Neagle Addition Homes with Denver 1 School District

Welcome to Neagle Addition, a hidden gem nestled in the heart of Denver, Colorado. This charming neighborhood offers a unique blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike. With its tree-lined streets and friendly atmosphere, Neagle Addition exudes a sense of community that’s hard to resist.

One of the standout features of Neagle Addition is its proximity to the vibrant downtown Denver area, where you can enjoy a plethora of dining, shopping, and entertainment options. The neighborhood is also conveniently located near parks and recreational facilities, providing ample opportunities for outdoor activities. Whether you’re taking a leisurely stroll in the nearby parks or enjoying a picnic with friends, Neagle Addition offers a perfect backdrop for an active lifestyle.

Families will appreciate the quality education provided by the Denver 1 School District, which serves the area. With a commitment to academic excellence and a wide range of extracurricular activities, schools in this district ensure that students receive a well-rounded education. Parents can feel confident knowing their children are learning in a supportive and nurturing environment.

The homes in Neagle Addition reflect the neighborhood’s character, showcasing a variety of architectural styles that cater to different tastes. From charming bungalows to modern townhomes, there’s something for everyone. With a strong sense of community and a prime location, Neagle Addition is not just a place to live; it’s a place to thrive. Come discover your new home in this delightful Denver neighborhood!

Newest Neagle Addition Homes with Denver 1 School District

$600,000

7 Beds ⋅ 3 Baths ⋅ 3061847 MLS

Marcus & Millichap is pleased to present the exclusive opportunity to acquire 5109 E 34th Ave, a stabilized three-unit multifamily investment located in Denver’s North Park Hill neighborhood. Offered at $600,000, the property provides investors with an attractive 5.97% current cap rate with projected expansion to 6.75% in Year One, combining strong in-place cash flow with meaningful organic income growth. The property generates $35,816 in current NOI with projected growth to $40,477 in Year One, representing approximately 13% NOI expansion. The diversified unit mix consists of one 1 Bed / 1 Bath, one 2 Bed / 1 Bath, and one 4 Bed / 1 Bath unit, providing exposure to multiple renter profiles within a single small-scale multifamily investment. Below-market rents on portions of the property create a clear path to additional income through natural lease rollover rather than significant capital investment. Located in North Park Hill with convenient access to Downtown Denver, City Park, major transportation corridors, and the broader Central Denver employment base, 5109 E 34th St combines an established residential location with an attainable acquisition price and visible Year One yield expansion. The offering represents a differentiated opportunity for investors seeking stable in-place cash flow, manageable operations, and continued income growth within the Denver MSA.

5109 E 34th Avenue, Denver

Courtesy of Marcus & Millichap Real Estate Investment Services of Atlanta, Inc. . charles.burkhart@marcusmillichap.com,214-336-6064

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