Start of property details
1554 N Pennsylvania Street
Denver, 80203
FOR
SALE
$1,200,000
For Sale
4
Beds2
Garage2,504
Sq.Ft.MLS# 8947763
Listed on site 55 days since October 6th, 2023
Property Details
1554 N Pennsylvania St. is a unique investment property with stunning renovations that offers qualified buyers multiple strategies. Currently, this property is operating as a duplex short term rental with professional design quality renovations under a master lease agreement with one tenant that pays $8, 000 / month plus utilities on a month-to-month basis. A buyer can plan to either continue master leasing this property out to a qualified tenant that wishes to Airbnb both units on a short term basis, or the buyer can take advantage of the C-MX-8 mixed use zoning. Previous owners have lived in a unit while operating a business out of the other, rented both units as offices, or lived in one unit while they rent the other out as an apartment. DUE TO THE PROEPRTY CURRENTLY BEING RENTED, SHOWINGS INSIDE WILL NOT BE AVAILABLE UNTIL CLOSER TO THE END OF THE MONTH. ALL BUYERS INTERESTED IN TOURING WILL BE PRE-VETTED.
Property Highlights
Price
$1,200,000
Property Type
Residential Income
Property Sub Type
Duplex
Year Built
1893
Location
County
Denver
Subdivision
Capitol Hill
Zoning
C-MX-8
Property Details
Price
$1,200,000
Property Sub Type
Duplex
Property Type
Residential Income
Building
Levels
Two
Structure Type
Duplex
Total Area
2,504
Community
Local Schools
Elementary School
Dora Moore
High School
East
Middle School
Morey
School District
Denver 1
Interior Features
Bedrooms and Bathrooms
Bedrooms
4
Area and Spaces
Above Grade Finished Area
2,504
Living Area
2,504
Heating and Cooling
Heating Features
Heat Pump
Building Details
Construction
Year Built
1893
Materials
Construction Materials
Brick
Roof
Unknown
Terms
Commercial
Cap Rate
6.80
Terms
Exclusions
TBD
Ownership
Individual
Special Conditions
None
Special Terms
Cash, Conventional
Taxes
Tax
Tax (Annual)
$4,076
Heating, Cooling & Utilities
Cooling Features
Other
Utilities
Sewer
Public Sewer
Lot
Lot Features
Level
Parking
Garage Capacity
2
Total Parking Spaces
2
Listed by Northpeak Commercial Advisors, LLC, 720-738-1944.
Listing Data last updated 1st December, 2023 00:00 MST
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Property History
55 days ago
Property Listed
23 days ago
Property info last updated
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Listing Data last updated: 1st December, 2023 00:00 MST
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Listed by Northpeak Commercial Advisors, LLC
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