5355 Quitman, Denver, CO 80212
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
5355 Quitman,Denver, CO 80212
$950,000
- 8 Beds
- 4 Baths
- 3,400 sq. ft.
- Multi-family
- Active
Listed by: brady efting, chad goodale
Office: compass - denver
MLS#:8926338
Source:ML
Price summary
- Price:$950,000
- Price per sq. ft.:$279.41
About this home
Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market.
Four separately accessed units (8 beds / 4 baths / 4 kitchens) each with washer/dryer hookups and dedicated living spaces create flexible tenant configurations and reliable cash flow.
Property was renovated three years ago it has been well-maintained and is in good condition, reducing near-term maintenance risk and supporting future rent growth.
Two oversized 1-car garages offer immediate income streams, while the large 13,300 sq ft lot presents a longer-term redevelopment play to scrape and build higher-end duplex product with mountain views, subject to buyer verification of zoning and entitlements.
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Home facts
- Year built:1971
- Subdivision & Development:Berkeley Gardens
- Listing ID #:8926338
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Carpet, Vinyl
- Kitchen Description:Dishwasher, Disposal, Oven, Range, Refrigerator
- Basement Description:Finished, Full
- Living area:3,400 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1971
- Building area:3,400 sq. ft.
- Lot Features:Level
- Construction Materials:Frame
- Exterior Features:Deck, Patio, Private Yard
- Levels:1 Story
Schools
- High school:Westminster
- Middle school:Tennyson Knolls
- Elementary school:Tennyson Knolls
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$950,000
- Price per sq. ft.:$279.41
- Tax amount:$7,641
Features and amenities
- Laundry features:Dryer, In Unit, Washer
Parking
- Garage spaces:2
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