Overview

This 11 unit, turn of the century apartment building is listed at $136,364/unit. Most units have hardwood floors and updated windows. Includes seller owned laundry and additional income from huge parking garage. Opportunity to renovate and increase rental rates. ***Property will require substantial capital improvements to achieve projected 6% cap rate. ***Current cap rate based on 2017 YTD financials annualized is 4.54%. ***Please note building square footage is from CoStar. Buyer is responsible to verify building square footage. ***G-MU-5 Zoning Exceptional location in the Capitol Hill submarket of Denver.

Location

VIEW IN MAPS »

Estimated Drive Times

Sign In / Register »

Please login or create an account to see your estimated drive times

Neighborhood

Capitol Hill (55)

Property Details

  • Days on PL 9
  • Parking 8 Spaces
  • Lot Size 5,100 SF (2 Acres)
  • PSF $232
  • MLS ID 3958198
  • Type Income
  • Style Low Rise (1-3)
  • Architecture Victorian
  • Structure Type Multi-Story
  • Seller Estate
  • Above Grade sqft 4,200 SF
  • Finished sqft 6,466 FSF
  • Total sqft 6,466 TSF
  • Hoa Fees None
  • Year Built 1905
  • Faces
  • Amenities Air Conditioning-Individual, Fix-Up, Front Porch

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School
  • Junior High School
  • High School
  • Zoned G-MU-5
  • Taxes $7,275
  • County Denver
  • Heat Delivery Baseboard, Hot Water
  • Heat Fuel Electric, Gas
  • Cooling Air Conditioning-Individual
  • Water
  • Sewer
  • Fireplaces
  • Basement Type Apartment
  • Basement Finished % %
  • Year of Construction 1905

Similar Properties

  • 1200 East 3rd Avenue
    Denver CO. 80218
    5445797 / LIV Sotheby's International Realty

    1,429,000

    4,171 FSF / 5 BR / 4 BA

  • 720 Emerson Street
    Denver CO. 80218
    6029072 / KENTWOOD CO AT CHERRY CREEK

    1,750,000 (SOLD)

    6,332 FSF / 4 BR / 4 BA

  • 140 North Downing Street
    Denver CO. 80218
    6952232 / PERRY & CO

    1,676,000 (SOLD)

    4,112 FSF / 4 BR / 4 BA

  • 1049 Humboldt Street
    Denver CO. 80218
    3090071 / Kentwood City Properties

    1,675,000 (SOLD)

    6,059 FSF / 6 BR / 4 BA

  • 170 LAFAYETTE Street
    Denver CO. 80218
    1062968 / FULLER SOTHEBY'S INT'L REALTY

    1,650,000 (SOLD)

    4,395 FSF / 5 BR / 5 BA

  • 434 Gilpin Street
    Denver CO. 80218
    4670837 / Whitfield Company

    1,600,000 (SOLD)

    4,005 FSF / 4 BR / 4 BA

  • 401 Marion Street
    Denver CO. 80218
    9053059 / Keller Williams Integrity Real Estate LLC

    1,599,000 (SOLD)

    4,934 FSF / 5 BR / 4 BA

  • 369 HUMBOLDT Street
    Denver CO. 80218
    1122957 / KENTWOOD CITY PROPERTIES LLC

    1,595,000 (SOLD)

    4,086 FSF / 4 BR / 5 BA

  • 1515 East 7TH Avenue
    Denver CO. 80218
    1201328 / KENTWOOD CITY PROPERTIES LLC

    1,595,000 (SOLD)

    5,947 FSF / 5 BR / 4 BA

  • 525 Franklin Street
    Denver CO. 80218
    6275156 / Avenue Realty

    1,588,900 (SOLD)

    4,500 FSF / 4 BR / 5 BA

  • 1325 East 7th Avenue
    Denver CO. 80218
    4630328 / THE KENTWOOD COMPANY

    1,550,000 (SOLD)

    4,539 FSF / 4 BR / 4 BA

  • 375 HUMBOLDT Street
    Denver CO. 80218
    1169189 / THE KENTWOOD COMPANY

    1,525,000 (SOLD)

    3,920 FSF / 5 BR / 4 BA