8001 E 16th, Denver, CO 80220
8001 E 16th, Denver, CO 80220
8001 E 16th, Denver, CO 80220
8001 E 16th, Denver, CO 80220
8001 E 16th, Denver, CO 80220
8001 E 16th, Denver, CO 80220
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$ 649,999
Est. payment | /mo

4 Beds

2 Baths

3,340 SqFt


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$ 649,999
Est. payment | /mo
Save

4 Beds

2 Baths

3,340 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,340 sqft

Subdivision East Montrose

MLS Listing ID IRE9354323

Bedrooms 4

HOA Y/N No

Year Built 1925

Annual Tax Amount $3,070

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Property Sub-Type Duplex

Source ires

Property Description

7.32% CAP RATE!!!!!! Investor Special - Duplex with Quadplex Potential! Partially Occupied | Income-Producing Opportunity!
Attention all savvy investors and house hackers! This is your chance to own a cash-flowing duplex in the hot East Colfax neighborhood - with the potential to become a quadplex! Property Highlights:
Two large units - each 835 sq ft on the main floor plus 835 sq ft of basement space
2 bed / 1 bath per unit currently, with unfinished basements ready to be converted into 4 bed / 2 bath units
Fully occupied - income from day one! Recent capital improvements already completed Each unit has its own side yard
4 off-street parking spaces. Value-Add Opportunity: Unfinished basements offer significant upside - build out additional bedrooms and bathrooms to double your rental income potential! Investment Potential: Great for long-term rental, Airbnb, or owner-occupied house hacking. Prime Location: 1.5 miles to Stanley Marketplace, 2.5 miles to City Park, 6 miles to Coors Field, Easy access to DIA and major highways

Location

State CO

County Denver

Community East Montrose

Area Metro Denver

Zoning E-SU-DX

Rooms

Basement Unfinished

Interior

Heating Forced Air

Cooling Attic Fan

Exterior

Parking Features Off Street

Garage Spaces 4.0

Utilities Available Separate Meter Electricity, Separate Meter Gas

View Y/N No

Roof Type Composition,Fiberglass

Garage Yes

Building

Lot Description Level

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Brick

New Construction false

Schools

Elementary Schools Ashley

Middle Schools Hill

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, FHA, VA, 1031 Exchange

Listing Terms Cash, Conventional, FHA, VA, 1031 Exchange

Information and Real Estate Services (IRES)
Listed by Brynn Cerese

Schools and Properties Nearby

Learn More About LPT Realty

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8001 E 16th