1 Bed
1 Bath
665 SqFt
1 Bed
1 Bath
665 SqFt
Key Details
Property Type Townhouse
Sub Type Attached Dwelling
Listing Status Active
Purchase Type For Sale
Square Footage 665 sqft
Subdivision Glass House
MLS Listing ID 2032190
Style Contemporary/Modern,Ranch
Bedrooms 1
Full Baths 1
HOA Fees $495/mo
HOA Y/N true
Abv Grd Liv Area 665
Year Built 2005
Annual Tax Amount $2,467
Property Sub-Type Attached Dwelling
Source REcolorado
Property Description
Own a performing asset in one of Denver's most desirable buildings. This fully furnished 1-bedroom-ish, 1-bath condo in the Glass House comes with a long-term tenant in place at $2,400/month through 12/31/2025, with renewal interest expressed. Investors can step directly into stable income with no vacancy risk.
Located on the amenity-rich 8th floor, this property provides direct access to the pool deck, fire pit, grills, lounges, business center, and fitness center. The unit features stainless appliances, granite counters, hardwood flooring, an office nook, a large balcony, in-unit laundry, and a deeded parking space in the secured garage.
The Glass House remains a top rental destination with 24-hour security, concierge, coffee bar, and proximity to Union Station, LoDo dining, and Commons Park. With a Walk Score of 85 and unmatched community amenities, tenant demand is consistently strong.
This offering is ideal for investors seeking a stabilized asset with upside in both rent appreciation and long-term value growth in Denver's Riverfront Park neighborhood.
Investor Numbers: List Price: $455,000; Current Rent: $2,400/month = $28,800/year; HOA: $495.94/month = $5,951/year;
Taxes: $2,467/year; Insurance (est.): $400/year (condo, since master policy covers building); Total Operating Expenses (excl. financing): $8,818/year; Net Operating Income (NOI): $28,800 - $8,818 = $19,982/year
Cap Rate: $19,982 $455,000 4.4%
Location
State CO
County Denver
Community Clubhouse, Pool, Fitness Center, Elevator, Business Center
Area Metro Denver
Zoning PUD
Rooms
Primary Bedroom Level Main
Interior
Interior Features Open Floorplan
Heating Forced Air
Cooling Central Air
Window Features Double Pane Windows
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Exterior
Exterior Feature Gas Grill
Parking Features Heated Garage
Garage Spaces 1.0
Fence Partial
Community Features Clubhouse, Pool, Fitness Center, Elevator, Business Center
Utilities Available Electricity Available
Roof Type Flat
Street Surface Paved
Handicap Access Accessible Approach with Ramp, No Stairs, Accessible Elevator Installed
Porch Patio
Building
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer,Concrete
New Construction false
Schools
Elementary Schools Greenlee
Middle Schools Strive Westwood
High Schools West
School District Denver 1
Others
HOA Fee Include Trash,Snow Removal,Security,Management,Maintenance Structure,Water/Sewer,Hazard Insurance
Senior Community false
SqFt Source Assessor
Special Listing Condition Private Owner
Virtual Tour https://www.zillow.com/view-imx/70d325ea-57eb-4cbc-bd3b-06a5f80ec20d?setAttribution=mls&wl=true&initialViewType=pano
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201 Coffman Street # 1902, Longmont, Colorado, 80502, United States