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Denver, CO 80206

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Presented By: Graham & Johnson Real Estate; LDegan@GandJrealestate.com,303-667-5470
  • MLS# 8619051
  • 06/23/2025
  • Request Tour
  • Request Info
  • Beds • 6
  • Baths • 3
  • SQFT • 2,538
  • Garage • 3

Home Details

7.7% CAP RATE! Excellent opportunity to own a fully remodeled triplex close to Denver's popular RiNo district! This listing is for 4435, 4445, and 4455 Elizabeth. This property is a low-maintenance gem that provides plenty of options for an investor. The 3 units together add up to an impressive rent roll. With their stylish finishes and cute exterior, they are easy to fill with no vacancies/gaps. An investor could choose to keep the long term leases, or eventually house hack by living in one unit and offering the other two as rentals for a fabulous income upside. The units are are also split into individual parcels so they could be sold off as individual townhomes, or recombined into one parcel. All three units are ~850sqft, 2beds/1bath and all offer sunny, spacious living areas and bedrooms, plus 10' vaulted ceilings throughout (bedrooms included)! The kitchens feature space for an eat-in table, and also have new white shaker cabinets, quartz countertops, stainless steel appliances, and chic backsplashes! Every bathroom has been redone with modern tile and vanities. Additional recent upgrades in this triplex include; AC units, roof, windows, appliances, tankless water heaters and high-end Samsung W/D in each unit, and a sprinkler system to boot. All units feature private, fenced-in yards and off-street parking spots in the back & sides. Additional storage space are included in the backyard storage sheds in 4435 and 4455, as well as crawl spaces under each unit. With all the recent upgrades, this is an incredibly low maintenance property and offers phenomenal options and upsides for a savvy investor! These units are located walking distance from RiNo hotspots such as Brasserie Brixton, Cohesion Brewing, Bigsby's Folly, and the Mission Ballroom! They are less than 10 minutes from downtown Denver and City Park and walking distance to the new Central-70 Cover Park and Dunham Park. Denver has committed to hundreds of millions of dollars in upgrades in this area!
Presented By: Graham & Johnson Real Estate; LDegan@GandJrealestate.com,303-667-5470

Interior Features for

Bedrooms

Total Bedrooms6

Bathrooms

Total Baths3

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area2538
Air Conditioning Y/NYes
BasementCrawl Space
Below Grade Finished Area
Fireplace Y/NNo
Heating Y/NYes
Interior AmenitiesEat-in Kitchen, Cathedral/Vaulted Ceilings

General for

AccessibilityNo Stairs
AppliancesDishwasher, Washer, Dryer, Microwave, Disposal
Architectural StyleRanch
Attached Garage No
Cap Rate7.699999
CityDenver
Construction MaterialsBrick/Brick Veneer, Concrete
CountyDenver
ElectricSeparate Meter Electricity
Elementary SchoolSwansea
ExclusionsTenants personal property
Garage Spaces3
Garage Y/NYes
Gas Y/NSeparate Meter Gas
Green Water ConservationEfficient Hot Water Distribution
Gross Income83460
HOANo
HeatingForced Air
High SchoolManual
High School DistrictDenver 1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet8106
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolMcauliffe Manual
Net Operating Income77038
New ConstructionNo
Number Of Units Total3
Operating Expense6422
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofFiberglass
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Subdivision NameElyria Swansea
Tax Annual Amount1811.38
Tax Year2024
Tenant PaysGas, Electricity, Water, Trash Collection
Year Built1962

Exterior for

Building Area Total2538
Covered Spaces3
Horse Y/NNo
Lot Size Acres0.19
Lot Size Area8106
Other ParkingParking Per Unit(1 Space/Unit)
SpaNo
Waterfront Y/NNo

Additional Details

Price History

Schools

High School Manual High School
Middle School Mcauliffe Manual Middle School
Elementary School Swansea Elementary School

Nathan Washam

Broker/Owner
Price $1,000,000
MLS#8619051
List Date 06/23/2025
Property Type Income
Phone 970.988.8295
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