$1,142,000
$1,200,000
4.8%For more information regarding the value of a property, please contact us for a free consultation.
1240 Pearl ST Denver, CO 80203
5 Beds
5 Baths
3,580 SqFt
Key Details
Sold Price $1,142,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,580 sqft
Price per Sqft $318
Subdivision Capitol Hill
MLS Listing ID 7401535
Sold Date 12/11/23
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 2,630
Originating Board recolorado
Year Built 1905
Annual Tax Amount $3,886
Tax Year 2020
Property Description
This beautiful CapHill residence was under contract with a 1031 exchange and fell out in Spring 2022 due to timing on external issues .Leases were renewed at the same rate (no increase for multiple years as is evidence in the financials in supplements) Neighborhood has seen 6% increase in the last year alone. The separate apartments with correct safety exits and entry. Detached two car garage with 4 off-street parking spaces included in sale. 3/2, 2/1, 1/1 apartments are remodeled and heating was replaced in 2022.
HOUSE HACK available in Capitol Hil. 3 units 4 off-street. parking spaces, currently rented to allow for immediate income generation Apts A and B are vacant and tenet in C is ,month to month. 24 hr notice on showings,
Location
State CO
County Denver
Zoning G-MU-5
Rooms
Basement Full
Interior
Heating Steam
Cooling Other
Fireplace N
Exterior
Parking Features Driveway-Gravel
Garage Spaces 2.0
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Three Or More
Structure Type Frame
Schools
Elementary Schools Dora Moore
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, Lease Purchase, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, Lease Purchase, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Porchlight Real Estate Group