Priced Reduced - Bring all Offers - Chic, modernized 8-unit multifamily investment property ideally located in the esteemed Cheesman Park submarket with strong rental income and assumable interest-only debt at 3.43%! The property glows with a fully custom, contemporary renovation inside and out, seamlessly blending old-world charm with modern allure. With a new roof featuring solar technology, 3 garages, storage, and updated furnace and hot water heaters, this 5,286 SF building with 8 units is a true turnkey investment. The addition of onsite laundry, a gated patio with a fire pit, and inviting outdoor common areas enhances its appeal for residents. Zoned G-MU-3, this property embodies the essence of sophisticated urban living, making it an enticing prospect for multifamily investors seeking a unique, updated, strong performing, apartment asset. Attractive assumable debt at 3.34% interest-only and 8.44% cash-on-cash return. Can be purchased with 1568 Vine Street (6 units).
5,286 Sq Ft
4,762 Sq Ft Exterior Space
Commercial
$8,337 Annual Tax
Built in 1888
MLS/Listing ID 2126553
8 Units
Solar Shingles
Construction - Frame
Construction - Brick
Listing Courtesy of PINNACLE REAL ESTATE ADVISORS, ROBERT LAWSON - 303-962-9555
Source of Data: RECOLORADO