Neagle Addition Homes with Denver 1 School District

Welcome to Neagle Addition, a charming neighborhood nestled in the heart of Denver, Colorado. Known for its vibrant community spirit and picturesque tree-lined streets, Neagle Addition offers a delightful blend of urban convenience and suburban tranquility. This hidden gem is just minutes away from the bustling downtown area, allowing residents to enjoy a plethora of dining, shopping, and entertainment options while still retreating to a peaceful home environment.

One of the standout features of Neagle Addition is its strong sense of community. Neighbors often come together for local events, fostering lasting friendships and creating a welcoming atmosphere that makes you feel right at home. The neighborhood is characterized by a mix of architectural styles, with charming bungalows and modern homes that reflect the rich history and evolving character of the area.

Families will appreciate the access to the highly regarded Denver 1 School District, known for its commitment to academic excellence and a well-rounded education. With a variety of schools nearby, parents can feel confident in the educational opportunities available for their children.

Outdoor enthusiasts will love the proximity to local parks and recreational facilities, providing ample opportunities for hiking, biking, and enjoying the beautiful Colorado weather. Whether you're exploring the scenic trails or simply relaxing in one of the neighborhood parks, Neagle Addition truly embodies the essence of Denver living.

In summary, Neagle Addition is a captivating neighborhood that offers a perfect blend of community, convenience, and education, making it an ideal place to call home. Come and experience the charm of Neagle Addition for yourself!

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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