1195 Birch Street in Denver's Hale neighborhood is a well-maintained, six-unit townhome-style building constructed in 1949. The property encompasses a total of 5,386 square feet and is situated on a 0.11-acre corner lot.
Building Style: Traditional, two-story brick construction.
Unit Mix: Three 2-bedroom, 1.5-bath units and Two 1-bedroom, 1-bath units
One studio apartment
Total Square Footage: 5,386 sq ft
Lot Size: 0.11 acres (4,969 sq ft)
Zoning: G-MU-5 (General Urban – 5 stories max)
Year Built: 1949
Roof: Concrete
Parking: Detached 3-car garage with concrete parking spaces
Laundry: Coin-operated facility in a separate outbuilding
Storage: Three storage sheds generating additional income
Utilities: Public water and sewer; natural gas, electricity, and internet access
Security: Secured garage parking and carbon monoxide detectors
Pets: Allowed(coldwellbankerhomes.com, zumper.com)
Nearby Attractions:
Rose Medical Center
Snooze (popular breakfast spot)
Trader Joe's
Swing Thai
Chook
Kochi Cafe
Frank & Roze Coffee Co.
culinary drop out
AMC 9 + co 10 movie theater
Lindsley Park (just a short stroll away)
Public Transit: Approximately 8 minutes to public transportation
??? Recent Improvements
The current owners have undertaken several upgrades:
Remediation of lead plumbing from the street to the building by Denver Water
Installation of new shut-off valves in the laundry room and meter pit
proffessioinally managed
?? Investment Potential
Each of the six units are legally seperated into condominiums
While currently sold as a single building, there is potential to divide and sell units separately in the future.
The building is 83% leased with tenants in place, making it an attractive option for investors seeking immediate rental income.
For more detailed information or to view the property, you can call Charles Smith : # 303 320 4004 Email: clsmith@APSE.net
assumeable 1% Loan in place ($350,000)
Property is income resticted by the city of Denver ( 80% AMI)
annual rent increases permited