CO > Denver
Denver, CO 80223,1380 W Mississippi AVE
Denver, CO 80223,1380 W Mississippi AVE
Denver, CO 80223,1380 W Mississippi AVE
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Bill Watson

Bill Watson

+1(303) 842-0836
$3,900,000
Est. payment /mo
0.43 Acres 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 9276857

HOA Y/N No

Originating Board recolorado

Year Built 1982

Annual Tax Amount $23,936

Tax Year 2023

Lot Size 0.430 Acres

Acres 0.43

Property Sub-Type Multi-Family

Property Description

• 7.05% Current CAP Rate!
• Rare Opportunity to Purchase 1980's Construction in Denver
• Newer Roof, Windows and Electric Panels
• Just 3.37% Current Vacancy = Immediate Rental Upside
• Proforma Rents Already Being Achieved
• Strong Neighborhood Demographics: $107,560 Average Household Income in Two Mile Radius
• Less than One Mile to Gates District Redevelopment and Broadway Light Rail Station
• Quick Access to I-25, US Hwy 85, Downtown Denver, Denver Tech Center and Rocky Mountains
• Walk to Public Transportation, Parks, Restaurants and Places of Employment

Location

State CO

County Denver

Zoning G-MU-5

Interior

Fireplace N

Exterior

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Connected

Roof Type Membrane

Total Parking Spaces 30

Garage No

Building

Lot Description Irrigated, Landscaped, Near Public Transit

Sewer Public Sewer

Water Public

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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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 Pinnacle Real Estate Advisors • NEWELLTEAM@PINNACLEREA.COM,303-962-9559
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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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