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$700,000

Est. payment - /mo

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2 Beds

4 Baths

1,326 SqFt

New

1937 S Columbine ST Denver, CO 80210

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Scott McManaway

scottm@compass.com +1(303) 900-8533

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,326 sqft

Price per Sqft $527

Subdivision University Park

MLS Listing ID 7168448

Style Contemporary

Bedrooms 2

HOA Y/N No

Abv Grd Liv Area 1,326

Year Built 2020

Annual Tax Amount $3,515

Tax Year 2024

Property Sub-Type Quadruplex

Source recolorado

Property Description

Prime Investment Opportunity in Observatory Park. Discover this unit within a townhome complex. Secure a high-yield asset in one of Denver's most desirable neighborhoods with this ultra-modern townhome. Built by a custom builder in 2021, this property is a turnkey investment positioned for strong performance. The location is a key driver of its value, situated just minutes from the University of Denver, I-25, and the light rail, ensuring a constant pool of potential tenants. The immediate vicinity offers a wealth of dining, shopping, and entertainment options, further enhancing its rental appeal. This 1,326-square-foot residence currently generates $3,300 in monthly rental income, providing a solid return from day one. The functional and stylish design is a major draw, featuring an open layout and sleek, modern finishes. The chef's kitchen is equipped with top-tier appliances, quartz countertops, and ample storage. The home includes two spacious bedrooms and four bathrooms, a highly practical configuration for renters. Additional features that contribute to its marketability and long-term value include an expansive rooftop deck with panoramic views, ideal for tenant use and retention. The 2-car attached garage provides ultimate convenience and extra storage, a sought-after amenity in this urban setting. This property is designed for both aesthetic appeal and long-term durability, minimizing future capital expenditures. This is an ideal acquisition for an investor seeking a sophisticated, low-maintenance, and income-producing asset in a prime Denver location.

Location

State CO

County Denver

Interior

Interior Features Eat-in Kitchen, High Ceilings, Open Floorplan, Quartz Counters, Walk-In Closet(s)

Heating Wall Furnace

Cooling Air Conditioning-Room

Flooring Carpet, Tile, Wood

Fireplaces Number 1

Fireplaces Type Electric

Fireplace Y

Appliance Dishwasher, Disposal, Dryer, Oven, Range, Range Hood, Refrigerator, Tankless Water Heater, Washer

Laundry In Unit

Exterior

Exterior Feature Lighting

Parking Features Storage

Garage Spaces 2.0

Roof Type Membrane

Total Parking Spaces 2

Garage Yes

Building

Sewer Public Sewer

Level or Stories Three Or More

Structure Type Frame

Schools

Elementary Schools University Park

Middle Schools Merrill

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, Other

Listing Terms 1031 Exchange, Cash, Conventional, Other

Special Listing Condition None

Listed by Compass - Denver

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Scott McManaway

Broker Associate | License ID: 04578P

+1(303) 900-8533

1937 S Columbine ST Denver, CO 80210

Scott McManaway

Key Details

Location

Interior

Exterior

Building

Schools

Others

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1937 S Columbine ST