UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,739 sqft
Price per Sqft $323
MLS Listing ID 4880244
HOA Y/N No
Year Built 1960
Annual Tax Amount $15,660
Tax Year 2024
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Multi Family
Source recolorado
Property Description
The property consists of 11 one-bedroom units and 1 studio, offering a strong and highly leasable unit mix in a proven rental submarket. Units are in good overall condition and have been upgraded with modernized kitchens and bathrooms, and each unit includes a dishwasher.
The building has also undergone significant capital improvements, including newer windows and an upgraded electrical system, helping reduce future maintenance exposure and enhance overall efficiency.
The property includes five on-site parking spaces that generate additional income. With solid in-place rents and continued rent growth potential, 1258 N Marion St presents a compelling investment opportunity in a high-demand Denver location.
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Utilities Available Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available
Roof Type Membrane
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Nearby School & Business
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Steve Prewitt - CHIC
Broker | Owner | Real Estate Advisor
Broker | Owner | Real Estate Advisor