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444 Bannock St, Denver, CO

$1,200,000 - 5 Beds 7 Baths 3,891 Sqft .16 Acres

Beautiful 1800's mansion conversion into a legal 4plex. Live-in or invest into Denver's Baker neighborhood for a strong buy and hold. Cap Rate are at current proforma/tenant leases. Current seller will rent as a tenant or owner can occupy. This is a turn key nearly 6.5 cap with little to no deferred maintenance. All tenants have current year leases. Close to all the shops on South Broadway and thus very appealing to tenants with such a strong walk score. Basement unit is currently rented as an AirBnb as it complies with Denver rules. This building has 4 separate units with separate entrances. Upper unit, main unit, basement unit (airbnb) and separate unit across the yard. Seller will try very hard to allow showings in each unit for your buyer. This is an incredible opportunity to cash flow immediately! Highlights Blocks from South Broadway shops, restaurants, and bars. Turn key at proforma fully lease property. Ability to owner occupy. Long Term tenants.

Keller Williams Executives.

Listing Status: Active

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Essential Information

  • MLS® # 3850631
  • Price $1,200,000
  • Bedrooms 5
  • Bathrooms 7.00
  • Square Footage 3,891
  • Acres 0.16
  • Year Built 1888
  • Type Income
  • Sub-Type Income
  • Style Multi-Story
  • Status Active

Community Information

  • Address 444 Bannock St
  • Subdivision Baker
  • City Denver
  • County Denver
  • State CO
  • Zip Code 80204

Amenities

  • Parking Spaces 3
  • Parking Parking Lot
  • View City View

Interior

  • Heating Forced Air

Interior Features

Breakfast Nook, Cable Available, Heated, Updated

Appliances

Dryer, Dishwasher, Microwave Oven, Refrigerator (Kitchen), Refrigerator (Other), Range Hood, Smoke Alarm, Stove/Range/Oven, Washer

Cooling

Air Conditioning-Individual, Air Conditioning-Room, Ceiling Fan

Exterior

  • Lot Description 6900.00
  • Roof Composition Shingles
  • Construction Brick

Exterior Features

Front Porch, Balcony, Covered Deck, Covered Patio, Deck, Dog Run, Garden Area, Hot Tub/Spa, Patio

School Information

  • District Denver 1
  • Elementary Valverde
  • Middle Kepner
  • High West

Additional Information

  • Zoning U-RH-2.5

Listing Details

  • Office Keller Williams Executives

Terms and Conditions: 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 Cascade Team 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.

Copyright 2019 METROLIST, INC., DBA RECOLORADO® -- All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

Listing information last updated on September 15th, 2019 at 3:34pm PDT.