Betsy Randall - Coldwell Banker Distinctive Properties
2805 E 16th Avenue
Denver, CO 80206

$2,550,000

Description

St. Cloud is a distinctive, 14-unit investment opportunity with a long history dating back to the late 1800s. The 11+ ceilings, expansive hallways, two oversized front common-area balconies, built-in cabinets, intact period details and large skylight on the top floor make this a very appealing value-add acquisition. The location is within a block of City Park, walking distance to the Carla Madison Recreation Center, and within proximity of Colfaxs best restaurants and nightlife make this a very desirable location. Many units feature historic details including claw-foot tubs, built-in cabinets, exposed brick and expansive bay windows. Since 2012, six of the units have been remodeled to include dishwashers, disposals, upgraded cabinets, and newer kitchen countertops. Numerous capital improvements have been made recently including electrical, plumbing, newer boilers for heat and hot water, and stairs/fire escape in the rear of the building.

Details

MLS#9741914
StyleIndustrial
Sub-TypeResale
StatusActive
Year1891
Days On Site140

Features

SQ Feet7,798
Story(s)1
Units14
ZoningG-MU-5
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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80206
AreaDenver
Listing VS Median (in 80206)
Price:
$2,550,000
low | high
Med:
$850,000
100% of Average
SqFt:
7,798
low | high
Med:
1,859
100% of Average
$ / SqFt:
$327
low | high
Med:
$457
10.175721714183% of Average
On Site:
140
low | high
Med:
29
100% of Average
Listing Updated: 08/20/2018
MLS Number: 9741914
Listing Provided By:
Douglas Andrews  of  APARTMENT REALTY ADVISORS
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