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540 E 1st Avenue

Denver, CO 80203
  • $800,000
  • STATUS: Pending
  • ON SITE: 116 Days
  • ID#: 2759357
Under Contract
UPDATED: 40 min ago
$800,000
  • 4
    BEDS
  • 0.05
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,438
    SQFT
  • $328
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1901
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
REcolorado logo Offered by Unique Properties Llc.

Description

Priced reduced to sell. Don't let this one slip out of your hands. Contact the listing broker directly to set up a tour. 540 E 1st Ave is centrally located in one of Denver's most popular residential neighborhoods. The unit mix consists of one 2Br/2Ba unit and two 1Br/1Ba units. The main floor unit as well as the top floor unit are equipped with washers and dryers, which is a rare feature. Additionally, the property offers a considerable amount of off-street parking. Given the properties' prime location, tenants are able to enjoy some of Denver's best local amenities. Tenants are just one block from Rosebuds Caf and are minutes away from the Cherry Creek trail and Alamo Placita Park. New owners have the ability to make minor improvements, such as updating the landscaping, which will make the property more appealing to future tenants. By making some minor improvements to the current condition of the units, new owners should be able to raise rents by a considerable amount. 540 E 1st has the opportunity to become the next best trophy asset in one of Denver's most popular neighborhoods! Recommended improvements are as follows: Complete Unit Renovations, Landscaping/Curb Appeal, Exterior Paint Job

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Acker Group | Berkshire Hathaway HomeServices Innovative Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.goackergroup.com/homes/133856835
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540 E 1st Avenue Denver, CO 80203

  • Price: $800,000
  • Status: Pending
  • On Site: 116 Days
  • Updated: 40 min ago
  • ID#: 2759357
4
Beds
4
Baths
0
½ Baths
0.05
Acres
2,438
SQFT
$328
$/SQFT
1901
Built
Neighborhood:
Waddell And Machen's
County:
Denver
Area:
Denver
Elementary School:
Dora Moore
Middle School:
Dora Moore
High School:
South
School District:
Denver 1
Property Description
Priced reduced to sell. Don't let this one slip out of your hands. Contact the listing broker directly to set up a tour. 540 E 1st Ave is centrally located in one of Denver's most popular residential neighborhoods. The unit mix consists of one 2Br/2Ba unit and two 1Br/1Ba units. The main floor unit as well as the top floor unit are equipped with washers and dryers, which is a rare feature. Additionally, the property offers a considerable amount of off-street parking. Given the properties' prime location, tenants are able to enjoy some of Denver's best local amenities. Tenants are just one block from Rosebuds Caf and are minutes away from the Cherry Creek trail and Alamo Placita Park. New owners have the ability to make minor improvements, such as updating the landscaping, which will make the property more appealing to future tenants. By making some minor improvements to the current condition of the units, new owners should be able to raise rents by a considerable amount. 540 E 1st has the opportunity to become the next best trophy asset in one of Denver's most popular neighborhoods! Recommended improvements are as follows: Complete Unit Renovations, Landscaping/Curb Appeal, Exterior Paint Job
Exterior Features

Architectural Style Square DesignVictorian Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BalconyPrivate YardRain Gutters Garage YN No Lot Features Level Lot Size Area 0.05 Lot Size Square Feet 2290 Parking Total 0 Patio And Porch Features Front PorchPatioBalcony Roof Composition Structure Type Triplex

Interior Features

Basement FinishedPartial Basement YN Yes Below Grade Finished Area 684 Cooling Central Air Cooling YN Yes Heating Forced Air Heating YN Yes Levels Three Or More Living Area Sq Ft 2438

Property Features

Above Grade Finished Area 1754 Association YN No Building Area Source Public Records Construction Materials Brick Contingency None Known Exclusions N/A Listing Terms CashConventional1031 Exchange Ownership Individual Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 3490 Tax Year 2021 Water Source Public Zoning G-Mu-3

REcolorado logo Listing courtesy of Unique Properties Llc:303-321-5888. MLS #2759357


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Acker Group | Berkshire Hathaway HomeServices Innovative Real Estate are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2023 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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The Acker Group | Berkshire Hathaway HomeServices Innovative Real Estate
9785 Maroon Circe, Suite 150
Englewood CO, 80112
REcolorado logo Offered by Unique Properties Llc.