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1725 Race Street

Denver, CO 80206
  • $1,400,000
  • STATUS: Active
  • ON SITE: 124 Days
  • MLS #: 3030760
UPDATED: 187 min ago
$1,400,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,104
    SQFT
  • $341
    $/SQFT
Type:
Commercial
Built:
1906
County:
Area:

School Ratings & Info

REcolorado logo Offered by Capstone Apartment Partners, LLC.

Description

Capstone Apartment Partners is pleased to present a prime investment opportunity in 1725 Race St: a well-maintained legacy asset offering a diverse unit-mix, including studio, 1-bedroom, and 3-bedroom units. With potential for rent increases through unit renovations, six off-street parking spots, and seller financing available, this property is an attractive prospect for multifamily real estate investors looking for immediate cashflow and mid-term appreciation. Its strong in-place numbers and proven operating history under third-party management further enhance its appeal.

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Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than DreamSmith Team | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.thedreamsmithteam.com/homes/146817182
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1725 Race Street Denver, CO 80206

  • Price: $1,400,000
  • Status: Active
  • On Site: 124 Days
  • Updated: 187 min ago
  • MLS #: 3030760
0
Beds
0
Baths
0
½ Baths
0.15
Acres
4,104
SQFT
$341
$/SQFT
1906
Built
County:
Denver
Area:
Denver
Property Description
Capstone Apartment Partners is pleased to present a prime investment opportunity in 1725 Race St: a well-maintained legacy asset offering a diverse unit-mix, including studio, 1-bedroom, and 3-bedroom units. With potential for rent increases through unit renovations, six off-street parking spots, and seller financing available, this property is an attractive prospect for multifamily real estate investors looking for immediate cashflow and mid-term appreciation. Its strong in-place numbers and proven operating history under third-party management further enhance its appeal.
Exterior Features

Attached Garage YN No Carport Spaces 0 Lot Size Area 0.15 Offstreet Spaces 0 Parking Total 0 Rv Spaces 0

Property Features

Actual Annual Net Income 73138.00 Association Fee Annual 0.00 Association Fee Total Annual 0.00 Association Fee2 Annual 0.00 Association Fee3 Annual 0.00 Comparable Listing YN No Exclusions Tenant Personal Property Gross Income 108660 Listing Terms CashConventional Operating Expense 35522 Possession Closing/DOD Property Sub Type Multi-Family Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 6195 Tax Legal Description WYMANS ADD B5 L13 & 14 Tax Year 2022 Water Included YN Yes Water Source Public Zoning G-RO-3

REcolorado logo Listing courtesy of Capstone Apartment Partners, LLC:ariddle@capstone-companies.com. MLS #3030760


Licensed in the State of Colorado, USA

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than DreamSmith Team | RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

REcolorado logo © 2024 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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REcolorado logo Offered by Capstone Apartment Partners, LLC.