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 perfectly balances the allure of urban living with the warmth of a close-knit community, making it an ideal place to call home.

Neagle Addition is characterized by its picturesque tree-lined streets and a delightful mix of architectural styles, from classic bungalows to modern townhomes. Residents enjoy easy access to a variety of local parks and green spaces, perfect for weekend picnics, leisurely strolls, or outdoor activities with family and friends. The nearby Ruby Hill Park, with its stunning views and expansive trails, is a favorite spot for outdoor enthusiasts.

Living in Neagle Addition means being part of a diverse and welcoming community. The neighborhood is home to a rich tapestry of cultures, reflected in its vibrant local eateries and shops. You can savor everything from artisanal coffee to mouthwatering international cuisine, all just a short walk away.

Convenience is key in Neagle Addition, with quick access to major highways and public transportation options, making it easy to explore all that Denver has to offer. Whether you’re heading downtown for work or a night out, or venturing to the nearby Rocky Mountains for a weekend getaway, you’ll find that everything is within reach.

With its unique blend of charm, community spirit, and prime location, Neagle Addition is more than just a neighborhood; it’s a place where you can truly thrive. Come discover the inviting lifestyle that awaits you in this delightful corner 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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