For Sale Multi-Family MLS# 5061649

1420 Yates Street

Denver, CO 80204

$527,500

2Beds
2Baths
1,924Sq Ft
1924Built
$274Per Sq Ft

About 1420 Yates Street

Investment Opportunity in Sloan's Lake - Zoning: Urban Row House 2.5 Stories U-RH-2.5, 50' Frontage x 125' Depth, Three Plex or Duplex Land Development (low-intensity multi-unit configuration through the Row House building form). Existing SFR is leased through August of 2027 allowing time for design & permitting. Attractive location only two 2.5 blocks to Sloan's Lake & 2 Blocks to Light Rail. Strong development activity in immediate area and all along West Colfax. Perfect for 1031 purchase with tenant in place - property offers many options. Professionally leased and managed with quality tenant. Drive by only - no showings. Renderings are conceptual only. Great land play on attractive lot - plan and execute a well located three-plex.

Property details

Property

Type: Triplex
MLS type: Residential Income
Status: Active
Year built: 1924
Stories: 1
Living area: 1,924 sqft
Price / sqft: $274
Lot: 0.14 AC / 6,250 SF
MLS #: 5061649

Interior

Features: Daylight
Appliances: Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Range Hood, Refrigerator, Washer
Heating: Forced Air, Natural Gas
Cooling: Central Air
Laundry: In Basement

Exterior & lot

Features: Private Yard
Roof: Composition
Foundation: Concrete Perimeter
Lot: Level, Near Public Transit
Patio & porch: Covered, Front Porch, Patio
Fence: Full

Schools

District: Denver 1
Elementary: Colfax
Middle: Lake
High: North

Utilities

Utilities: Electricity Connected, Natural Gas Connected
Water: Public
Sewer: Public Sewer

Financial

Annual tax: $2,932
Parcel: 5062-06-007
Special conditions: None Known

Location

Subdivision: Sloan's Lake
County: Denver

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Listed by Rick Flanagan, Red Chair Realty Advisors LLC