Calibrate Real Estate announces the sale of an investment property in Denver located at 20-36 E. 4th Ave. This property features five separately deeded rowhomes that are tenant occupied.
Kyle Malnati represented the Seller in their second successful transaction this year with three other properties in their portfolio currently Under Contract. Kyle was able to source the buyer, a local investor, in this off-market transaction even with one of the 5 units completely uninhabitable because of in-progress renovations. The Buyer plans to rehab the units and sell as condos.
Special thanks to First Bank who provided the financing and Stewart Title who provided the Title and Closing services.
Whether you are selling your personal home or a rental or investment portfolio, Calibrate Real Estate is your trusted advisor in Denver real estate.
Photos of Unit 20:
2Bed/1Bath rowhouse (townhome) unit with an unfinished basement, end unit
Photos of Unit 24:
2Bed/1Bath rowhouse (townhome) unit with an unfinished basement
Photos of Unit 28:
2Bed/1Bath rowhouse (townhome) unit with an unfinished basement
Photos of Unit 32:
2Bed/1Bath rowhouse (townhome) unit with an unfinished basement
Photos of Unit 36:
2Bed/1Bath rowhouse (townhome) unit that was in the middle of a remodel. This unit has an unfinished basement, and it was uninhabitable.
Address: 20-36 E. 4th Ave., Denver, CO 80203
Sold Price: $1,000,000
Price/Unit: $250,000
Building SF: 4,235*
Price/SF: $236.12
Year Built: 1905
*Buyer to verify accuracy of square footage
