Neagle Addition Real Estate

Neagle Addition Real Estate

Welcome to Neagle Addition, a hidden gem nestled in the vibrant heart of Denver, Colorado. This charming neighborhood is known for its rich historical roots and a sense of community that makes it a desirable place to call home. With tree-lined streets and a mix of architectural styles, Neagle Addition showcases a delightful blend of vintage homes and modern renovations, appealing to a variety of tastes.

One of the standout features of Neagle Addition is its proximity to some of Denver's most beloved parks and recreational areas. Residents enjoy easy access to the expansive City Park, where they can unwind with a picnic, take a leisurely stroll, or engage in outdoor activities. The neighborhood’s location also provides convenient access to the Denver Zoo and the Denver Museum of Nature & Science, making it an ideal spot for families and nature enthusiasts alike.

As for local amenities, Neagle Addition boasts a range of charming cafes, boutique shops, and restaurants that cater to diverse culinary preferences. Whether you’re in the mood for a cozy brunch or an evening out, you’ll find an array of options just a stone’s throw away. The neighborhood is also well-connected to public transportation, ensuring that the vibrant downtown Denver scene is just minutes away.

In Neagle Addition, community spirit thrives. Regular neighborhood events and gatherings foster connections among residents, creating a warm and welcoming atmosphere. With its unique blend of suburban charm and urban convenience, Neagle Addition is truly a wonderful place to live, work, and play. Come discover why so many are falling in love with this enchanting Denver neighborhood!

Newest Listings in Neagle Addition

$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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