1410 N Gilpin Street

    Denver, CO 80218
    • $1,625,000
    • STATUS: Active
    • ON SITE: 76 days
    • ID#: 6606905
    UPDATED: 58 min ago
    $1,625,000
    • 9
      BEDS
    • 0.14
      ACRES
    • 6
      BATHS
    • 0
      1/2 BATHS
    • 5,148
      SQFT
    • $316
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1893
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Shockcor Inc.

    Description

    This extremely attractive investment property is full of original Victorian charm and is located one block from Cheesman Park. This well maintained and low maintenance investment features very desirable apartments full of original wood finishes and room to raise lease rates. Easy to lease and low turn over. Tenants pay all utility costs. Additional revenues are generated from three off street parking spaces, a leased one-car detached garage, pet rent, and building owned laundry equipment. The roof and mechanical's are in good condition. There is an existing assumable loan with a balance of $825,569 as of 3/31/18 and a fixed interest rate of 4.16% for another 5.5 years. Buyer pays 1% assumption fee.

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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 Wisdom Real Estate 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.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.wisdomrealestate.com/homes/82294453

    1410 N Gilpin Street Denver, CO 80218

    • Price: $1,625,000
    • Status: Active
    • Updated: 58 min ago
    • ID#: 6606905
    9
    Beds
    6
    Baths
    0
    ½ Baths
    0.14
    Acres
    5,148
    SQFT
    $316
    $/SQFT
    1893
    Built
    Neighborhood:
    Cheesman Park
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Dora Moore
    Middle School:
    Morey
    High School:
    East
    School District:
    Denver 1
    Property Description
    This extremely attractive investment property is full of original Victorian charm and is located one block from Cheesman Park. This well maintained and low maintenance investment features very desirable apartments full of original wood finishes and room to raise lease rates. Easy to lease and low turn over. Tenants pay all utility costs. Additional revenues are generated from three off street parking spaces, a leased one-car detached garage, pet rent, and building owned laundry equipment. The roof and mechanical's are in good condition. There is an existing assumable loan with a balance of $825,569 as of 3/31/18 and a fixed interest rate of 4.16% for another 5.5 years. Buyer pays 1% assumption fee.
    Exterior Features

    Architectural Style Victorian Construction Materials Brick Construction Methods Brick Exterior Features FenceFront PorchPatio Parking Off-Street (3 Spaces) Parking Features Driveway-Asphalt Parking Total Searchable 3 Road Surface Paved Road Roof Composition Shingles Storage Units Number Of 0 Structural Style Multi-Level Style Characteristics Low Rise (1-3) Unit Access Corridor View City View

    Interior Features

    Basement Finished YN Yes Basement Percent Finished 100 Basement Size Full Basement Type Apartment Cooling Air Conditioning-RoomCeiling Fan Flooring Tile FloorVinyl/LinoleumWood Floors Heating Steam Heating Fuel Gas Interior Features Cable AvailableExterior Basement EntranceHeated BasementInterior Basement EntranceSmoke FreeWindow Coverings Kitchen Appliances Refrigerator (Kitchen)Stove/Range/Oven Laundry Availability Coin-OperatedShared Laundry in BuildingWasher/Dryer Included Laundry Location Basement Other HVAC Central Hot Water Sq Ft Above 4121 Sq Ft Basement 1027 Sq Ft Finished 5148

    Property Features

    Additional Information Tenant Occupied Annual Expense Actual 14003 Annual Expense Proj 14003 Annual Income Actual 101500 Annual Income Proj 109773 Annual Net Income Actual 87497 Annual Net Income Proj 95770 Building Area Source County Records Building Type 5+ Plex (All Units) Capitalization Rate 5.38 Has Hoa YN No Listing Financing CashConventionalQualified Assumption Number Of Units Furnished 0 Number Of Units Vacant 0 Owner Paid Utilities InsuranceMaintenanceProperty Tax Potential Rental Income Annual 95862 Real Estate Taxes 4243 Seller Type Individual Status Conditions None Known Tax Amount 4243.00 Tax Year 2017 Transaction Type For Sale Unit Count 3 Zoning G-Mu-3



    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 Wisdom Real Estate 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.

    © 2018 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    Wisdom Real Estate
    3924 East 7th Avenue Parkway
    Denver CO, 80206
    Offered by Shockcor Inc.