1035 East 11th Avenue
1035 East 11th Avenue
$875,000
3
3
3,572
3,572
$245
Closed 5/19/22
Description
Amazing live/work or rental opportunity in the heart of Capitol Hill! 1035 E 11th is a beautiful 3-unit apartment building that can continue to be operated as apartments, with the bonus of the zoning (G-MS-3) allowing for a wide range of uses including live/work, art studio, bed and breakfast. The units offer vintage features with modern touches making this attractive for a wide range of renters. The building was recently painted and has a newer roof and gutters (2016), and there has been a no pet...Amazing live/work or rental opportunity in the heart of Capitol Hill! 1035 E 11th is a beautiful 3-unit apartment building that can continue to be operated as apartments, with the bonus of the zoning (G-MS-3) allowing for a wide range of uses including live/work, art studio, bed and breakfast. The units offer vintage features with modern touches making this attractive for a wide range of renters. The building was recently painted and has a newer roof and gutters (2016), and there has been a no pet and no smoking policy in place for 20+ years. The property consists of one large (450sf) studio, one large (700sf) 1-bedroom and one very large (1150sf) 2-bedroom, with each unit containing its own unique layout. The first floor consists of the large 2-bedroom unit which includes hardwood floors, bay window, fireplace, and a newly renovated bathroom. The second floor is split into a studio and a 1-bedroom, both of which could be expanded into the large attic space accessed by a future spiral staircase. Rents are well below market - two of the units have had very long-term tenancies and are over $100/month below market. An investor can cashflow a well-kept building in an A+ location, or make updates to the units including new appliances, updated fixtures, new countertops and expanding the units to increase rents considerably and add to the overall value.
- Listed by Conner Piretti • NorthPeak Commercial Advisors, LLC
Property Details for 1035 East 11th Avenue
Structure Type
Triplex
LevelsTwo
Stories2
Subdivision NameBrown Smith & Porters Add To Denver
AssociationNo
BasementYes
Location
LISTING UPDATED: 05/23/2022 01:05 PM
Property Details for 1035 East 11th Avenue
Status | Closed |
---|---|
MLS # | 9344374 |
Days on Compass | 21 |
Taxes | $3,609 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1907 |
Lot Size | 0.08 AC / 3,550 SF |
County | Denver County |
Location
Building Information for 1035 East 11th Avenue
Stories-Residences-Year Built1907Building Size-Lot Size0.08 AC / 3,550 SF
Payment Calculator
$5,076 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 1035 East 11th Avenue
Property History for 1035 East 11th Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1035 East 11th Avenue
Taxable ValueLand$20,100Additions$28,720Total$48,820
Tax Record2023$3,783 ($315 / month)
Home Facts
Beds3Baths3Total Finished SqFt2,360 SqFtAbove Grade Finished SqFt2,360 SqFtStories2Lot Size3,550 SqFtStyleSingle Family ResidenceYear Built1907ZoningG-MS-3CountyDENVERAPN05022-31-028-000Fireplace TypeHas Fireplace
Schools near 1035 East 11th 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 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Dora Moore ECE - 8th Grade School PublicPK to 8 | ||
Morey Middle School Public6 to 8 | ||
East High School Public9 to 12 | ||
Denver School Of Innovation And Sustainable Design 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.
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