Neagle Addition Real Estate

Neagle Addition Real Estate

Welcome to Neagle Addition, a hidden gem nestled in the vibrant city of Denver, Colorado. This charming subdivision boasts a unique blend of historic character and modern convenience, making it a sought-after destination for individuals and families alike.

Neagle Addition is characterized by its picturesque tree-lined streets and a diverse array of architectural styles, from classic bungalows to contemporary homes. The neighborhood exudes a warm, welcoming atmosphere that invites residents to connect and thrive. With its rich history dating back to the early 20th century, Neagle Addition offers a glimpse into Denver's past while providing all the amenities of contemporary living.

One of the standout features of Neagle Addition is its proximity to some of Denver's best attractions. Residents can enjoy easy access to local parks, bustling shops, and delightful dining options that cater to every palate. The neighborhood is also conveniently located near major transportation routes, making commuting a breeze for those who work in downtown Denver or beyond.

Families will appreciate the excellent schools in the area, as well as the variety of recreational activities available nearby. Whether it’s a leisurely stroll through the neighborhood, a day at the park, or exploring the vibrant arts scene that Denver has to offer, Neagle Addition provides a perfect backdrop for a fulfilling lifestyle.

If you’re seeking a place that combines community spirit with urban convenience, look no further than Neagle Addition. Discover the charm of this delightful subdivision and make it your next home in the heart of Denver!

Newest Listings in Neagle Addition

5109 E 34th Ave, Denver
$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 Ave, Denver

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

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