CO
Denver
Denver
80204
1000 N Tennyson Street
1000 N Tennyson Street, Denver, CO 80204
Share Listing
Listing Type
Multi Family
Listing Status
Active
10
$799,000

Home Details for 1000 N Tennyson Street

Price
$799,000
Type
Residential Income
Bedrooms
6
Total Bathrooms
3
Square feet
2120
Year built
1943
Lot size acres
0.29
County
Denver
Garage
2
Basement
Finished
Days on site
110
MLS Listing#
2777251
Property Description

Priced reduced again to attract strong interest! This is now priced below market for a quick sale! Seller is open to reviewing all offers. Triplex and Covered Land Play with Strong In-Place Income on a Rare 12,500 SF Double Lot. 1000 Tennyson St is a 3-unit situated on an oversized 12,500 SF double lot in one of Denver’s rapidly evolving urban corridors. This asset offers investors a compelling combination of stable cash flow today and significant future development upside. The property consists of three updated residential units plus a detached garage, generating $75,180 in annual gross income and $65,003 in NOI, equating to a 8.14% cap rate at the list price. All units have been updated over the ownership, providing immediate operational stability with minimal near-term capital requirements. Beyond the high cap rate/cash flowing income, the true value lies in the land. The oversized double lot creates a clear and executable path for redevelopment. By right, an investor can split the lot and construct two duplexes (4 total units) without rezoning. For those seeking higher density, the City has indicated the potential to develop up to 20 units with a successful rezoning, making this a prime long-term hold or redevelopment opportunity. Whether you’re an investor looking to land bank with strong yield, or a developer seeking a scalable infill project in a high-demand Denver location, 1000 Tennyson delivers flexibility, income, and upside.

Property Features
  • Utilities
    • Natural Gas Available
    • Electricity Connected
    • Natural Gas Connected
  • Cooling Information
    • Evaporative Cooling
  • Heating Information
    • Forced Air
  • Water Features
    • Public
  • Basement
    • Finished
School Information
School Information for 1000 N Tennyson Street, Denver, CO 80204
Elementary School
Cowell
Middle School
Lake
High School
North
Listing Courtesy: Pinnacle Real Estate Advisors - 303-962-9555
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EXIT MOSAIC REALTY
7173 S. Havana St., #A-600, Centennial, CO 80112
Office
949 667 2421
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