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8001 E 16Th Ave Denver, CO 80220

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For Sale
$699,000

Full duplex in East Colfax with high CAP rate.

Lot size:
0.14 Acres

Property Features for 8001 E 16Th Ave

General Information

Lot size
0.14 Acres

Building Details

Year built
1925

Source: Five Four Real Estate, LLC Agent Brynn Cerese

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

East Colfax Full Duplex

This is a full duplex located in the East Colfax neighborhood. The property has a 6.8 CAP rate. Each unit measures 835 square feet on the main floor and an additional 835 square feet in the basement. The layout of each unit includes two bedrooms and one bathroom upstairs, with a full unfinished basement that offers the potential to add two more bedrooms and a bathroom, effectively creating four-bedroom, two-bath units. Each unit has its own side yard, and there are four off-street parking spaces available. The property is located 1.5 miles from Stanley Marketplace, 2.5 miles from City Park, and 6 miles from Coors Field, with convenient access to Denver International Airport. The property presents an opportunity for owner occupancy and potential for use as an AirBnB.
Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.8949612
Latitude
39.7420772

FAQs

What type of property is this?
Duplex - Full duplex in East Colfax with high CAP rate.
Where is this duplex located?
The property is located at 8001 E 16Th Ave Denver, CO.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: - High 6.8 CAP rate.; - Large units totaling 1,670 sq ft, with 835 sq ft on the main floor and an additional 835 sq ft in the basement.; - Add value by finishing basements, creating desirable 4 bed/2 bath units.
More about this property
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