$1,760,000
$1,800,000
2.2%For more information regarding the value of a property, please contact us for a free consultation.
5,589 SqFt
SOLD DATE : 09/01/2023
Key Details
Sold Price $1,760,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 5,589 sqft
Price per Sqft $314
MLS Listing ID 6309632
Sold Date 09/01/23
Style Denver Square
HOA Y/N No
Year Built 1910
Annual Tax Amount $8,538
Tax Year 2022
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Multi Family
Source recolorado
Property Description
1118 Marion Street is a vintage 8-unit building located in the heart of Denver's Cheesman Park neighborhood. The property has been meticulously cared for the past 20 years by the owner. The charm of the property is evident in its curb appeal, and it continues throughout the apartments.
The building boasts an appealing unit mix of studio, one bedroom and two bedroom apartments, along with an attractive courtyard and five off-street parking spaces.
This low-maintenance property is in turn-key condition and fully occupied. The owner lives in the neighborhood and has self-managed the building. A new investor will likely focus on improving the income of the property - - none of residents has ever received a rent increase!
Location
State CO
County Denver
Zoning U-RH-2.5
Interior
Fireplace N
Exterior
Exterior Feature Barbecue, Gas Grill, Lighting
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Roof Type Shingle
Total Parking Spaces 5
Garage No
Building
Lot Description Landscaped, Near Public Transit, Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NorthPeak Commercial Advisors, LLC
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