Taryn Simental
BEDS6
BATHS6
SQUARE FEET3,090
MLS#3395871
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONEast Colfax
SCHOOLDenver 1
Listing Courtesy of:
Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: charles.burkhart@marcusmillichap.com,214-336-6064
Property Description
Marcus & Millichap is pleased to present 7721 E 14th Ave, a rare six-unit cottage-style multifamily investment opportunity located in the highly desirable East Denver submarket. Situated on a prominent 0.35-acre corner lot, the property consists of six fully renovated side-by-side residences that provide tenants with the privacy and feel of single-family living while offering investors the operational efficiencies of multifamily ownership. Each unit is complemented by a detached garage that is leased separately, creating an additional income stream and enhancing the overall tenant experience.The property is offered at a 7.35% Day One Cap Rate with the ability to increase to a 7.89% Year One Cap Rate, providing investors with immediate cash flow and continued income growth. In addition to its strong in-place operations, the unique side-by-side layout presents an attractive opportunity for a future condominium conversion or long-term redevelopment, offering multiple paths to create value. With its turnkey condition, differentiated product type, and desirable Denver location, 7721 E 14th Ave represents a compelling opportunity to acquire a high-quality asset with durable cash flow and long-term appreciation potential.
Property Features
Property Type: Multi Unit - Multiple
Cooling: None
Garage: 3
Heating: Radiant
Roof Type: Unknown
Stories: 1.0
Taxes: $5,401
Year Built: 1948
Feature Descriptions
Baths Total: 6
Exclusions: n/a
Lot: Level
Parcel#: 6042-04-022
Sewer: Public Sewer
Local Schools
High School: George Washington
Middle School: Hill
Elementary School: Montclair
School District: Denver 1
Listed By / Shown By
Listed By
Agency Name: Marcus & Millichap Real Estate Investment Services of Atlant
Agency Contact: charles.burkhart@marcusmillichap.com,214-336-6064
Shown By
Agent Name: Taryn Simental
Agent Phone: (719) 201-4231
Agency Title: The Cutting Edge, Realtors
Estimate Your Payment
Estimated Payment
$ 6,319.66 per month $5,541.45 Principal & Interest $450.08 Property Tax $328.13 Homeowner's InsuranceChange Payment Information
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7721 E 14th Avenue | MLS# 3395871
This multi-family property located at 7721 E 14th Avenue , Denver, CO 80220 is currently listed for sale with an asking price of $1,125,000. E 14th Avenue is located within the Denver 1 school district. Search Denver real estate on www.tarynsimental.com today.