10
See all 10 photos
$2,690,000
Est. payment /mo
0.48 Acres Lot
Active
1520-1526 Wabash ST Denver, CO 80220
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UPDATED:
02/12/2025 08:40 PM
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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by NorthPeak Commercial Advisors, LLC • matt@northpeakcre.com,303-210-1623