1147 N Marion ST, Denver, CO 80218
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1147 N Marion ST, Denver, CO 80218
1147 N Marion ST, Denver, CO 80218
1147 N Marion ST, Denver, CO 80218
1147 N Marion ST, Denver, CO 80218
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1147 N Marion ST Denver, CO 80218

4,687 Sqft Lot


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Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 5319579

HOA Y/N No

Year Built 1902

Lot Size 4,687 Sqft

Acres 0.11

Property Sub-Type Multi Family

Property Description

1147 Marion Street presents a well-located, five-unit multifamily opportunity in the Cheesman Park neighborhood of Denver. At only $995,000, this property has been priced to move especially given its already proven stability of income. The property offers a buyer immediate cash flow from a stable in-place tenant base, complemented by near-term upside as select units transition to new leases at current market rates. The property boasts off-street parking as well as an income producing garage that generates highly consistent income regardless of market cycles.

Highlights:

Well-maintained Victorian charm
Garage storage generates reliable additional income
Off-street parking available
Excellent block in Cheesman Park

Location

State CO

County Denver

Zoning U-RH-2.5

Exterior

Private Pool No

Building

Sewer Public Sewer

Others

Tax ID 5022-33-017


REColorado MLS
Listed byNorthPeak Commercial Advisors, LLC

NEARBY SCHOOLS & PROPERTIES

Heather Truhan

Heather Truhan

Broker Associate License ID: 39099N

+1(720) 272-9299

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1147 N Marion ST