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 offers a unique blend of urban convenience and suburban tranquility, making it an ideal location for families, professionals, and anyone looking to embrace the Denver lifestyle.

Neagle Addition is characterized by its picturesque tree-lined streets and a warm sense of community. The neighborhood features a mix of classic homes and modern builds, providing a diverse range of architectural styles that cater to various tastes. Whether you are searching for a cozy bungalow or a spacious family home, Neagle Addition has something to suit every preference.

One of the standout features of this subdivision is its proximity to Denver's bustling downtown area. Residents enjoy easy access to a plethora of shops, restaurants, and cultural attractions, including the renowned Denver Art Museum and the vibrant LoDo District. For outdoor enthusiasts, the nearby parks and recreational areas offer ample opportunities for hiking, biking, and enjoying the stunning Colorado landscape.

Families will appreciate the excellent schools and community resources available in the area, fostering a nurturing environment for children to grow and thrive. With a strong sense of community spirit, Neagle Addition hosts various neighborhood events that encourage neighbors to connect and create lasting friendships.

In summary, Neagle Addition is more than just a subdivision; it's a community where convenience meets charm. Experience the best of Denver living in this delightful neighborhood, where your dream home awaits!

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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