$1,725,000
$1,925,000
10.4%For more information regarding the value of a property, please contact us for a free consultation.
6,098 Sqft Lot
SOLD DATE : 12/16/2024
Key Details
Sold Price $1,725,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3489302
Sold Date 12/16/24
HOA Y/N No
Originating Board recolorado
Year Built 1926
Annual Tax Amount $10,605
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
1236 N Marion Street is a distinguished 12-unit multifamily property nestled in the heart of Denver's highly coveted Cheeseman Park neighborhood. This prime location offers tenants the convenience of being within walking distance of some of Denver's most iconic attractions, including Cheeseman Park, Denver Botanic Gardens, and the vibrant Colfax Avenue. This property presents a remarkable investment opportunity with substantial upside potential. New ownership can undertake renovations to modernize the units, thereby commanding higher rents that align with market trends. Additionally, this property is strategically positioned to benefit from the sustained demand for housing in one of Denver's most desirable areas. Invest in 1236 N Marion Street and unlock the potential for increased revenue and property appreciation in a premier Denver location. This property is an exceptional opportunity for investors seeking to capitalize on the thriving real estate market in Denver, Colorado.
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Total Parking Spaces 10
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Pinnacle Real Estate Advisors
12245 Pecos Street Unit # 400, Westminster, CO, 80234, United States