Company Logo
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Kelly Giddens
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(303) 688-6644
Mobile Phone:
(503) 866-5962
kgiddens@
bhhsrmr.com
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SOLD
$890,000
Date 08/25/2023

1330 N Downing St
Denver, CO 80218

Other
Residence
3
Beds
2
Baths
3,336
Sqft
0.09
Lot Size
Courtesy: Conner Piretti - NorthPeak Commercial Advisors, LLC; Phone: 720-738-1944
1330 Downing St. is a stunning 4-unit converted mansion in Denvers highly coveted Capitol Hill neighborhood. The building exterior boasts a rare facade built from rhyolite stone locally sourced in Castle Rock, CO. The interior is equally impressive with spacious layouts, 10+ foot ceilings and large windows that flood the apartments with natural light. The property presents plenty of value-add opportunity as the owner currently occupies the 2br/1ba unit and is receiving well below market rent for the other three units. Another unit is also on a month to month leases which will allow the new owner to immediatelyincrease rents or begin renovations. An investor can cashflow a well-kept building in an A+ location or make cosmetic updates to the units and increase rents considerably. Common area laundry in the basement, a communal backyard and 3 off-street parking spaces round out thisinvestment opportunity.
6581479
Other, 2 Story
3
Denver
2
1886
0.09 Acres
City Water
2
Brick,Brick Veneer,Stone
City Sewer, Public Sewer
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Courtesy: Conner Piretti - NorthPeak Commercial Advisors, LLC; Phone: 720-738-1944
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