1000 N Tennyson St, Denver, CO, 80204

USD 900,000
For Sale

Property Details

Bedrooms

6

Bathrooms

3

Property Type

Single Family

Description

Property Details: • Type: Single Family • Bedrooms: 6 • Bathrooms: 3 • Square Feet: 2984 • Lot/Size: 12,500 sqft lot

Description: Rare Covered Land Play with Strong In-Place Income on a Rare 12,500 SF Double Lot. 1000 Tennyson St is a 3-unit situated on an oversized 12,500 SF double lot in one of Denver’s rapidly evolving urban corridors. This asset offers investors a compelling combination of stable cash flow today and significant future development upside. The property consists of three updated residential units plus a detached garage, generating $75,180 in annual gross income and $65,003 in NOI, equating to a 7.22% cap rate at the list price. All units have been updated over the ownership, providing immediate operational stability with minimal near-term capital requirements. Beyond the high cap rate/cash flow

Location

Address

1000 N Tennyson St, Denver, CO, 80204

City

Denver

Features and Finishes

Year Built: 1943; [object Object]; [object Object]; [object Object]

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