Listing Courtesy of:
Compass - Denver
Agency Contact: brady@bradyefting.com
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.
Listed By
Agency Name: Compass - Denver
Agency Contact: brady@bradyefting.com
Shown By
Agent Name: Ambyr Kirkpatrick
Agent Phone: (719) 362-0335
Agency Title: The Cutting Edge, Realtors
Estimated Payment
$ 5,593.28 per month $4,679.45 Principal & Interest $636.75 Property Tax $277.08 Homeowner's Insurance
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5355 Quitman Street | MLS# 8926338
This multi-family property located at 5355 Quitman Street, Denver, CO 80212 is currently listed for sale with an asking price of $950,000. Quitman Street is located within the Westminster Public Schools school district. Search Denver real estate on akirkpatrick.thecuttingedgerealtors.com today.