CO > Denver
Denver, CO 80203,1272 N Pearl ST
Denver, CO 80203,1272 N Pearl ST
Denver, CO 80203,1272 N Pearl ST
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Bill Watson

Bill Watson

+1(303) 842-0836
$3,350,000
Est. payment /mo
5,662 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6554497

Style Traditional

HOA Y/N No

Originating Board recolorado

Year Built 1927

Annual Tax Amount $19,412

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi-Family

Property Description

The Seller carefully considered market feedback and decided to make a strong move by adjusting the Asking Price from $3,650,000 to $3,350,000. This $300,000 price drop represents an 8% reduction, and we believe that the new price (coupled with recent rent increases) puts this property in the "Deal Zone!" The Julie at Pearl offers a rare and exceptional multifamily investment opportunity in the heart of Denver's sought-after Capitol Hill neighborhood. This historic three-story building exudes character and charm, boasting a beautiful brick façade that complements its timeless aesthetic. Inside, the property features 18 uniquely designed studio and one-bedroom apartment units. Each unit is thoughtfully configured to maximize space and natural light. The apartments are enriched by original woodwork and large windows, providing a warm and inviting living experience for tenants. Adding to its appeal, The Julie offers five off-street parking spaces, a coveted amenity in this bustling urban area. The property delivers a peaceful and convenient atmosphere, positioned in a vibrant neighborhood teeming with popular restaurants, trendy coffee shops, boutique stores, local markets, and essential services - many within walking distance. Capitol Hill is known for its dynamic energy, historic charm, and central location, making it a magnet for professionals, creatives, and urban dwellers. For investors, this is a prime opportunity to secure reliable rental income and long-term appreciation in a market that continues to thrive.

Location

State CO

County Denver

Zoning G-MU-5

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected

Total Parking Spaces 5

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://kmalnati.com/2025/01/02/listed-1272-pearl-st-cap-hill-18-unit-apartment-building/#jp-carousel-42727

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REColorado (REColorado MLS)
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by KENTWOOD REAL ESTATE DTC, LLC • malnati@kentwood.com,303-358-4250
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"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

+1(303) 842-0836

bill@watsonrg.com

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