1361 Humboldt Street is a 9 unit multifamily located in Central Denver's historic Cheesman Park Neighborhood, one of the most popular rental markets in metropolitan Denver. There are 8 one-bedroom units and 1 two-bedroom unit, all having various upgrades over the last 10 years. Built in 1928, this all-brick building… Read More sits on a 4,690-SF lot. There is a pitched roof estimated at 15 years old and updated systems and mechanicals. The main boiler that provides heat to the building was completely replaced in 2024 with plumbing and electrical replaced in 2007. The building is individually metered for electricity, paid directly by the residents, and master metered for gas and water, which the owner pays and is not currently being reimbursed by the residents. The property has an on-site laundry facility that is currently free to the residents, zero landscaping to maintain, and street parking only, so no parking lot to maintain. This is a strong value-add for an investor to increase rent to market plus collect additional income by charging for utilities, pets, and laundry. The 80-acre Cheesman Park is within walking distance of the property and includes large open spaces, the Denver Botanical Gardens, numerous festivals and events throughout the year, and popular restaurants and bars that surround the park in this dense residential area. Read Less
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. [email protected]
Listing Snapshot
Days Online
154
Last Updated
Property Type
Multi Family
Square Ft.
4,519
Lot Size
0.11 Acres
Year Built
1928
MLS Number
3274818
30 Days Snapshot Of 80218
$585k
-20%
(avg) sold price
15
-25%
homes sold
92
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Effective Year Built: 2020, Total Area: 4519, Unit Count: 2, Unit Types: "Array", "Array", Built in 1928, 9 total units
Disclosures
Exclusions: Personal property belonging to tenants.
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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