1570 Saint Paul Street, Denver, CO, 80206

This multi-family property located in the City Park neighborhood is fully leased with a mix of five units, including a loft, three 1-bedroom units, and 1 2-bedroom unit. The current net operating income is $101,372 with a cap rate of 5.27%, while the proforma net operating income is $107,872 with a proforma cap rate of 5.740%. The property has undergone a complete remodel and offers top-of-the-line upgrades, such as high-end appliances, a private washer and dryer, and a spacious bathroom in the newly constructed top-floor unit. The basement provides additional storage and a full-sized washer and dryer that 2 units can access. Original wood in the foyer and staircase add to the charm of the era, while a xeriscaped backyard area with a patio and a dog run offers low-maintenance outdoor space for tenants. The property is located in a highly desirable area within walking distance of City Park, bars, restaurants, and East High School, with easy access to all of the city’s amenities. The property is turn-key and ready for the new owner to take over.