Beth Erickson Sand at LIV Sotheby's International Realty

MLS: 7661077     $2,400,000
Bedrooms with Baths

MLS: 7661077 Condo For Sale
1410 N GILPIN STREET
DENVER CO 80218

MLS:  7661077
Status:  ACTIVE
List Price:  $2,400,000
Price per SQFT:  $0
Square Footage:  0

Bedrooms
Baths
Year Built:  1893
Zip Code:  80218

 

Listing Remarks

Architected by William Lang around the same time he was designing the Molly Brown house, this silver boom Victorian mansion provides the ideal living experience that tenants love. Proximity (1 block) to Cheesman park gives them the urban outdoor living experience that they crave. This well maintained and low maintenance investment features very desirable apartments full of original wood finishes and room to raise lease rates. Tenants pay all utility costs. Additional revenues are generated from three off street parking spaces, a leased one-car detached garage, pet rent, and building owned laundry equipment. There is an existing assumable loan with a balance of $991,551 as of 5/20/22 and a fixed interest rate of 3.12% until November 2026. Buyer pays 1% assumption fee. This attractive financing and the market 3.7% cap rate make 1410 Gilpin a compelling investment opportunity! Please call for showings

Address: 1410 N GILPIN STREET DENVER CO 80218

MLS Logo  Listing Courtesy of ATLAS REAL ESTATE GROUP

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Listing Photos


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Listing Details


STATUS:Active
LISTING CONTRACT DATE:2022-06-07
BUILDING AREA TOTAL:5148
YEAR BUILT:1893
TAXES:$6,403
ARCHITECTURAL STYLE:Victorian
CONSTRUCTION:Brick
LEGAL DESCRIPTION:L 23 & 24 EXC REAR 8 FT TO CITY BLK 34 WYMANS ADD
# GARAGE SPACES:1
PARKING FEATURES:Asphalt
PROPERTY TYPE:CommercialSale
PROPERTY SUB TYPE:MultiFamily
ROOF:Composition
NUMBER OF UNITS TOTAL:6

Estimated Monthly Payments


List Price:$2,400,000
20% Down Payment:$480,000
Loan Amount:$1,920,000
Loan Type:30 Year Fixed
Interest Rate:5.2 %
Monthly Payment:$10,543

Estimate does not include taxes, fees, insurance.

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Property Location: 1410 N GILPIN STREET DENVER CO 80218



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.25 mi

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4201318 $825,000 1601 PARK AVENUE 212 2 3 1234 THE ARBORY
6418837 $875,000 1601 PARK AVENUE 215 2 3 1361 THE ARBORY

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Last Updated: 2022-08-19 06:05:01