$1,740,000

1537 Gaylord

Denver CO, 80206

Description

High Performing Turn Key 7 unit Victorian income property offered at a 7 CAP based on current NOI! Building located in City Park/revitalized Colfax corridor - strong rental area. Unit mix: 1 studio, 5 one bedrooms, 1 two bedroom. One unit is in the carriage house. Property has 4 off street parking spaces, and a common coin-op laundry facility. ** Two units on year long leases, five units operated as fully furnished 30 day min rentals marketed on Air BnB website (not as STR). Those 5 units sold turn key for current operation with all hospitality supplies included (bedding, dishes, towels, keyless entry locks, etc). Cleaning/turnover personnel in place, not by contract. Two units tastefully remodeled, remaining units have various updates to fixtures, lighting, paint, etc. New owner results may vary based on method of operation. Financials & leases available once under contract. Laundry, parking, storage lockers generate income (incl in Gross Income). This prime investment opportunity will not last, showings start immediately, do not delay

Details

MLS#5634565
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1893
Days On Site9

Features

SQ Feet4,488
Story(s)3
ZoningG-RO-3
Acreage0.14

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80206
Listing VS Median (in 80206)
Price:
$1,740,000
low | high
Med:
$928,700
96.626436781609% of Average
SqFt:
4,488
low | high
Med:
2,352
97.593582887701% of Average
$ / SqFt:
$388
low | high
Med:
$583
2% of Average
On Site:
9
low | high
Med:
86.5
10.404624277457% of Average
Listing Updated: 02/15/2020
MLS Number: 5634565
Listing Provided By:
Sara Hankenson  of  VIP REAL ESTATE CO