Turnkey Investment in the Glass House Denvers Premier High-Rise Own a performing asset in one of Denvers 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 Denvers 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%
Property Features
Bedrooms
- Bedrooms: 1
- Bedrooms On Main Level: 1
- Bedroom 1 Level: Main
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
- Bathrooms On Main Level: 1
Interior Features
- Elevator
- Entrance Foyer
- Granite Counters
- High Ceilings
- High Speed Internet
- No Stairs
- Open Floorplan
- Wired for Data
- Furnished Description: Furnished
- Flooring: Carpet, Tile, Wood
- Window Features: Double Pane Windows
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Oven
- Range
- Refrigerator
- Washer
- Laundry Features: In Unit
Other Rooms
- Bathroom (Full) Level: Main
- Family Room Level: Main
- Exercise Room: Yes
Heating and Cooling
- Cooling Features: Central Air
- Heating Features: Forced Air
Kitchen and Dining
Exterior and Lot Features
- Barbecue
- Elevator
- Fire Pit
- Garden
- Gas Grill
- Lighting
- Fencing: Partial
- Patio And Porch Features: Patio
- Road Frontage Type: Public Road
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
Pool and Spa
- Pool Features: Outdoor Pool
Garage and Parking
- Garage Spaces: 1
- Parking Features: Concrete, Heated Garage, Insulated, Lighted, Underground
- Parking Total: 1
Homeowners Association
- Association: Yes
- Association Amenities: Bike Storage, Business Center, Clubhouse, Concierge, Elevator(s), Fitness Center, Front Desk, Garden Area, On Site Management, Parking, Pool, Security
- Association Fee: 495
- Association Fee Frequency: Monthly
- Association Fee Includes: Capital Reserves, Insurance, Maintenance Grounds, Maintenance Structure, Recycling, Security, Sewer, Snow Removal, Trash
- Calculated Total Monthly Association Fees: 495
- Association Name: East West Urban MGMT
- Association Phone: 7209046904
- Pets Allowed: Cats OK, Dogs OK
School Information
- Elementary School: Greenlee
- Elementary School District: Denver 1
- High School: West
- High School District: Denver 1
- Middle School: Strive Westwood
- Middle or Junior School District: Denver 1
Other Property Info
- Annual Tax Amount: 2467.00
- Source Listing Status: Active
- County: Denver
- Current Use: Live/Work
- Tax Year: 2024
- Source Property Type: Residential
- Exclusions: Tenant's personal property.
- Property Subtype: condo
- Source Neighborhood: Glass House
- Parcel Number: 2332-21-185
- Subdivision: Glass House
- Zoning: PUD
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 665
- Year Built: 2005
- Above Grade Finished Area: 665
- Common Walls: 2+ Common Walls
- Construction Materials: Brick, Concrete, Frame
- Entry Level: 8
- Entry Location: Corridor Access
- Levels: One
- Property Age: 20
- Property Attached: Yes
- Roof: Rolled/Hot Mop
- Structure Type: High Rise (8+)
- Elevator: Yes
- Architectural Style: Contemporary
Accessibility Features
- Accessibility Features: Accessible Approach with Ramp
Utilities
- Sewer: Public Sewer
- Electricity Connected
- Internet Access (Wired)
- Natural Gas Connected
- Water Source: Public
Home Features
- Security Features: 24 Hour Security, Carbon Monoxide Detector(s), Key Card Entry, Secured Garage/Parking, Security Entrance
