Active
940 N Downing Street
Denver CO, 80218
$905,000
$388.41 per sqft
Active
2,330 sqft
Multi-family
Built in 1904
DISCLAIMER: 940 Downing must be purchased with 944 Downing.
940-944 Downing presents the rare opportunity for an investor to own two classic converted mansions on two assembling parcels in one of Central Denver's premier locations. Just across the street from King Soopers and around the corner from a variety of popular neighborhood bars, taverns, and coffee shops, the properties boast a location that will continue to attract tenants seeking both convenience and vibrancy.
940 Downing is a fully renovated triplex that's comprised of two 1-bedroom and one 2-bedroom unit. Each apartment features top-of-the-line finishes including oak flooring throughout, custom kitchens that boast high-end cabinets and new concrete countertops. 944 Downing is a 4-unit building that features a strong unit mix of two 1-bedroom and two 2-bedroom units. Each apartment features spacious layouts, original hardwood floors and other vintage features that tenants love. A site development plan has been approved by the city for a 3-unit carriage house behind both properties. A new owner will have the option to immediately cash flow
from two well-maintained buildings or significantly increase returns by updating the existing residences and adding three additional units.
1542093
MLSⓇ ID
February 5, 2024
Listed
March 21, 2024
Updated
Map
940 N Downing Street
Denver CO, 80218
Interior Features
Total Stories
2
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Floor Furnace
Exterior/Building Features
Exterior Features
Private Yard
Roof
Architecural Shingle
Sewer
Public Sewer
School Information
School District
Denver 1
High School
East
Elementary School
Dora Moore
Other Property Details
Taxes
$4,369
Tax Frequency
Annually
Garage
Yes
Garage Spaces
1
Parking Total
3
View
Yes
View Description
City
County
Denver
Water Source
Public
Pool
No
Buyer Agency Compensation
2.5%
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Data last updated 9:49 PM UTC, 3/21/2024
