Off-Market Condo: , Unit 3 at 1368 N Downing St, Denver, CO 80218

1368 N Downing St, Denver, CO 80218

- #3

$256,777

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $115 per day and long-term for an average of $1,432 per month, based on similar listings in the area. Estimated short-term cap rate of 4.0%. Estimated long-term cap rate of -1.6%. Welcome to your downtown Denver retreat, a perfect blend of urban chic and rustic charm. This captivating studio features an open, efficient layout that seamlessly combines living, dining, and sleeping spaces, creating a flexible and inviting environment. High ceilings and expansive windows flood the space with natural light, offering stunning views of Denver's skyline and the Rocky Mountains beyond. The character-rich exposed brick, artisan-crafted solid hardwood floors, and sleek ceramic tile reflect Denver’s industrial roots, while contemporary finishes, including stainless steel appliances and stylish fixtures, bring a modern edge. The well-appointed kitchen features sleek, space-saving cabinetry, maximizing storage while providing a cozy area ideal for seasonal gatherings or doubling as a convenient workstation. Minimalist lighting and chic ceiling fan throughout the space add both functionality and a stylish, modern touch. In-unit laundry facilities make freshening up quick and easy, so you can enjoy the building’s shared amenities—perfect for socializing or unwinding after a day in the vibrant city. With Denver’s top attractions, dining, and cultural spots just steps away, this downtown studio offers the ideal balance of comfort, convenience, and urban energy for professionals or anyone drawn to a dynamic lifestyle.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$324
Rental Policy
daily
Yearly Taxes
$976
Bedrooms
1
Bathrooms
1
SQFT
591
Furnished
N/A
Year built
1901
Listing Status
Off Market
MLS
3631772

Short-term Rental Potential
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$31,524

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$434

Price/SQFT

Long-term Rental Potential
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$17,184

Revenue
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Profit
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Cap rate
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Cash on Cash
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$1,432/mo

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