Denver, CO 80220,1520-1526 Wabash ST
Denver, CO 80220,1520-1526 Wabash ST
Denver, CO 80220,1520-1526 Wabash ST
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$2,690,000
Est. payment /mo
0.48 Acres Lot
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Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 1934845

HOA Y/N No

Originating Board recolorado

Year Built 1948

Annual Tax Amount $12,914

Tax Year 2023

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Multi-Family

Property Description

Recently renovated 14-unit multifamily property strategically located between downtown Denver and the Fitzsimons Medical Campus. The property features a diverse unit mix: 1 studio, 4 one-bedroom, 6 two-bedroom, and 3 three-bedroom units. Investment Highlights: • Turnkey asset with recent comprehensive renovation program • Immediate rent growth potential with below-market current rates • Operational upside through management optimization • Transit-oriented location near two major employment hubs • Positive growth rental submarket This offering combines the stability of a renovated asset with value-add potential through rental rate growth and operational efficiencies.

Location

State CO

County Denver

Zoning E-TH-2.5

Interior

Fireplace N

Exterior

Total Parking Spaces 13

Garage No

Building

Sewer Public Sewer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


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REColorado (REColorado MLS)
Listed by NorthPeak Commercial Advisors, LLC • matt@northpeakcre.com,303-210-1623
agent-avatar

"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! "

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1520-1526 Wabash ST