801 E 14th Avenue

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Investment Overview

Investment Type: Multifamily
Building Size: 4,490 SF
Address: 801 E 14th Ave, Denver, CO 80218
Units: 9
Price: $1,125,000
Price/Unit: $125,000
Price/SF: $251
Year Built: 1890
Parking: Street

Property Features

This is the perfect value-add deal located in the heart of Capitol Hill. There is huge upside in rents with very little work. Alternatively, there are currently four sleeping rooms that have shared kitchens and bathrooms which could be reconfigured into more traditional units to increase rents even further. Recent updates include new HW heaters, updates to the steam boiler, new renovations to units 2, 3, and 4. This vintage property is well located just blocks from the State Capitol Building and less than a mile to the 16th Street Mall.

Highlights

  • Unique mix of 1 Two Bed, 4 One Beds, 4 Sleeping Rooms
  • New HW heaters
  • Recent renovations to 5 of the units
  • Huge upside in rents
  • Only $251/ft

Offered by the Johnson-Piretti Team

Greg Johnson
Senior Advisor
Email:Greg@aqyre.com
Direct:720.738.1671

Conner Piretti
Senior Advisor
Email:Conner@aqyre.com
Direct:720.818.1805