1107 N Downing St, Denver, CO 80218

Property Description

This historic home was built in 1888, but nearly ever portion of this house is NEW with $350,000 of new upgrades, including new electrical panel with EV charging station, - new siding and paint, new high end interior finishings and paint, new kitchens and bathrooms, updated floor plans - new appliances, new Furnaces and Central Air in each unit, - new exterior drain system, - new decking on the second floor deck, new security locks, and new roof. All renovations recently finished, this investment is truly a turn key low maintenance property. This historic home is centrally located in the desirable Capital Hill neighborhood. This home has been turned into a triplex with a 1000 square foot one bed one bath unit in the basement. The 1090 Square foot main floor unit boasts a two beds one bath with its own laundry. Unit three is 1625 square feet on the second and third floor with three bedrooms and two bathrooms two balconies and a primary suite spanning the entire top floor. All units are rented. The top unit was recently owner occupied while renovations were being completed. This is a perfect setup for an owner occupied while renting the other two units. Carriage house in back alley is a separate property and separate owner. The basement is unit is leased through 5/31/2026 and has a non-conforming bedroom and kitchen. The main floor unit is leased through 9/30/2026 and the upper unit is leased through 1/1/2027. This property is a great investment opportunity with low startup maintenance.