1537 Gaylord

Denver, CO 80206

About this property

High Performing Turn Key 7 unit Victorian income property offered at a 7 CAP based on current NOI! Building located in City Park/revitalized Colfax corridor - strong rental area. Unit mix: 1 studio, 5 one bedrooms, 1 two bedroom. One unit is in the carriage house. Property has 4 off street parking spaces, and a common coin-op laundry facility. ** Two units on year long leases, five units operated as fully furnished 30 day min rentals marketed on Air BnB website (not as STR). Those 5 units sold turn key for current operation with all hospitality supplies included (bedding, dishes, towels, keyless entry locks, etc). Cleaning/turnover personnel in place, not by contract. Two units tastefully remodeled, remaining units have various updates to fixtures, lighting, paint, etc. New owner results may vary based on method of operation. Financials & leases available once under contract. Laundry, parking, storage lockers generate income (incl in Gross Income). This prime investment opportunity will not last, showings start immediately, do not delay

Date Added
February 11, 2020
Listing Status
Active
Days On Site
11
MLS#
5634565

Features and Additional Information

Lot Size
6,098 SqFt
Acreage
0.14
Property Type
Commercial
Style
Sub-Type
Resale
Year
1893
Garage
0
Pool
No
Story(s)
3
Property View
No
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$1,740,000 Active
0 Beds
0 Baths
4,488 SQFT

Presented By Coldwell Banker Canyonside Realty

Get in touch today! Phone: (208) 734-6500
Brokerage
Twin Falls
(208) 734-6500
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Area Information

| Denver County |

$ 1,740,000
This listing is play_arrow 136.7% higher than the average in the area
$ 735,000 in the area
4,488 SqFt
This listing is play_arrow 201.4% larger than the average in the area
1,489 SqFt in the area
$ 388 $/SqFt
This listing is play_arrow 21.5% less than the average in the area
$ 494 $/SqFt in the area
11 days on site
This listing is play_arrow 63.3% below the average in the area
30 days on site in the area

Schools in the Area

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