Calibrate Real Estate announces the sale of a 4-unit building located in the heart of Congress Park, at 1466 Detroit Street. Conner Piretti worked with the Seller and Kyle Malnati worked with the Buyer in this transaction. This beautifully maintained property features original hardwood floors throughout all units, and original woodwork details from 1896.
SELLER: Long term Central Denver investors. The Sellers have self managed their investments for over a decade and have had great success as landlords by treating their tenants with the utmost care and compassion.
BUYER: Local business owner that owns apartment buildings as a retirement vehicle. This loyal, repeat client has purchased 3 apartment buildings with Kyle over the past 6 years, and referred her friend to Kyle which resulted in the purchase of 3 different apartment buildings.
Denver Neighborhood: Congress Park
Address: 1466 Detroit Street, Denver, CO 80206
Sale Date: 5/24/2018
Sale Price: $1,015,000
# of Units: 4
Building Size: 3,027 SF*
Lot Size: 6,260 SF*
*Reader to verify accuracy of square footage. Square footage data was obtained from Denver County Assessor’s website.*
UNIT BY UNIT RENT ROLL:
1: 1Br/1Ba $1,000/Month
2: 2Br/1Ba VACANT
3: 2Br/1Ba $1,700/Month
4: 1Br/1Ba $1,250/Month
– Amazing Location in Central Denver
– Wrap Around Porch and Large Fenced Yard
– First Floor Unit is Perfect for Owner-Occupant
– Walk Score: 84
– Original Woodwork and Hardwood Floors
– Each Unit on Separate Floor with Own Private Entrance
Kyle Malnati & Conner Piretti 303-358-4250 | 303-818-1805