3014 E 17th Avenue presents a compelling opportunity to acquire a five-unit multifamily property directly across from Denver’s City Park, with seller financing offered at 5.5% interest, interest-only payments, and a 3-year balloon. These attractive financing terms provide investors with the opportunity to reduce near-term debt service and preserve cash flow while acquiring a well-located central Denver asset. The property consists of five residential units and features desirable amenities for an urban setting, including a detached two-car garage, shared backyard garden, and onsite laundry room. Its location directly across from City Park gives residents immediate access to expansive green space, walking and biking paths, lakes, City Park Golf Course, the Denver Zoo Conservation Alliance, and the Denver Museum of Nature & Science. Nearby East 17th Avenue and Colfax Avenue offer an established mix of restaurants, cafés, shopping, and entertainment, with convenient access to major healthcare and employment centers throughout central Denver. With 5.5% interest-only seller financing, a 3-year balloon, five existing units, garage parking, and an exceptional location directly across from City Park, 3014 E 17th Avenue offers investors a distinctive combination of favorable acquisition terms and long-term location appeal.
Property details
Property
Type
Quadruplex
MLS type
Residential Income
Status
Active Under Contract
Year built
1925
Stories
2
Living area
5,505 sqft
Price / sqft
$218
Lot
0.14 AC / 6,240 SF
MLS #
4641582
Interior
Features
Finished
Flooring
Tile, Vinyl, Wood
Heating
Hot Water
Cooling
Air Conditioning-Room
Fireplaces
2
Laundry
Common Area
Exterior & lot
Features
Balcony, Private Yard
Roof
Shingle
Fence
Full
Garage spaces
2
Schools
District
Denver 1
Elementary
Teller
Middle
Morey
High
East
Utilities
Water
Public
Sewer
Public Sewer
Financial
Annual tax
$7,260
Parcel
236302001
Special conditions
None Known
Location
Subdivision
City Park
County
Denver
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Listed by Michelle Glass, Keller Williams Integrity Real Estate LLC