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 seamlessly blends the rich history of the area with modern conveniences, making it an ideal place for families, professionals, and anyone looking to enjoy the best of urban living.

Neagle Addition is characterized by its picturesque tree-lined streets and a diverse array of architectural styles, from classic bungalows to contemporary townhomes. The community boasts a welcoming atmosphere, where neighbors know each other by name and take pride in their homes. With an array of parks and green spaces, including the nearby Berkeley Park, residents can enjoy leisurely strolls, picnics, and outdoor activities year-round.

Convenience is at your doorstep in Neagle Addition. The neighborhood is conveniently located near major thoroughfares, providing easy access to downtown Denver and beyond. A short drive or bike ride will take you to a plethora of dining options, unique boutiques, and cultural attractions. Whether you’re indulging in a delightful meal at a local eatery or exploring the vibrant art scene, Neagle Addition offers a lifestyle that caters to all tastes.

Families will appreciate the excellent schools and community resources available in the area, fostering a sense of belonging and support. With a strong sense of community spirit, Neagle Addition is not just a place to live; it's a place to thrive.

Discover the charm and convenience of Neagle Addition, where your dream home awaits amidst the beauty and excitement of Denver!

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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