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2875 N Harrison St
Denver, CO 80205
Multifamily Property For Sale
·
6 Units
Investment Highlights
- Single Story Brick Building with Pitched Roof
- Individually Metered for Gas & Electric
- Zoning Allows Flexibility in Residential Form, Permitting Urban Houses, Duplexes, Townhomes, Among Others
- 7.01% Current CAP Rate
- Covered Land Play Opportunity on 0.36 Acre Corner Lot
- Walking Distance to City Park Golf Course, Denver Zoo and Denver Museum of Nature & Science
Executive Summary
JUST LISTED! 6 units in Denver, priced below comparable properties with a 7.01% current CAP rate. Located within walking distance to City Park, Denver Zoo, and the Denver Museum of Nature and Science. Features a 0.36-acre corner lot with a covered land play opportunity. Zoning allows a variety of residential development options, including urban houses, duplexes, townhomes, garden court developments, small apartment buildings, and accessory dwelling units (ADUs), all within a 2.5-story height limit. Can be purchased with 2855 N Harrison Street.
Property Facts
| Price Per Unit | $145,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.36 AC |
| Cap Rate | 7.01% | Building Size | 3,835 SF |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1953 |
| Property Subtype | Apartment | Parking Ratio | 1.3/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | R2 | ||
| Price Per Unit | $145,833 |
| Sale Type | Investment |
| Cap Rate | 7.01% |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 3,835 SF |
| No. Stories | 1 |
| Year Built | 1953 |
| Parking Ratio | 1.3/1,000 SF |
| Zoning | R2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 6 | $1,188 | 639 |
Property Taxes
| Parcel Number | 2254-25-013 | Improvements Assessment | $36,120 |
| Land Assessment | $36,120 | Total Assessment | $90,010 |
Property Taxes
Parcel Number
2254-25-013
Land Assessment
$36,120
Improvements Assessment
$36,120
Total Assessment
$90,010
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