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$ 1,575,000
Est. payment | /mo
$ 1,575,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 4468168
HOA Y/N No
Originating Board recolorado
Year Built 1891
Annual Tax Amount $8,709
Tax Year 2023
Property Description
Capstone is pleased to present a rare investment opportunity in Denver’s sought-after Congress Park neighborhood, this 9-unit apartment building boasts significant rent escalation potential. Nestled close to Cheesman Park, the Botanic Gardens, and Cherry Creek, the property offers charming units with immediate upside. Residents will enjoy proximity to popular dining options such as Peter’s Chinese, Shells and Sauce, Chef Zorba’s, Downpours Coffee, Voodoo Doughnut, Doppio Coffee, and Olive & Finch. Additionally, the property features two sets of coin-operated washer/dryer onsite, enhancing tenant convenience and operational efficiency. This asset is ideal for investors seeking stable returns and growth potential in one of Denver’s historic and vibrant neighborhoods.
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Total Parking Spaces 2
Garage No
Building
Sewer Community Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Capstone Apartment Partners, LLC • ariddle@capstone-companies.com