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1440 N Corona Street
Denver, 80218
FOR
SALE
$1,350,000
Active
6
Beds
4
Baths
3
Garage
3,743
Sq.Ft.
0.10
Acres
MLS# 5430253
Cumulative Days on Market: Less than 1 (since March 21st, 2025) Data provided by the MLS.

Property Details

Amazing location in the heart of central Denver in Cap Hill. Vacant lot between this property and Colfax is slated for an A grade residential complex with commercial on the ground floor. An example can be seen just to the East of the vacant lot on Colfax which improves the neighborhood. This fully rented 4 unit property has had major updates performed by the current owners in the past 2+ years including: cast iron and galvanized plumbing line replacement with ABS piping and PEX tubing (over 50%), two new mini-split systems installed in the upper unit for heat and A / C, new laminate flooring in unit 2 replacing carpet and tile, new wrought iron fence with gate, new fences with gates and digital keypad access, repairs to back wall, exterior motion lights installed, new exterior paint including all soffits, fascia, doors, trim, and backyard walls. Laundry and storage in the basement for all units. Built in 1904, this property fits into a desirable class of property that combines the beauty of days gone by and modern efficiency and convenience. Owners have spent $50k on architectural work / renderings and initial permitting for an ADU built where the existing garage is. The garage has not been rented to accommodate the work so an additional $3, 600 can be added to income values.

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Property Highlights

Price
$1,350,000
Property Type
Residential Income
Property Sub Type
Quadplex
Architectural Style
Denver Square
Bedrooms
6
Total Bathrooms
4
Living Area
3,100
Price / Sq Ft
$435
Acres
0.10
Year Built
1904

Location

County
Denver
Direction Faces
West
Subdivision
Capital Hill
Zoning
G-MU-5

Property Details

Price
$1,350,000
Property Sub Type
Quadplex
Property Type
Residential Income

Building

Levels
Three Or More
Structure Type
Quadruplex
Total Area
3,743

Community

Local Schools

Elementary School
Dora Moore
High School
East
Middle School
Morey
School District
Denver 1

Interior Features

Bedrooms and Bathrooms

Bedrooms
6
Total Bathrooms
4

Rooms and Basement

Basement Features
Interior Entry, Partial, Walk-Out Access
Has Basement
Yes

Area and Spaces

Above Grade Finished Area
3,100
Living Area
3,100

Appliances

Appliances
Dishwasher, Disposal, Dryer, Gas Water Heater, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer

Interior Features

Electic
220 Volts
Flooring
Tile, Wood
Interior Features
Ceiling Fan(s), Entrance Foyer, Granite Counters, High Ceilings, Laminate Counters, Smoke Free, Walk-In Closet(s)
Laundry Features
In Basement, In Unit

Heating and Cooling

Fireplaces
4
Heating Features
Electric, Forced Air, Natural Gas

Building Details

Construction

Architectural Style
Denver Square
Foundations
Concrete Perimeter
Year Built
1904

Materials

Construction Materials
Brick, Concrete
Roof
Composition

Terms

Commercial

Cap Rate
5.00

Terms

Exclusions
Tenant's personal property
Ownership
Corporation/Trust
Special Conditions
None
Special Terms
1031 Exchange, Conventional, Jumbo

Taxes

Tax

Tax (Annual)
$6,055

Heating, Cooling & Utilities

Cooling Features
Central Air

Utilities

Sewer
Public Sewer
Utilities
Cable Available, Electricity Available, Natural Gas Connected, Phone Available
Water Source
Public

Lot

Acres
0.10
Lot Features
Level
Lot Size
4,500
Lot Size Area Sq Ft
4,500

Exterior Features

Exterior Features
Balcony, Private Yard, Rain Gutters
Patio And Porch Features
Covered, Front Porch, Patio

Parking

Garage Capacity
3
Parking Features
Concrete, Lighted
Total Parking Spaces
3
Listed by Mapleton Management Inc., dale@mapletonmgmt.com.
Listing Data last updated 03/22/2025 07:20 am
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Property History

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Property information last updated
Today
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: Less than 1. Data provided by the MLS.

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Listings courtesy of REcolorado as distributed by MLS GRID IDX information is provided exclusively for consumers' personal non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. Based on information submitted to the MLS GRID as of 03/22/2025 07:20 am. All data is obtained from various sources and may not have been verified by broker or 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. Properties displayed may be listed or sold by various participants in the MLS.
Listing Data last updated: 03/22/2025 07:20 am
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