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1364 N Franklin Street

Denver, CO 80218
  • $1,150,000
  • STATUS: Pending
  • ON SITE: 58 Days
  • ID#: 6662165
Under Contract
UPDATED: 75 min ago
$1,150,000
  • 7
    BEDS
  • 0.14
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 3,946
    SQFT
  • $291
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1900
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Keller Williams Realty Success.

Description

Amazing location one block from Cheesman Park in the highly desirable East High School district. Gorgeous turn of the century Denver Square converted mansion. You wont want to miss your chance to own a piece of Denver architectural history. Countless period touches like the main staircase, original doorbell, hardwood floors and on and on. Multiple incredible opportunities: 1. Live in one unit (mortgage free) and rent out two as Airbnb or to traditional year-round tenants to pay the mortgage. 2. Great cash flow opportunity as is fully tenant occupied. 3. Easy conversion back to a single family for a flip or to live in and enjoy. Two of the three units have their own laundry setup in the unit. Currently situation is as follows: Unit A $2900 (includes two car garage) pays 55% of utility bills. Lease ends 5/30/22. 4 bed 2 bath (possible $200/mo bump if they add another room mate). Top two floors with the entrance on the front door on the porch. Unit B $1950 (two parking spots) pays 30% of utility bills. Lease ends 6/1/22. 2 bed 1 bath. Main floor with the entrance on the South side of the house. Unit C $950 (one parking spot). Lease is currently month-to-month. 1 bed 1 bath. Basement with the entrance from the back of the house. Rent Total is $5,800 per month. Each unit has private access. Unit B could likely get an additional $100+ more per month on the next lease renewal. This is a fully occupied turnkey investment opportunity. Always easy to rent and low maintenance. Solid long-term investment in a premium location. Tenants in the area love the historical charm of the home and the fantastic location. There is a detached two car garage and three off alley parking spaces in total. Amazing central location on the North side of Cheesman Park with access to all the bars and restaurants on the Colfax corridor, Cheesman Park, Denver Botanic Gardens, City Park, Congress Park, Cherry Creek and Downtown.

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Licensed in the State of Colorado, USA

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 Kimberly Austin Properties | Keller Williams Integrity 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.anotherjustsold.com/homes/120575458
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1364 N Franklin Street Denver, CO 80218

  • Price: $1,150,000
  • Status: Pending
  • Updated: 75 min ago
  • ID#: 6662165
7
Beds
4
Baths
0
½ Baths
0.14
Acres
3,946
SQFT
$291
$/SQFT
1900
Built
Neighborhood:
Cheesman Park
County:
Denver
Area:
Denver
Elementary School:
Dora Moore
Middle School:
Morey
High School:
East
School District:
Denver 1
Property Description
Amazing location one block from Cheesman Park in the highly desirable East High School district. Gorgeous turn of the century Denver Square converted mansion. You wont want to miss your chance to own a piece of Denver architectural history. Countless period touches like the main staircase, original doorbell, hardwood floors and on and on. Multiple incredible opportunities: 1. Live in one unit (mortgage free) and rent out two as Airbnb or to traditional year-round tenants to pay the mortgage. 2. Great cash flow opportunity as is fully tenant occupied. 3. Easy conversion back to a single family for a flip or to live in and enjoy. Two of the three units have their own laundry setup in the unit. Currently situation is as follows: Unit A $2900 (includes two car garage) pays 55% of utility bills. Lease ends 5/30/22. 4 bed 2 bath (possible $200/mo bump if they add another room mate). Top two floors with the entrance on the front door on the porch. Unit B $1950 (two parking spots) pays 30% of utility bills. Lease ends 6/1/22. 2 bed 1 bath. Main floor with the entrance on the South side of the house. Unit C $950 (one parking spot). Lease is currently month-to-month. 1 bed 1 bath. Basement with the entrance from the back of the house. Rent Total is $5,800 per month. Each unit has private access. Unit B could likely get an additional $100+ more per month on the next lease renewal. This is a fully occupied turnkey investment opportunity. Always easy to rent and low maintenance. Solid long-term investment in a premium location. Tenants in the area love the historical charm of the home and the fantastic location. There is a detached two car garage and three off alley parking spaces in total. Amazing central location on the North side of Cheesman Park with access to all the bars and restaurants on the Colfax corridor, Cheesman Park, Denver Botanic Gardens, City Park, Congress Park, Cherry Creek and Downtown.
Exterior Features

Architectural Style Square Design Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features BalconyPrivate YardRain GuttersSprinkler/Irrigation Fencing Full Garage YN Yes Lot Features Historic DistrictSprinklers In RearSprinklers In FrontLevelSplit Possible Lot Size Area 0.14 Lot Size Square Feet 6250 Parking Features Exterior Access Door Parking Total 2 Patio And Porch Features CoveredDeckFront PorchBalcony Roof Composition Structure Type Triplex

Interior Features

Appliances CooktopDryerDishwasherDisposalGas Water HeaterOvenRefrigeratorWasher Basement Partial Basement YN Yes Below Grade Finished Area 699 Entry Level 1 Entry Location Exterior Access Fireplace Features Bedroom Fireplace YN Yes Fireplaces Total 1 Flooring CarpetTileWood Heating Forced Air Heating YN Yes Laundry Features In UnitMultiple Locations Levels Three Or More Living Area Sq Ft 3946

Property Features

Above Grade Finished Area 3247 Association YN No Construction Materials BrickFrame Contingency None Known Electric 220 Volts Exclusions Tenants Personal Property Home Warranty YN No Listing Terms CashConventionalFhaVa Loan Ownership Individual Possession Subject To Tenant Rights Property Sub Type Triplex Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 4470 Tax Year 2019 Utilities Electricity ConnectedNatural Gas ConnectedPhone Connected Water Source Public Zoning U-Rh-3A

Listing courtesy of Keller Williams Realty Success: MLS #6662165


Licensed in the State of Colorado, USA

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 Kimberly Austin Properties | Keller Williams Integrity 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2021 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Kimberly Austin Properties | Keller Williams Integrity Real Estate
50 South Steele Street, Suite 700
Denver CO, 80209
Offered by Keller Williams Realty Success.