Log In/Sign Up
Your email has been sent.
1320 Saint Paul St 5 Unit Apartment Building $999,999 ($200,000/Unit) 5.65% Cap Rate Denver, CO 80206
Investment Highlights
- 2022 Upgrades: egress, skylights, updated electrical, appliances, 2 full remodeled units
- New sewer cleanouts
- On-site laundry
- 2-car garage
- Copper plumbing
- New Furnace 2025
Executive Summary
1320 Saint Paul St. is a charming 5-unit apartment building located in the coveted Congress Park Neighborhood. With a walk score of 84, tenants enjoy easy access to shopping, dining, the Botanical Gardens, and transportation just steps away. The unit mix consists of an attractive (2) studios and (3) 1bed/1bath. The third floor and basement unit have both been completely remodeled with light touch ups on the other 3 units. Additionally, there are 2 garage spaces which are income producing and valuable in this high-density neighborhood.
The property has received extensive renovations including 3 mini split A/C’s, all new windows on the 2nd floor, updated electrical systems, added egress window, skylight, appliances, and more. There is a laundry room on-site for tenants and all utilities are billed back on top of the rent.
The property has received extensive renovations including 3 mini split A/C’s, all new windows on the 2nd floor, updated electrical systems, added egress window, skylight, appliances, and more. There is a laundry room on-site for tenants and all utilities are billed back on top of the rent.
Property Facts
| Price | $999,999 | Building Class | C |
| Price Per Unit | $200,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,816 SF |
| Cap Rate | 5.65% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 1924 |
| Property Subtype | Apartment | Parking Ratio | 0.71/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | U-RH-3A | ||
| Price | $999,999 |
| Price Per Unit | $200,000 |
| Sale Type | Investment |
| Cap Rate | 5.65% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,816 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1924 |
| Parking Ratio | 0.71/1,000 SF |
| Zoning | U-RH-3A |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 2 | - | 350 |
| 1+1 | 3 | - | 450 - 700 |
1 1
Very walkable
80/100
Fairly drivable
50/100
Some public transit
50/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 5011-12-029 | Improvements Assessment | $25,750 |
| Land Assessment | $25,750 | Total Assessment | $69,280 |
Property Taxes
Parcel Number
5011-12-029
Land Assessment
$25,750
Improvements Assessment
$25,750
Total Assessment
$69,280
1 of 17
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
