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$1,550,000
Est. payment /mo
6,245 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3376413
HOA Y/N No
Year Built 1890
Annual Tax Amount $5,641
Tax Year 2024
Lot Size 6,245 Sqft
Acres 0.14
Property Sub-Type Multi Family
Source recolorado
Property Description
1570 Saint Paul Street presents a fully stabilized, five-unit multifamily opportunity located just two blocks from Denver's iconic City Park. Originally built in 1890, the property blends historic charm with modern upgrades, including recent 2024 renovations such as remodeled kitchens and bathrooms, updated plumbing, and new in-unit washer/dryer in select units. The building offers a compelling mix of layouts—including a spacious 2-bed with an office, multiple 1-bed units, and a unique unit with a sunroom—catering to a wide range of renter profiles. The property boasts near 100% historical occupancy and currently has a waitlist of prospective tenants, giving new ownership a path to further increase rents.
Located in the heart of City Park, tenants are walking distance to the Zoo, Museum of Nature & Science, and all the restaurants, bars, and venues along Colfax. Tenants also enjoy a fenced backyard with BBQ area, dog run, garden space, and five off-street parking spots. 1570 Saint Paul presents a great blend of character, modern functionality, and stability in one of Denver's most desirable and resilient neighborhoods.
HIGHLIGHTS
- Turnkey Property with Renovated Units
- 100% Occupancy
- Prime Location 2 Blocks to City Park
- Charm of the Original Build with Modern Upgrades
- Unique Floor Plans
- 2024 Renovations - Unit 3 has Remodeled Kitchen, Bathroom, In-Unit Washer/Dryer Added
- 2024 Renovations - Unit 2 has Remodeled Kitchen
- 2024 Renovations - New Plumbing in Unit 3 and Outdoor Spigot
Located in the heart of City Park, tenants are walking distance to the Zoo, Museum of Nature & Science, and all the restaurants, bars, and venues along Colfax. Tenants also enjoy a fenced backyard with BBQ area, dog run, garden space, and five off-street parking spots. 1570 Saint Paul presents a great blend of character, modern functionality, and stability in one of Denver's most desirable and resilient neighborhoods.
HIGHLIGHTS
- Turnkey Property with Renovated Units
- 100% Occupancy
- Prime Location 2 Blocks to City Park
- Charm of the Original Build with Modern Upgrades
- Unique Floor Plans
- 2024 Renovations - Unit 3 has Remodeled Kitchen, Bathroom, In-Unit Washer/Dryer Added
- 2024 Renovations - Unit 2 has Remodeled Kitchen
- 2024 Renovations - New Plumbing in Unit 3 and Outdoor Spigot
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Roof Type Unknown
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Structure Type Brick
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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 Kaufman Hagan
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