414-418 E 5th Ave | Denver, CO 80203
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414-418 E 5th Ave
Denver, CO 80203
The Residences at 5th Avenue · Multifamily Property For Sale · 3 Units
Investment Highlights
- One 3-Bedroom Unit, Two 1-Bedroom Units
- Sewer Lines Replaced in 2021
- Original Character with Modern Upgrades
- Washer/Dryers in Each Unit
- Walking Distance to Cherry Creek Trail
Executive Summary
The Residences at 5th Avenue are situated in a highly desirable and walkable area of Denver. This 3-unit rental property benefits from proximity to amenities such as parks, schools, restaurants, and public transportation. The demand for rental properties in this location is likely to remain strong for years to come.
PROPERTY FACTS
| Price Per Unit | $433,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.08 AC |
| Cap Rate | 4.84% | Building Size | 2,816 SF |
| No. Units | 3 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1910 |
| Property Subtype | Apartment |
| Price Per Unit | $433,000 |
| Sale Type | Investment |
| Cap Rate | 4.84% |
| No. Units | 3 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.08 AC |
| Building Size | 2,816 SF |
| No. Stories | 2 |
| Year Built | 1910 |
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Refrigerator
- Yard
- Patio
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+1.5 | 1 | - | 1,800 |
| 1+1 | 2 | - | 650 - 1,000 |
PROPERTY TAXES
| Parcel Number | 5113-11-003 | Improvements Assessment | $57,290 |
| Land Assessment | $19,300 | Total Assessment | $76,590 |
PROPERTY TAXES
Parcel Number
5113-11-003
Land Assessment
$19,300
Improvements Assessment
$57,290
Total Assessment
$76,590
zoning
| Zoning Code | G-MU-3 |
| G-MU-3 |
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