2805 E 16th Avenue

    Denver, CO 80206
    • $2,550,000
    • STATUS: Active
    • ON SITE: 108 days
    • ID#: 9741914
    UPDATED: 60 min ago
    $2,550,000
    • 11
      BEDS
    • 0.14
      ACRES
    • 14
      BATHS
    • 0
      1/2 BATHS
    • 7,798
      SQFT
    • $327
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1891
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Apartment Realty Advisors.

    Description

    St. Cloud is a distinctive, 14-unit investment opportunity with a long history dating back to the late 1800s. The 11+ ceilings, expansive hallways, two oversized front common-area balconies, built-in cabinets, intact period details and large skylight on the top floor make this a very appealing value-add acquisition. The location is within a block of City Park, walking distance to the Carla Madison Recreation Center, and within proximity of Colfaxs best restaurants and nightlife make this a very desirable location. Many units feature historic details including claw-foot tubs, built-in cabinets, exposed brick and expansive bay windows. Since 2012, six of the units have been remodeled to include dishwashers, disposals, upgraded cabinets, and newer kitchen countertops. Numerous capital improvements have been made recently including electrical, plumbing, newer boilers for heat and hot water, and stairs/fire escape in the rear of the building.

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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/82234129

    2805 E 16th Avenue Denver, CO 80206

    • Price: $2,550,000
    • Status: Active
    • Updated: 60 min ago
    • ID#: 9741914
    11
    Beds
    14
    Baths
    0
    ½ Baths
    0.14
    Acres
    7,798
    SQFT
    $327
    $/SQFT
    1891
    Built
    Neighborhood:
    City Park
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Teller
    Middle School:
    Morey
    High School:
    East
    School District:
    Denver 1
    Property Description
    St. Cloud is a distinctive, 14-unit investment opportunity with a long history dating back to the late 1800s. The 11+ ceilings, expansive hallways, two oversized front common-area balconies, built-in cabinets, intact period details and large skylight on the top floor make this a very appealing value-add acquisition. The location is within a block of City Park, walking distance to the Carla Madison Recreation Center, and within proximity of Colfaxs best restaurants and nightlife make this a very desirable location. Many units feature historic details including claw-foot tubs, built-in cabinets, exposed brick and expansive bay windows. Since 2012, six of the units have been remodeled to include dishwashers, disposals, upgraded cabinets, and newer kitchen countertops. Numerous capital improvements have been made recently including electrical, plumbing, newer boilers for heat and hot water, and stairs/fire escape in the rear of the building.
    Exterior Features

    Construction Materials Brick Construction Methods BrickFrame Parking None (0 Spaces) Roof Rolled Roofing

    Interior Features

    Basement Size Full Cooling None Heating Steam Heating Fuel Gas Sq Ft Above 7798 Sq Ft Basement 0 Sq Ft Finished 7798

    Property Features

    Annual Expense Actual 52772 Annual Expense Proj 54197 Annual Income Actual 156333 Annual Income Proj 199063 Annual Net Income Actual 103561 Annual Net Income Proj 144866 Has Hoa YN No Listing Financing CashConventional Seller Type Individual Status Conditions None Known Tax Amount 10136.00 Tax Year 2017 Transaction Type For Sale Unit Count 2 Zoning G-Mu-5



    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 Apartment Realty Advisors.