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3251 Olive St, Denver
$1,200,000
2104014 MLS ⋅ CLOSED Status
3251-3263 Olive St. is an attractive 6-unit apartment building located in the Park Hill neighborhood of Denver. The building features (5) 2Bd/1Ba and (1) 3Bd/1Ba units situated in a side-by-side layout which is always preferred by both tenants and investors. The property is currently 100% occupied with proven stability of income. This listing boasts a current 6.8% cap rate on real income and expenses. With modest rent increases, investors can improve this to a 7.3% cap rate. Current ownership completed a full overhaul of the property in 2016 including a new roof, full electrical upgrade, new plumbing throughout, new furnaces, in-unit laundry, and full unit remodels. All units have their own gas (separate furnaces) and electric meters which reduce ownership expenses. Tenants enjoy access to their private laundry, 7 parking spaces for the 6 units, and 4 of the units having access to fenced in back yards. For the right investor, this is a high cash flowing deal with no deferred maintenance in a great neighborhood of Denver. Highlights: Full property renovation in 2016 including new: roof, full electrical upgrade, furnaces, in-unit laundry, plumbing throughout, and full unit remodels Premium 2bedroom and 3bedroom floor plans with in-unit laundry Separately metered for both gas and electric which tenants pay directly High returns on day 1 of ownership - 6.8% cap rate! Attractive Park Hill location

3251 Olive St, Denver
3255 Pontiac St, Denver
$398,000
2 Beds ⋅ 1 Baths ⋅ 8286225 MLS ⋅ CLOSED Status
Shopping in Denver, but tired of homes that feel dated or come with a project list you did not ask for? This renovated attached home has you covered, with fresh interior finishes, usable outdoor space, and a detached 1-car garage in a package that feels smart, stylish, and easy to enjoy. From the curb, the home makes a memorable first impression with a charming blue front door, fresh sod, horizontal wood fencing, and a fenced front yard that gives the property a welcoming sense of privacy. Inside, the bright living area features new flooring, updated lighting, crisp finishes, and efficient mini-split heating and cooling for year-round comfort. The kitchen is a home chef's delight with updates everywhere you look: quartz countertops, stainless steel appliances, a stainless hood vent, white cabinetry, warm wood accents, tile backsplash, and a peninsula that adds prep space, casual seating, and a perfect spot for morning coffee. The bathroom brings its own designer moment with subway tile, gold hardware, modern fixtures, and a bold green vanity that gives the space personality without feeling overdone. In-unit laundry adds everyday convenience. Outside, you still get the things that matter most: fenced yard space, a detached garage, and privacy that is getting harder to find at this price point. The garage adds protected parking and valuable storage for bikes, tools, skis, or whatever Colorado living requires. Located in Northeast Park Hill, the home offers convenient access to neighborhood parks, City Park, Central Park amenities, local dining and coffee, I-70, and downtown Denver. Renovated, practical, and move-in ready, this is a strong opportunity for anyone looking for style, function, and value in Denver.

3255 Pontiac St, Denver

Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.


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