940 N Downing Street, Denver

DISCLAIMER: 940 Downing must be purchased with 944 Downing.

940-944 Downing presents the rare opportunity for an investor to own two classic converted mansions on two assembling parcels in one of Central Denver’s premier locations. Just across the street from King Soopers and around the corner from a variety of popular neighborhood bars, taverns, and coffee shops, the properties boast a location that will continue to attract tenants seeking both convenience and vibrancy.
940 Downing is a fully renovated triplex that’s comprised of two 1-bedroom and one 2-bedroom unit. Each apartment features top-of-the-line finishes including oak flooring throughout, custom kitchens that boast high-end cabinets and new concrete countertops. 944 Downing is a 4-unit building that features a strong unit mix of two 1-bedroom and two 2-bedroom units. Each apartment features spacious layouts, original hardwood floors and other vintage features that tenants love. A site development plan has been approved by the city for a 3-unit carriage house behind both properties. A new owner will have the option to immediately cash flow
from two well-maintained buildings or significantly increase returns by updating the existing residences and adding three additional units.

NorthPeak Commercial Advisors, LLC.

Essential Information

MLS® #1542093

Price$905,000

Bathrooms0.00

Square Footage2,550

Acres0.00

Year Built1904

TypeIncome

Sub-TypeIncome

StatusActive

Community Information

Address940 N Downing Street

SubdivisionCheesman Park

CityDenver

CountyDenver

StateCO

Zip Code80218

Amenities

ViewCity

Utilities

Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available

Interior

HeatingFloor Furnace

CoolingNone

StoriesTwo

Has BasementYes

BasementFinished

Exterior

Exterior FeaturesPrivate Yard

RoofArchitecural Shingle

FoundationBlock

School Information

DistrictDenver 1

ElementaryDora Moore

MiddleDora Moore

HighEast

Additional Information

Date ListedFebruary 5th, 2024

Parking Spaces3

# of Garages1

NorthPeak Commercial Advisors, LLC

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