1341 Cook St Denver, CO 80206-2647

This exceptional 17-unit apartment building, located at 1341 Cook St in Denver, Colorado's desirable Congress Park neighborhood (zip code 80206), presents a compelling investment opportunity. The property, built in 1968 and situated on a 5,943 square foot lot, boasts a total of 9,113 square feet. All 17 units have undergone a complete renovation, featuring custom kitchens, brand new bathrooms, new flooring, designer fixtures, and in-unit washer/dryers. The unit mix includes five two-bedroom units and twelve one-bedroom units, offering a diverse tenant base. Significant capital improvements include a new roof (2020), a new boiler (2022), vinyl windows, updated stairs and walkways, and a brand new stamped concrete patio with new exterior fixtures. Six off-street parking spaces are available, currently leased at $100 per month each. The property's prime location, just four blocks from City Park, is surrounded by multi-million dollar homes, vibrant nightlife, and convenient public transportation. With a current NOI of $278,441 and a pro-forma NOI of $290,782, this property offers a 5.30% cap rate and a pro-forma cap rate of 5.50%. The asking price is $5,250,000, translating to $308,824 per unit and $576 per square foot. The permitted zoning is U-RH-3A. This turnkey property is ideal for investors seeking predictable cash flow and easy management in a highly sought-after Denver location.