1361 N Humboldt ST new to site Save Request In-Person Tour Request Virtual Tour
Denver,CO 80218
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3274818
HOA Y/N No
Originating Board recolorado
Year Built 1928
Annual Tax Amount $9,260
Tax Year 2024
Lot Size 4,791 Sqft
Acres 0.11
Property Sub-Type Multi Family
Property Description
1361 Humboldt Street is a 9 unit multifamily located in Central Denver's historic Cheesman Park Neighborhood, one of the most popular rental markets in metropolitan Denver. There are 8 one-bedroom units and 1 two-bedroom unit, all having various upgrades over the last 10 years. Built in 1928, this all-brick building sits on a 4,690-SF lot. There is a pitched roof estimated at 15 years old and updated systems and mechanicals. The main boiler that provides heat to the building was completely replaced in 2024 with plumbing and electrical replaced in 2007. The building is individually metered for electricity, paid directly by the residents, and master metered for gas and water, which the owner pays and is not currently being reimbursed by the residents. The property has an on-site laundry facility that is currently free to the residents, zero landscaping to maintain, and street parking only, so no parking lot to maintain. This is a strong value-add for an investor to increase rent to market plus collect additional income by charging for utilities, pets, and laundry. The 80-acre Cheesman Park is within walking distance of the property and includes large open spaces, the Denver Botanical Gardens, numerous festivals and events throughout the year, and popular restaurants and bars that surround the park in this dense residential area.
Location
State CO
County Denver
Zoning U-RH-3A
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public