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
12,150 SqFt
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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 12,150 sqft

Price per Sqft $221

MLS Listing ID 1934845

HOA Y/N No

Year Built 1948

Annual Tax Amount $12,914

Tax Year 2023

Lot Size 0.480 Acres

Acres 0.48

Property Sub-Type Multi Family

Source recolorado

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
agent-avatar

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

 

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

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1520-1526 Wabash ST