1410 N Gilpin Street, Denver, CO, 80218
- $2,400,000
Overview
- CommercialSale, MultiFamily
- 1
- 6250 Sq Ft
- 1893
Description
Architected by William Lang around the same time he was designing the Molly Brown house, this silver boom Victorian mansion provides the ideal living experience that tenants love. Proximity (1 block) to Cheesman park gives them the urban outdoor living experience that they crave. This well maintained and low maintenance investment features very desirable apartments full of original wood finishes and room to raise lease rates. Tenants pay all utility costs. Additional revenues are generated from three off street parking spaces, a leased one-car detached garage, pet rent, and building owned laundry equipment.
There is an existing assumable loan with a balance of $991,551 as of 5/20/22 and a fixed interest rate of 3.12% until November 2026. Buyer pays 1% assumption fee. This attractive financing and the market 3.7% cap rate make 1410 Gilpin a compelling investment opportunity!
Please call for showings
Address
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Address: 1410 N Gilpin Street
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City: Denver
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State/county: Denver
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Zip/Postal Code: 80218
Details
Updated on July 27, 2022 at 4:38 am-
Property ID HZ7661077
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Price $2,400,000
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Property Size 6250 Sq Ft
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Garage 1
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Year Built 1893
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Property Type CommercialSale, MultiFamily
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Property Status Active
Additional details
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PropertySubType MultiFamily
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Tax Year 2021
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Architectural Style Victorian
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Road SurfaceType Paved
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Construction Materials Brick
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Roof Composition
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Parking Features Asphalt
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LotSize SquareFeet 6250
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LotSizeArea 0.14
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LotSizeUnits Acres
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Garage Spaces 1
Mortgage Calculator
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Down Payment
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Monthly HOA Fees