1700 Bassett Street #823
Denver, CO 80202
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%
Property Details
- InteriorElevator, Entrance Foyer, Granite Counters, High Ceilings, High Speed Internet, No Stairs, Open Floorplan, Wired for Data
- Utility FeaturesElectricity Connected, Internet Access (Wired), Natural Gas Connected
- Exterior MaterialsBarbecue, Elevator, Fire Pit, Garden, Gas Grill, Lighting
- Pets AllowedCats OK, Dogs OK
- Middle SchoolStrive Westwood
- Structure TypeHigh Rise (8+)
- Sewer InformationPublic Sewer
- SubdivisionGlass House
- Property SubtypeCondominium
- Property TypePurchase
- School DistrictDenver 1
- Elementary SchoolGreenlee
- Original List Price$455,000
- MLS #2032190
- MLS #2032190
- Utility SourcePublic
- CountyDenver
- Taxes Annual$2,467
- Hoa Fees495.94
- Cost455000
- Year Built2005
- High SchoolWest
- Square Feet665
- Bedrooms1
- Bathrooms1
- Full Baths1
- Parking Spaces1
- Hoa1
Legal
Based on information submitted to the MLS GRID as of 2025-08-22 16:47:16 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Joan Pratt (#REC08313N), Phone: 720-506-3001, Email: TC@joanpratt.com
Listing Office: RE/MAX Professionals (#REC00230)
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