Marcus & Millichap is pleased to present the exclusive listing for 636 S Quitman St, a 14-unit multifamily property located in the heart of West Denver. This attractive, cottage-style asset offers investors a rare opportunity to acquire a high-yielding property with strong in-place cash flow and additional upside through continued… Read More rent growth. The property is offered at $1,750,000, representing a 6.41% cap rate with the ability to achieve a 6.67% Year 1 cap rate. Investors will benefit from an 7.93% cash-on-cash return and a low basis of approximately $125,000 per unit, well below replacement cost. Read Less
Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. [email protected]
Listing Snapshot
Days Online
6
Last Updated
Property Type
Quadruplex
Beds
7
Square Ft.
4,060
Year Built
1952
MLS Number
7578249
30 Days Snapshot Of 80219
$448k
-3%
(avg) sold price
45
+12%
homes sold
63
+5%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Above Grade Finished Area: 4060, Construction Materials: "Other", Levels: "One", Living Area: 4060, Occupant Type: Owner, Structure Type: "Quadruplex", Total Area: 4060, Unit Count: 2, Unit Types: "Array", "Array", Built in 1952
Cooling
Cooling: "Other"
Disclosures
Exclusions: n/a
Heating
Heating: "Baseboard"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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