MLS® ID: 3850631

444 Bannock Street

Denver, Colorado, 80204

$1,200,000 Under Contract
  • 5 Beds
  • 3891 SQFT
Beautiful 1800's mansion conversion into a legal 4plex. Live-in or invest into Denver's Baker neighborhood for a strong buy and hold. Cap Rate are at current proforma/tenant leases. Current seller will rent as a tenant or owner can occupy. This is a turn key nearly 6.5 cap with little to no deferred maintenance. All tenants have current year leases. Close to all the shops on South Broadway and thus very appealing to tenants with such a strong walk score. Basement unit is currently rented as an AirBnb as it complies with Denver rules. This building has 4 separate units with separate entrances. Upper unit, main unit, basement unit (airbnb) and separate unit across the yard. Seller will try very hard to allow showings in each unit for your buyer. This is an incredible opportunity to cash flow immediately! Highlights Blocks from South Broadway shops, restaurants, and bars. Turn key at proforma fully lease property. Ability to owner occupy. Long Term tenants.
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Listing courtesy of Keller Williams Executives

Amenities

  • Zip
    80204
  • Office name
    Keller Williams Executives
  • SQFT
    3891
  • Bedrooms
    5
  • Property type
    Income
  • Zoning type
    U-RH-2.5
  • Community name
    Baker
  • School district
    Denver 1
  • Elementary school
    Valverde
  • Junior high
    Kepner
  • High school
    West
  • Year built
    1888
  • Lot size
    0.16
  • Heating
    Forced Air
  • Tax year
    2018
  • Agent name
    Robert Tait
  • Tax amount
    $ 4120.0
  • Price Range
    $1m-$1.25m
  • Square Feet Range
    3500-4000 sq ft.
  • Bedrooms Range
    5 Beds
  • Acreage Range
    < 0.25
  • Year Built Range
    1989 (and earlier)
  • Office ID
    KWR37
  • Agent ID
    43948

Location

Virtual Tours

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