Denver, CO 80203,423 E 2nd AVE
Denver, CO 80203,423 E 2nd AVE
Denver, CO 80203,423 E 2nd AVE
Denver, CO 80203,423 E 2nd AVE
Denver, CO 80203,423 E 2nd AVE
Denver, CO 80203,423 E 2nd AVE
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$1,175,000

$1,175,000

Est.Price: ?

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Est. payment /mo

4 Beds

4 Baths

1,815 SqFt


SOLD DATE : 05/19/2023

Key Details

Sold Price $1,175,000

Property Type Multi-Family

Sub Type Quadplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,815 sqft

Price per Sqft $647

Subdivision Washington Park West

MLS Listing ID 3109424

Sold Date 05/19/23

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,815

Originating Board recolorado

Year Built 1912

Annual Tax Amount $3,366

Tax Year 2021

Lot Size 3,484 Sqft

Acres 0.08

Property Description

423 E 2nd Ave is a turnkey 4-unit in Denver’s coveted West Wash Park neighborhood. Located just blocks from popular nightlife and the Cherry Creek bike path, the property has large apartments with a unit mix of two 2-bedrooms, one 1-bedroom, and one studio that all feature new renovations to kitchens, bathrooms, flooring and fixtures. Central AC, in-unit washer/dryer, a two-car garage plus two surface parking spaces make this a must-see.

Tenants will be attracted to the early 1900’s charm on the outside and fall in love with the modern amenities on the inside. Recent capital improvements include a newer furnace, newer hot water heaters, and newer AC condensers.

This recent building transformation will provide low vacancy and predictable cashflow for a future own¬er looking forward to hitting cruise control for the foreseeable future. Surrounded by multimillion dollar homes, new construction and popular nightlife, 423 E 2nd will continue to benefit from an A+ location in one of Denver’s most popular neighborhoods.

Location

State CO

County Denver

Zoning U-TU-B2

Rooms

Basement Finished, Full

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Exterior Feature Private Yard

Garage Spaces 2.0

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Architecural Shingle

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Block, Brick

Schools

Elementary Schools Dora Moore

Middle Schools Grant

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by NorthPeak Commercial Advisors, LLC • conner@northpeakcre.com
Bought with Keller Williams Integrity Real Estate LLC

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Jen Langhals

Broker Associate | IA.100097765

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