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940 N Downing Street, Denver, CO, 80218

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Listing Provided Courtesy of NorthPeak Commercial Advisors, LLC

940 N Downing Street, Denver, CO, 80218

Beds
0 Baths
2,550 SqFt
0 Acres

Listing Id

REC1542093
$905,000

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.

Property Details
Price:
$905,000
MLS #:
REC1542093
Status:
Active
Beds:
0
Baths:
0
Address:
940 N Downing Street
Type:
Triplex
Structure:
Triplex
Subdivision:
Cheesman Park
City:
Denver
State:
CO
Finished Sq Ft:
2,330
Total Sq Ft:
2,550
ZIP:
80218
Year Built:
1904
Interior
Cooling
None
Heating
Floor Furnace
Exterior
Construction Materials
Brick
Exterior Features
Private Yard
Parking Spots
3
Roof
Architecural Shingle
Schools
School District:
Denver 1
Elementary School:
Dora Moore
Middle School:
Dora Moore
High School:
East
Financial
Buyer Agent Compensation
2.5%
Tax Year
2024
Taxes
$4,369

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940 N Downing Street
Denver, CO