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Home » Real Estate » CO » Denver » 80202 » 1700 Bassett St, #823, Denver, CO, 80202
$455,000

1700 Bassett St, #823, Denver, CO, 80202

1 Bed
1 Bath
665 Square Feet
Turnkey Investment in the Glass House - Denver's Premier High-Rise 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%
Offered By
Joan Pratt TC@joanpratt.com,720-506-3001, RE/MAX Professionals

Property Details

Property Type Attached Dwelling
Status Active
Bedrooms 1
Bathrooms (Full) 1
Property Sub Type Attached Dwelling
Square Feet 665
MLS # 2032190

Market Trends

New Properties On Market
39
11% Increase In New Listings
Average Asking Price
$701,379
$83,112 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$576
$84 Decrease In List Price/Sq. Ft.
Average Days On Market
18
19 Day Decrease In Days On Market
Data as of Aug 26, 2025. Remaining statistics above are calculated on activity within the period from Jun 01, 2025 to Jul 31, 2025.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2025 IRES. Property data was last updated on 8/22/2025 at 9:15 pm