,843 (7)
$1,358,738 (8)
Area 2 (1-2 miles)
$1,424,875 (8)
$1,397,182 (11)
$1,447,408 (12)
$1,388,850 (14)
Area 3 (2-3 miles)
$1,423,870 (11)
$1,402,327 (14)
$1,442,165 (15)
$1,357,360 (18)
Area 4 (3-5 miles)
$1,423,870 (11)
$1,402,172 (15)
$1,437,793 (17)
$1,340,070 (21)

  Contact Agent

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