CO > Denver > Cheesman Park
Denver, CO 80218,1442 Humboldt St N
Denver, CO 80218,1442 Humboldt St N
Denver, CO 80218,1442 Humboldt St N
Denver, CO 80218,1442 Humboldt St N
Denver, CO 80218,1442 Humboldt St N
Denver, CO 80218,1442 Humboldt St N
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Valarie Holman

Valarie Holman

Valarie Holman

+1(970) 237-1445
$ 1,500,000
Est. payment | /mo
Save
$ 1,500,000
Est. payment | /mo
Save

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Cheesman Park

MLS Listing ID 1026279

Bedrooms 10

HOA Y/N false

Originating Board IRES MLS

Year Built 1896

Annual Tax Amount $10,755

Lot Size 8,712 Sqft

Acres 0.2

Property Sub-Type Income Property

Property Description

We are pleased to present Humboldt Terrace, a 9-unit investment opportunity in Denver's historic Cheesman Park neighborhood. Built in 1896, Humboldt Terrace exudes charming and historical character while boasting updated, well-maintained features. Under the same family ownership and management since 2012, the community primarily features large one-bedroom apartments, including a studio and oversized two-bedroom apartments. All the units are in great shape, allowing investors to take advantage of income and asset value increases through a light value-add approach. The property also includes eight parking spaces in the alley, a coveted amenity in Central Denver. Humboldt Terrace is conveniently located off Colfax and Humboldt St, just minutes from Downtown Denver and within walking distance to many parks and recreational locations. This excellent location offers residents direct access to an abundance of dining and entertainment options on Colfax Avenue and over 600,000 jobs within a 20-minute drive. Additionally, Humboldt Terrace is within walking distance of Cheesman Park, one of Denver's premier green spaces. Humboldt Terrace's irreplaceable Cheesman Park location and unique historic charm, coupled with the shortage of housing options in the area, ensures the property will continue to see high renter demand. These factors and the opportunity to create additional value through a light renovation approach make this property an exceptionally attractive investment opportunity in one of Denver's most sought-after neighborhoods.

Location

State CO

County Denver

Area Metro Denver

Zoning U-RH-3A

Interior

Heating Forced Air

Cooling Ceiling Fan(s)

Appliance Electric Range/Oven

Laundry Common Area

Exterior

Roof Type Composition

Building

Story 2

Foundation Slab

Water City Water, City of Denver

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Teller

Middle Schools Morey

High Schools East

School District Denver District 1

Others

Senior Community false

Tax ID 502108014

SqFt Source Other

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by CBRE Inc • 9703723007

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1442 Humboldt St N

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Valarie Holman

+1(970) 237-1445 | val@valarieholman.com

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