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1570 Saint Paul St 5 Unit Apartment Building $1,475,000 ($295,000/Unit) 6.39% Cap Rate Denver, CO 80206
Investment Highlights
- Amazing location for residents
- Fully occupied
- Strong income histor
Executive Summary
Embrace a prime investment opportunity with this captivating multifamily property in Denver. Boasting 2,610 SF and five units, this well-maintained building offers modern comfort and convenience. With 100% occupancy, it provides a reliable income stream, making it an ideal choice for multifamily investors. Its strategic location in Denver ensures proximity to urban amenities and a thriving rental market. Don't miss out on the chance to add this promising property to your investment portfolio and benefit from its strong rental history and potential for future growth.
Property Facts
| Price | $1,475,000 | Building Class | C |
| Price Per Unit | $295,000 | Lot Size | 0.14 AC |
| Sale Type | Investment | Building Size | 2,610 SF |
| Cap Rate | 6.39% | Average Occupancy | 100% |
| No. Units | 5 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1890/2021 |
| Property Subtype | Apartment | Parking Ratio | 1.92/1,000 SF |
| Zoning | G-MU-3 | ||
| Price | $1,475,000 |
| Price Per Unit | $295,000 |
| Sale Type | Investment |
| Cap Rate | 6.39% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.14 AC |
| Building Size | 2,610 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1890/2021 |
| Parking Ratio | 1.92/1,000 SF |
| Zoning | G-MU-3 |
Amenities
Unit Amenities
- Yard
- Patio
Site Amenities
- Laundry Facilities
- Storage Space
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 5+5 | 5 | - | 600 - 1,200 |
1 1
Moderately walkable
70/100
Moderately drivable
60/100
Good public transit
70/100
Moderately bikeable
70/100
Property Taxes
| Parcel Number | 2363-13-002 | Improvements Assessment | $35,350 |
| Land Assessment | $35,350 | Total Assessment | $75,080 |
Property Taxes
Parcel Number
2363-13-002
Land Assessment
$35,350
Improvements Assessment
$35,350
Total Assessment
$75,080
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1570 Saint Paul St
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