Share this with your friends
+17209495525
You 1st Realty
5355 Quitman St, Denver, CO 80212
- $950,000
- 8
- BD
- 4
- BA
- 3,400
- SqFt
Courtesy of Compass - Denver . brady@bradyefting.com
- List Price
- $950,000
- Status
- ACTIVE
- Days on Market
- 95
- MLS#
- 8926338
- Subtype
- Residential Income
- Year Built
- 1971
- Bedrooms
- 8
- Bathrooms
- 4
- Living Area
- 3,400
- Lot Size
- 13,300
- Acres
- 0.31
- Subdivision
- Berkeley Gardens
Property Description
Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market. Four separately accessed units (8 beds / 4 baths / 4 kitchens) each with washer/dryer hookups and dedicated living spaces create flexible tenant configurations and reliable cash flow. Property was renovated three years ago it has been well-maintained and is in good condition, reducing near-term maintenance risk and supporting future rent growth. Two oversized 1-car garages offer immediate income streams, while the large 13,300 sq ft lot presents a longer-term redevelopment play to scrape and build higher-end duplex product with mountain views, subject to buyer verification of zoning and entitlements.
Additional Information
- Exterior Features
- Private Yard
- Taxes
- $7,641
- Zoning
- R-2
- Flooring
- Carpet, Vinyl
- Appliances
- Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
- Heating
- Forced Air
- Air Conditioning
- None
- Levels
- One
- Roof
- Composition
- Garage Spaces
- 2
- School District
- Westminster Public Schools
- Elementary School
- Tennyson Knolls
- Middle School
- Tennyson Knolls
- High School
- Westminster
How much is your home worth?
...get instant property value now!
Mortgage Calculator
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than You 1st Realty are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. IDX Terms and Conditions