Beth Erickson Sand at LIV Sotheby's International Realty

MLS: 7920092     $1,850,000
Bedrooms with Baths

MLS: 7920092 Condo For Sale
1570 SAINT PAUL
DENVER CO 80206

MLS:  7920092
Status:  ACTIVE
List Price:  $1,850,000
Price per SQFT:  $0
Square Footage:  0

Bedrooms
Baths
Year Built:  1890
Zip Code:  80206

 

Listing Remarks

100% Leased Unit Mix: Loft, 2 1 Bedrooms, 2 2 Bedrooms Current NOI: $49,872 Current Cap Rate: 4.77% ProForma NOI: $107,872 Proforma Cap Rate: 5.740% This turn-key and turn-of-the-century multi-family home in the City Park neighborhood has been converted and remodeled top to bottom to include a mix of 5 fully leased units. The neighborhood, with quick access to City Park, continues to attract tenants. A newly constructed top floor unit offers a large open space style with all the upgrades, including new high-end appliances, including a private washer and dryer, and a beautiful large bathroom. The basement offers a full-size washer and dryer plus additional storage for each unit. There is parking for each unit. Original wood in the foyer and staircase maintains the charm of the era. Additionally, a xeriscaped backyard area with a patio and a dog run are a fantastic low-maintenance option for multifamily. Lots of charm remains in this lovely remodel. You can feel the pride the sellers have invested into this home making it immediately ready for its new owner. Location! Location! Location! Walking distance to City Park, bars, restaurants, East High School, and easy access to all the amenities the city offers.

Address: 1570 SAINT PAUL DENVER CO 80206

MLS Logo  Listing Courtesy of PANORAMA COMMERCIAL BROKERAGE, LLC

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Listing Photos


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Listing Details


STATUS:Active
LISTING CONTRACT DATE:2022-06-07
BUILDING AREA TOTAL:4500
YEAR BUILT:1890
TAXES:$5,316
CONSTRUCTION:Brick
EXTERIOR FEATURES:Balcony, Barbecue, Garden
LEGAL DESCRIPTION:COLFAX AVE PARK SUB 02363 B16 L5 & 6
# GARAGE SPACES:0
PROPERTY TYPE:CommercialSale
PROPERTY SUB TYPE:MultiFamily
NUMBER OF UNITS TOTAL:5

Estimated Monthly Payments


List Price:$1,850,000
20% Down Payment:$370,000
Loan Amount:$1,480,000
Loan Type:30 Year Fixed
Interest Rate:5.2 %
Monthly Payment:$8,127

Estimate does not include taxes, fees, insurance.

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Property Location: 1570 SAINT PAUL DENVER CO 80206



Blue Marker: This Listing               Red Marker: Active Listings Nearby

Nearby Active Listings Within: 0.5 mi

MLS # List PriceAddressBedsBaths Sq FtCommunity
8912719 $2,050,000 2903 E 14TH AVENUE 0
7202716 $775,000 1463-65 N SAINT PAUL STREET 3 2 2397
3477028 $375,000 1570 MILWAUKEE STREET 10 1 2 850
IR971080 $550,000 1560 MILWAUKEE STREET 110 2 2 1192
5164715 $325,000 1575 FILLMORE STREET 4 1 1 835 CLOISTERS
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2723657 $520,000 1488 MADISON STREET 101 2 2 1408 BLUEPRINT
9290814 $242,500 1135 ELIZABETH STREET 103 1 1 448
8081065 $285,000 1431 COLUMBINE STREET 3 1 1 588
7317969 $335,000 1313 STEELE STREET 603 1 1 834 HOLLAND HOUSE

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