Status: Active
1700 Bassett St #823
Denver, CO 80202
$455,000
------/mo*
CalculateTurnkey 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%
Read more
- Bedrooms
- 1
- Baths
- 1
- House Size
- 665 sqft
- Year Built
- 2005
- Lot Size
- N/A
- School District
- Denver 1
Location
Market Insights
In the last 30 days, homes for sale in Central Platte Valley & Prospect, Denver, CO were on the market for a median of 34 days and 0% of homes sold above list price.
Buy a new home knowing you’ll sell your current one. Orchard guarantees your home will sell, so you can buy your next one worry-free.
Get StartedTake A Virtual Tour
Explore this home’s layout as if you were walking through it in person.
Start TourInterior Information
- appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Oven
- Range
- Refrigerator
- Washer
- cooling
- Central Air
- features
- Elevator
- Entrance Foyer
- Granite Counters
- High Ceilings
- High Speed Internet
- Open Floorplan
- Wired For Data
- flooring
- Carpet
- Tile
- Wood
- heating
- Forced Air
- laundry features
- In Unit
- window features
- Double Pane Windows
Exterior Information
- features
- Barbecue
- Fire Pit
- Garden
- Gas Grill
- Lighting
- fence
- Partial
- patio and porch
- Patio
- pool
- Outdoor Pool
- road responsibility
- Public Maintained Road
- road surface
- Paved
- roof
- Rolled/hot Mop
Property Information
- accessibility
- Accessible Entrance
- Accessible Approach With Ramp
- architectural style
- Contemporary
- construction
- Brick
- Concrete
- Frame
- hoa fees
- $495.94
- Monthly
- hoa includes
- Insurance
- Maintenance Grounds
- Maintenance Structure
- Security
- Sewer
- Snow Removal
- Trash
- parking
- Concrete
- Heated Garage
- Lighted
- Underground
- security features
- 24 Hour Security
- Carbon Monoxide Detector(s)
- Key Card Entry
- Secured Garage/parking
- sewer
- Public Sewer
- subdivision name
- Glass House
- utilities
- Natural Gas Available
- Electricity Connected
- Natural Gas Connected
- water source
- Public
- Listed By Joan Pratt
- TC@joanpratt.com,720-506-3001
- RE/MAX Professionals
- (303) 799-9898
- RPALESE@CLASSICNHS.COM
- MLS 2032190
Tax History
Date | Property Tax | Land | Additions | Tax Assessment |
|---|---|---|---|---|
| 2024 | $2,467 (+2%) | $20,500 | $461,700 | $482,200 (0%) |
| 2023 | $2,418 (+5.9%) | $20,500 | $461,700 | $482,200 (+24.8%) |
| 2022 | $2,284 (-2.9%) | $20,500 | $366,000 | $386,500 (0%) |
| 2021 | $2,351 (+2.7%) | $20,500 | $366,000 | $386,500 (-0.7%) |
| 2020 | $2,289 | $20,500 | $368,900 | $389,400 |
Tax data provied by Attom
Monthly Payments Calculator
Estimated Monthly Cost
$3,299
30 year fixed·6.9% interest rate
- Principal & Interest
- $2,397
- Property Taxes
- $206
- Home Insurance
- $200
- HOA Fees
- $496
*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
