Denver, CO 80209,Address not disclosed
Denver, CO 80209,Address not disclosed
Denver, CO 80209,Address not disclosed
Denver, CO 80209,Address not disclosed
Denver, CO 80209,Address not disclosed
Denver, CO 80209,Address not disclosed
See all 30 photos

$970,000

$975,000

0.5%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

6 Beds

5 Baths

2,787 SqFt


SOLD DATE : 05/30/2023

Key Details

Sold Price $970,000

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 2,787 sqft

Subdivision Speer

MLS Listing ID 6518313

Sold Date 05/30/23

Bedrooms 6

HOA Y/N false

Abv Grd Liv Area 3,094

Originating Board REcolorado

Year Built 1905

Annual Tax Amount $4,845

Property Description

27-29 S Grant Street represents a true value add opportunity in the heart of Denver. Located just north of Washington Park and just east of the Baker neighborhood, 27- 29 S Grant St is situated in one of the most desirable locations in Denver with walking access to great restaurants, bars, transit and outdoor recreation. The majority of the property has been occupied by the same tenants for years. This group has enjoyed the property and would be happy to stay if a future owner wanted to preserve the same low-vacancy investment model the current owner has used. However, a future owner seeking better returns will appreciate the unit layouts and see opportunity in the low current rental rates. A new roof has been added to the property and many of the updates a future owner may choose to make would be cosmetic. With a current rental rate that averages only $2/ft in a neighborhood that routinely achieves over $3/ft, there is significant opportunity at 27-29 S Grant for a future owner.

Location

State CO

County Denver

Area Metro Denver

Zoning U-TU-B2

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling Room Air Conditioner

Exterior

Garage Spaces 1.0

Roof Type Other

Handicap Access Level Lot

Building

Lot Description Level

Story 2

Sewer City Sewer, Public Sewer

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Dora Moore

Middle Schools Dsst: Byers Middle School

High Schools South

School District Denver 1

Others

Senior Community false

Special Listing Condition Other Owner

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Information and Real Estate Services (IRES)
Listed by joe@northpeakcre.com,720-939-2943
agent-avatar

“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

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