1361 Humboldt St Denver, CO 80218

Located in Denver's Cheesman Park neighborhood, 1361 Humboldt Street is a nine-unit multifamily property. Constructed in 1928, the all-brick building includes eight one-bedroom units and one two-bedroom unit, with various upgrades completed over the last 10 years. The building sits on a 4,690-SF lot. The pitched roof is estimated to be 15 years old. The main boiler, which provides heat, was replaced in 2024, and the plumbing and electrical systems were replaced in 2007. The property is individually metered for electricity, which is paid directly by the residents, and master metered for gas and water, which the owner pays. An on-site laundry facility is currently free for residents. The property has zero landscaping to maintain and street parking only. This property presents a value-add opportunity for an investor to increase rent to market value and collect additional income by charging for utilities, pets, and laundry. The 80-acre Cheesman Park is within walking distance, offering open spaces, the Denver Botanical Gardens, festivals, events, restaurants and bars.