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Address
1877 South Federal Boulevard Denver, CO
Price
$ 3,250,000
Property Attributes
  • MLS#9721042
  • TypeContingent
  • CountyDENVER
  • CityDenver
  • NeighborhoodJefferson Park
  • Zip80219
  • StyleLow Rise (all units)
  • Year Built1962
  • Taxes9066
  • Price$ 3,250,000
  • Bedrooms1
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage16944
  • Lot Size0.36 Acres
Listing Provided Courtesy Of:
Pinnacle Real Estate Advisors
Property Description

Excellent investment opportunity located just five blocks south of the new $37MM Denver Health Clinic. 100% leased & cash flowing 24-unit apartment building comprised of 1BD/1BA units that have all been renovated within the last three years. Building set to gross roughly $260k this year in one of the Denver area's best locations for rent growth. Opportunity for loan assumption at 3.99%. Ask listing agent for details. Link to full OM: http://hornsteinfetter.listinglab.com/TangiersApartments2019

Elementary School Middle School High School
Johnson Elementary School Kepner Middle School Abraham Lincoln High School
Price History
9/27/2019 Listed $3,250,000

General Features

Building Type Low Rise (all units)
Capitalization Rate 6.37
Electric Expense 6938
Elementary School Johnson
High School Abraham Lincoln
Latitude 39.682753
Longitude -105.025334
Maintenance Expense 15600
Middle/Junior School Kepner
Neighborhood Jefferson Park
Other Services Expense 2780
Parcel Number 5203-06-082
Property Sub Type Income
Property Type Income
School District Denver 1
Seller Type Individual
Status Under Contract
Status Conditions None Known
Tax Amount 9066.00
Terms Offered Cash, Conventional, Exchange, Other
Total Sq Ft 16944
Transaction Type For Sale
Year Built 1962
Zoning S-MX-3

Interior Features

Basement Size None
Beds Total 1
Cooling None
Heating Baseboard
Heating Fuel Electric, Gas
Laundry Availability Coin-operated, Shared Laundry in Building
Total Units 24

Exterior Features

Construction Materials Brick
Construction Methods Brick
Lot Size Acres 0.36
Lot Sq Ft 15625.00
Lot SqFt Range 2000+, 4000+, 6000+, 8000+, 10000+, 12000+, 14000+, 15000+
Parking Count 24
Road Surface Paved Road
Roof Membrane
Total Offstreet Spaces 24
Utility Metering Separate Electric, Separate Gas
Water Annual Expense 8942

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 80219

Price
AVG $380K
$3.25M
Taxes
AVG $1,504
$9,066
Visits
AVG 33
111
Year Built
AVG 1956
1962
Walkscore
AVG 60
80
Data Provided by Walkscore ® not using MLS data

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