8001 E 16th Street, Denver, CO 80220
Local realty services provided by:ERA Shields Real Estate
8001 E 16th Street,Denver, CO 80220
$699,000
- 4 Beds
- 2 Baths
- 3,340 sq. ft.
- Multi-family
- Active
Listed by: brynn cerese, steven ceresebrynn@cohomeorinvest.com,802-522-8944
Office: five four real estate, llc.
MLS#:9354323
Source:ML
Price summary
- Price:$699,000
- Price per sq. ft.:$209.28
About this home
Investor Special – Duplex with Quadplex Potential! CAP Rate: 6.8% | Fully Occupied | Income-Producing Opportunity!
Attention all savvy investors and house hackers! This is your chance to own a cash-flowing duplex in the hot East Colfax neighborhood — with the potential to become a quadplex! Property Highlights:
Two large units — each 835 sq ft on the main floor plus 835 sq ft of basement space
2 bed / 1 bath per unit currently, with unfinished basements ready to be converted into 4 bed / 2 bath units
Fully occupied – income from day one! Recent capital improvements already completed Each unit has its own side yard
4 off-street parking spaces. Value-Add Opportunity: Unfinished basements offer significant upside — build out additional bedrooms and bathrooms to double your rental income potential! Investment Potential: Great for long-term rental, Airbnb, or owner-occupied house hacking. Prime Location: 1.5 miles to Stanley Marketplace, 2.5 miles to City Park, 6 miles to Coors Field, Easy access to DIA and major highways
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Home facts
- Year built:1925
- Listing ID #:9354323
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Living area:3,340 sq. ft.
Heating and cooling
- Cooling:Attic Fan
- Heating:Forced Air
Structure and exterior
- Roof:Composition, Shingle
- Year built:1925
- Building area:3,340 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:George Washington
- Middle school:Hill
- Elementary school:Ashley
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$699,000
- Price per sq. ft.:$209.28
- Tax amount:$3,070 (2024)
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