1107 N Downing ST Coming Soon Save Request In-Person Tour Request Virtual Tour
Denver,CO 80218
Key Details
Property Type Multi-Family
Sub Type Triplex
Listing Status Coming Soon
Purchase Type For Sale
Square Footage 3,715 sqft
Price per Sqft $452
Subdivision Capitol Hill
MLS Listing ID 9124991
Style Victorian
Bedrooms 6
Year Built 1888
Annual Tax Amount $5,972
Tax Year 2024
Lot Size 3,725 Sqft
Property Sub-Type Triplex
Property Description
This historic home was built in 1888, but nearly ever portion of this house is NEW with $350,000 of new upgrades, including new electrical panel with EV charging station, - new siding and paint, new high end interior finishings and paint, new kitchens and bathrooms, updated floor plans - new appliances, new Furnaces and Central Air in each unit, - new exterior drain system, - new decking on the second floor deck, new security locks, and new roof. All renovations recently finished, this investment is truly a turn key low maintenance property. This historic home is centrally located in the desirable Capital Hill neighborhood. This home has been turned into a triplex with a 1000 square foot one bed one bath unit in the basement. The 1090 Square foot main floor unit boasts a two beds one bath with its own laundry. Unit three is 1625 square feet on the second and third floor with three bedrooms and two bathrooms two balconies and a primary suite spanning the entire top floor. All units are rented. The top unit was recently owner occupied while renovations were being completed. This is a perfect setup for an owner occupied while renting the other two units.
Carriage house in back alley is a separate property and separate owner.
The basement is unit is leased through 5/31/2026 and has a non-conforming bedroom and kitchen. The main floor unit is leased through 9/30/2026 and the upper unit is leased through 1/1/2027.
This property is a great investment opportunity with low startup maintenance.
Location
State CO
County Denver
Zoning G-MU-3
Interior
Heating Forced Air,Natural Gas
Cooling Central Air
Laundry In Unit
Exterior
Exterior Feature Balcony
Parking Features Asphalt,Tandem
Utilities Available Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Available
Roof Type Shingle
Building
Lot Description Historical District,Landscaped,Level,Near Public Transit
Foundation Concrete Perimeter
Sewer Public Sewer
Water Public
Structure Type Brick,Stucco,Wood Siding
Schools
Elementary Schools Dora Moore
Middle Schools Morey
High Schools East
School District Denver 1
Others
Acceptable Financing 1031 Exchange,Cash,Conventional,Jumbo
Listing Terms 1031 Exchange,Cash,Conventional,Jumbo
Special Listing Condition None