Address
1570 Saint Paul Street, Denver, CO
Price
$ 1,875,000
Property Attributes
  • MLS#9438561
  • TypeCommercial
  • CountyDENVER
  • CityDenver
  • Zip80206
  • StyleVictorian
  • Year Built1890
  • Taxes$ 5389
  • Price$ 1,875,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3915
  • Lot Size0.14 Acres
Data Source:
REColorado (MTOMLS)
Property Description

Introducing a prime investment opportunity at 1570 Saint Paul Street, Denver, CO. This historic 5,000 SF (est) property, built in 1890, features 5 fully occupied units within the vibrant City Park area. Boasting a G-MU-3 zoning designation, this prime location offers strategic potential for multifamily or mid-rise development. With 100% occupancy, this property presents a strong and stable income stream. Don't miss out on this rare chance to own a piece of Denver's history while capitalizing on its promising future.

Price History
5/8/2024 Listed $1,875,000

General Features

Sewer Public Sewer
Utilities Cable Available,Electricity Connected,Natural Gas Connected
Possession Closing/DOD
Roof Composition
Exterior Features Dog Run,Lighting
Zoning G-MU-3
Architectural Style Victorian
Construction Materials Brick
Exclusions Tenants personal property
Year Built 1890
Tenant Pays Cable TV,Electricity,Gas,Internet,Telephone,Trash Collection
Stories 3
Property SubType Multi-Family
Tax Year 2022
Current Use Commercial,Multi-Family
Gross Income 117372
OwnerPays Taxes
County Denver
Operating Expense 14559
Property Type Commercial Sale
Attached Garage No
Building Features Bike Storage,Coin Laundry,Laundry,Storage
Status Active
City Denver
Buyer Agent Compensation 2.5
NumberOfUnitsTotal 5
Lot Size Units Acres
Lot Size Square Feet 6098.4
Listing Terms Cash,Conventional
Tax Annual Amount 5389
Leasable Area 4720
Lease Considered Y/N No
Virtual Tour https://www.listingsmagic.com/sps/tour-slider/index.php?property_ID=258841&ld_reg=Y
Structure Type Free Standing
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 5.48
Buyer Agent Compensation Type %

Exterior Features

Water Source Public
Total Parking 5
Lot Size Area 0.14
Building Area Total 3915
Lot Size Acres 0.14
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 80206

Price
AVG $1.16M
$1.88M
Taxes
AVG $79,328
$5,389
Visits
AVG 87
83
Data Provided by Inside Real Estate®
Year Built
AVG 1927
1890

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