347 Bannock St Pending Save Request In-Person Tour Request Virtual Tour
Denver,CO 80223
Key Details
Property Type Single Family Home
Sub Type Residential-Detached
Listing Status Pending
Purchase Type For Sale
Square Footage 2,745 sqft
Price per Sqft $327
Subdivision Baker
MLS Listing ID 9175785
Style Victorian
Bedrooms 4
Full Baths 1
Three Quarter Bath 2
Year Built 1907
Annual Tax Amount $5,849
Lot Size 6,969 Sqft
Property Sub-Type Residential-Detached
Property Description
Historic charm, strong rental income, and a prime location-this 1907 Victorian triplex in the heart of Denver's highly sought-after Baker neighborhood checks all the boxes. Situated just blocks from Dailey Park and steps to the vibrant shops, dining, and cultural spots along Broadway, this property offers a rare blend of classic architecture and income-generating versatility. With approximately 2,745 sq ft above grade and a total of 3,188 sq ft (per appraisal), this well-maintained property features three separate units and a detached 3-car garage.
Unit 1 (2BR/2BA) is rich in character, boasting original hardwood floors, exposed brick, cherry wood cabinetry, vaulted ceilings, two fireplaces, and a hidden spiral staircase behind a bookshelf that leads to a non-conforming bedroom with secret storage. It also includes private basement access and in-unit laundry. Unit 2 (2BR/1BA) offers a remodeled bathroom, one conforming and one non-conforming bedroom, and access to a private Trex deck-perfect for outdoor living. Unit 3 (1BR/1BA) is a charming rear unit with its own heating and hot water system, currently rented month-to-month with a long-term tenant.
Additional features include a sprinkler system, a 73-gallon water heater, updated sewer line to the street, and a shared laundry area near the garage for Units 2 and 3. Monthly rental income is currently $5,700, producing an estimated cap rate of ~7.6%-a fantastic opportunity for investors, owner-occupants, or house hackers looking to live in one unit while renting the others.
Located within Denver's Landmark Historic District, this property offers a timeless lifestyle in one of the city's most walkable neighborhoods, rich in architectural heritage and community spirit. Don't miss your chance to own a truly unique asset with both financial upside and urban appeal.
Location
State CO
County Denver
Area Metro Denver
Zoning U-RH-2.5
Interior
Heating Forced Air
Cooling Central Air,Room Air Conditioner
Fireplaces Type 2+ Fireplaces
Laundry Main Level
Exterior
Garage Spaces 3.0
Fence Partial
Utilities Available Natural Gas Available,Electricity Available
Roof Type Fiberglass
Building
Lot Description Lawn Sprinkler System,Level
Story 2
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Dcis At Fairmont
Middle Schools Strive Westwood
High Schools Southwest Early College
School District Denver 1
Others
Special Listing Condition Private Owner