2397 S Locust St - Apartments FOR SALE


Denver, CO 80222- Goldsmith
$1,050,000 USD
303-931-0793
2397 S Locust St, Denver, CO for Sale
$1,050,000 USD
Apartments - FOR SALE
1/17
null | 5.02% Cap Rate

2397 S Locust St
Denver, CO 80222
Goldsmith


OVERVIEW

Located at 2397 S Locust Street in the desirable Goldsmith neighborhood of southeast Denver, this well-maintained four-unit building provides an excellent investment opportunity. Featuring all two-bedroom, one-bathroom units, each with convenient in-unit washers, as well as both front and back entrances, this brick building built in 1966 provides ideal living spaces. With six off-street parking spaces available, residents can enjoy hassle free parking. This is a perfect investment for someone looking to live in one unit and rent out the others, covering the cost of your mortgage with tenant income.

FOR SALE DETAILS

PRICE

$1,050,000 USD

PRICE/SF

$325 USD /SF

# OF UNITS

4

PRICE/UNIT

$262,500

CAP RATE

5.02%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,170 SF

ZONING

R2A, Denver

APN/PARCEL ID

6293-07-042

ASK ABOUT THIS PROPERTY

Phil DanknerUnique Properties, Inc.More Info
303-931-0793

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Phil DanknerUnique Properties, Inc.More Info
303-931-0793

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