1440 Columbine St - Multi-Family FOR SALE


Denver, CO 80206- Congress Park
$995,000 USD
720-738-1949
1440 Columbine St, Denver, CO for Sale
$995,000 USD
Multi-Family - FOR SALE
1/12
null | 4.03% Cap Rate

1440 Columbine St
Denver, CO 80206
Congress Park


OVERVIEW

Located in Denver’s coveted Congress Park neighborhood, 1440 Columbine is a charming turn-of-the-century converted mansion that seamlessly blends historic appeal with modern conveniences. This meticulously maintained property consists of three recently updated units with no below-grade units, offering a versatile unit mix of (1) studio, (1) 1bed/1bath, and (1) 2bed/1bath. The 1bed/1bath unit on the main level just became vacant and is ready to move in or rent out at market rate. Significant capital improvements have been made over the past decade, including a new roof (2018), furnace (2019), and vinyl windows (2018). Other recent updates at the property include refreshed exterior paint, new xeriscape landscaping with a new retaining wall, and a newly installed washer/dryer in the common area basement.

FOR SALE DETAILS

PRICE

$995,000 USD

PRICE/SF

$338 USD /SF

# OF UNITS

3

PRICE/UNIT

$331,667

CAP RATE

4.03%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1894

PARKING SPACES

4

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

U-RH-3A

APN/PARCEL ID

05012-07-009-000

ASK ABOUT THIS PROPERTY

Austin BengfordNorthPeak Commercial AdvisorsMore Info
720-738-1949

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Austin BengfordNorthPeak Commercial AdvisorsMore Info
720-738-1949

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.