Beautiful Congress Park home in the heart of Denver, available for residential investment property or live in this amazing Denver Square home, built in 1898 and earn income as you enjoy your new home. The home is currently a quadreplex with add'l. studio in bsmt. Rentals includes a 3 bdrm, 2 bath apt, a 2 brdm, 1 bath 2nd floor apt, a 3rd floor, 1 bdrm, 1 bath apt, a 1 bdrm, 1 bath basement apt and one studio, with a murphy bed space & small office. There are a total of 5 kitchens & 6 bathrooms. The home is nicely updated and could easily be converted to a single family home. (Move 2 walls!) Enjoy all the ambiance of wood trim, decorative fireplaces, wood flooring, updated kitchens and a cute courtyard/ backyard with bbq. All apt. are updated and have large windows for great light. There are 2, double car garages, an add'l parking space and a small shed for storage. There is also a carriage house above the garage which could be converted to another residential unit. Looking for an opportunity in Denver, this is it. Call for details or showings. INVESTMENT SUMMARY: Price: $1,575,000 Price/Unit $315000 Price/Sq Ft $337 Pro Forma Cap Rate 4.8% CASH FLOW INDICATORS Net Operating Income $72800 Add'l Potential Income $9600 Expenses $16000 Future Cap Rate 5.17%
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