540 East 1st Avenue

Denver, CO 80203

$720,000
Last Sold Price
4
Beds
4
Baths
2,438 Sq. Ft.
$295 / Sq. Ft.
2,438
Sq. Ft.
$295
per Sq. Ft.

Description

Priced reduced to sell. Don't let this one slip out of your hands. Contact the listing broker directly to set up a tour.
540 E 1st Ave is centrally located in one of Denver's most popular residential neighborhoods. The unit mix consists of one 2Br/2Ba unit and two 1Br/1Ba units. The main floor unit as well as the top floor unit are equipped with washers and dryers, which is a rare feature. Additionally, the property offers a considerable amount of off-street parking. Given the properties' prime location,
...Priced reduced to sell. Don't let this one slip out of your hands. Contact the listing broker directly to set up a tour.

540 E 1st Ave is centrally located in one of Denver's most popular residential neighborhoods. The unit mix consists of one 2Br/2Ba unit and two 1Br/1Ba units. The main floor unit as well as the top floor unit are equipped with washers and dryers, which is a rare feature. Additionally, the property offers a considerable amount of off-street parking. Given the properties' prime location, tenants are able to enjoy some of Denver's best local amenities. Tenants are just one block from Rosebuds Café and are minutes away from the Cherry Creek trail and Alamo Placita Park. New owners have the ability to make minor improvements, such as updating the landscaping, which will make the property more appealing to future tenants. By making some minor improvements to the current condition of the units, new owners should be able to raise rents by a considerable amount. 540 E 1st has the opportunity to become the next best trophy asset in one of Denver’s most popular neighborhoods! Recommended improvements are as follows: Complete Unit Renovations, Landscaping/Curb Appeal, Exterior Paint Job
  1. Listed by Philip Dankner • Unique Properties LLC

Property Details for 540 East 1st Avenue

Structure Type
Triplex
Architectural Style
Denver Square, Victorian
Levels
Three Or More
Stories
3
Subdivision Name
Waddell and Machen's
Association
No
Basement
Yes

Location

Listing Courtesy of Unique Properties LLC, Philip Dankner

Sold By Unique Properties, Philip Dankner

Add your commute
LISTING UPDATED: 02/27/2023 05:06 PM

Property Details for 540 East 1st Avenue

StatusClosed
MLS #2759357
Days on Compass62
Taxes$3,490 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1901
Lot Size0.05 AC / 2,290 SF
CountyDenver County

Location

Listing Courtesy of Unique Properties LLC, Philip Dankner

Sold By Unique Properties, Philip Dankner

Add your commute

Building Information for 540 East 1st Avenue

Stories-Residences-Year Built1901Building Size-Lot Size0.05 AC / 2,290 SF

Payment Calculator

$4,220 per month

30 year fixed, 7.25% Interest

Principal and Interest

$3,929

Property Taxes

$291

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 540 East 1st Avenue

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 2438
  • Sqft Total: 2438
  • Living Area (SqFt Finished): 2438
  • Above Grade Finished Area: 1754
  • Living SqFt: 1754
  • Sq Ft Apx: 684
  • Below Grade Unfinished Area: 0
  • Area Source: Public Records
  • PSF Total: 295
  • PSF Above Grade: 410
  • PSF Finished: 295
  • Master on Main: No
  • Basement: Finished, Partial
  • Heating: Forced Air
  • Cooling: Central Air
Bed & Bath Summary
Bedrooms
  • Bedrooms Total: 4
Bathrooms
  • Bathrooms Total: 4
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $800.00
  • Unit Average Sq Ft: 735
  • Description: Basement 1B, 1BA
Unit 2
  • Unit Type: 1 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,000.00
  • Unit Average Sq Ft: 791
  • Description: Main Floor 1B, 1BA
Unit 3
  • Unit Type: 2 Bedroom
  • Units Total: 1
  • Unit Average Rent: $1,300.00
  • Unit Average Sq Ft: 1108
  • Description: Second Floor 2B, 2BA
Parking
Parking
  • Attached Garage: No
  • Parking Type: None
  • Parking Description: None-0
  • Parking Details: 0
  • Parking Total: 1
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 0
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
  • Senior Community: No
Site & Location Information
School Information
  • Elementary School: Dora Moore
  • Elementary School District: Denver 1
  • Middle Or Junior School: Dora Moore
  • Middle Or Junior School District: Denver 1
  • High School: South
  • High School District: Denver 1
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 2290
  • Lot Features: Level
  • Zoning: G-MU-3
  • Property Exclusions: N/A
Building Information
Green Features
  • Green Verification Count: 0
Outbuildings
  • Out Building Count: 0
  • Horse: No
Building Information
  • Construction Materials: Brick
  • Roof: Composition
  • Exterior Features: Balcony, Private Yard, Rain Gutters
  • Patio And Porch Features: Front Porch, Patio
  • Livable Structure Count: 0
  • Unit Count: 3
Water & Utilities
Water & Utilities
  • Water Source: Public
  • Sewer: Public Sewer
  • Electric: Separate Meter Electricity

Property History for 540 East 1st Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 540 East 1st Avenue

Taxable ValueLand$21,760Additions$22,790Total$44,550
Tax Record2023$3,452 ($288 / month)
Home Facts
Beds4Baths4Total Finished SqFt2,438 SqFtAbove Grade Finished SqFt1,754 SqFtFinished Basement SqFt684 SqFtStories3Lot Size2,290 SqFtStyleSingle Family ResidenceYear Built1901ZoningG-MU-3CountyDENVERAPN05104-03-032-000

Schools near 540 East 1st Avenue

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Dora Moore ECE - 8th Grade School
PublicPK to 8

Grant Middle School
Public6 to 8

South High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Unique Properties LLC, Philip Dankner

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