Beth Erickson Sand at LIV Sotheby's International Realty
Denver Condo ManiaMLS: 7920092 $1,850,000
Bedrooms with Baths1570 SAINT PAUL
DENVER CO 80206MLS: 7920092
Status: ACTIVE
List Price: $1,850,000
Price per SQFT: $0
Square Footage: 0Bedrooms
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
Listing Courtesy of PANORAMA COMMERCIAL BROKERAGE, LLC
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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
This Listing
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Last Updated: 2022-08-19 06:05:01