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625 N Pennsylvania St , #102

Denver, CO 80203
  • $325,000
  • STATUS: Active
  • ON SITE: 46 Days
  • MLS #: 994516
Price Reduced
UPDATED: 24 min ago
$325,000
  • 2
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 851
    SQFT
  • $382
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1968
County:

School Information

Elementary School:
Middle School:
High School:
School District:

Description

CALLING ALL INVESTORS! PLEASE NOTE THIS IS A 2 BEDROOM/1 BATHROOM UNIT. Dream tenants just renewed their lease for one year in this secure, clean building with strong amenities in a stellar central Denver location. Don't hesitate, this open-plan unit has new updates, loads of natural light, in-unit laundry (washer & dryer included), newer stainless steel appliances, phenomenal in-unit storage (think bikes, camping gear, seasonal clothing storage and wall to wall closets in both bedrooms) and reserved parking. Updates include waterproof laminate flooring (2023), new bathroom (2023), and new kitchen (new cabinets & granite countertops in 2019). Your tenants will enjoy the outdoor pool and workout facilities, along with nearby restaurants, bars & coffee shopsjust moments away on 6th and 7th Ave, including Little India, Fruition, Logan Street Restaurant & Bar, Mt. Fugi Sushi, Vesper Lounge, Wild Tacos and Pablo's Coffee Shop. Groceries are minutes away at Trader Joe's & Safeway. Governor's Park is at the end of the block, and the bike & walking path on Speer, just 2 blocks away. Great opportunity to own property in one of Denver's hottest rental neighborhoods! Seller intends to sell this property as part of a 1031 Exchange.The property is being sold with a tenant lease in place through July 31, 2024

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© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2023-10-03T10:42:05.57.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
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625 N Pennsylvania St , #102 Denver, CO 80203

  • Price: $325,000
  • Status: Active
  • On Site: 46 Days
  • Updated: 24 min ago
  • MLS #: 994516
2
Beds
1
Baths
0
½ Baths
N/A
Acres
851
SQFT
$382
$/SQFT
1968
Built
Neighborhood:
Capitol Hill
County:
Denver
Area:
12 Denver Metro area
Elementary School:
Dora Moore
Middle School:
Morey
High School:
East
School District:
Denver District 1
Property Description
CALLING ALL INVESTORS! PLEASE NOTE THIS IS A 2 BEDROOM/1 BATHROOM UNIT. Dream tenants just renewed their lease for one year in this secure, clean building with strong amenities in a stellar central Denver location. Don't hesitate, this open-plan unit has new updates, loads of natural light, in-unit laundry (washer & dryer included), newer stainless steel appliances, phenomenal in-unit storage (think bikes, camping gear, seasonal clothing storage and wall to wall closets in both bedrooms) and reserved parking. Updates include waterproof laminate flooring (2023), new bathroom (2023), and new kitchen (new cabinets & granite countertops in 2019). Your tenants will enjoy the outdoor pool and workout facilities, along with nearby restaurants, bars & coffee shopsjust moments away on 6th and 7th Ave, including Little India, Fruition, Logan Street Restaurant & Bar, Mt. Fugi Sushi, Vesper Lounge, Wild Tacos and Pablo's Coffee Shop. Groceries are minutes away at Trader Joe's & Safeway. Governor's Park is at the end of the block, and the bike & walking path on Speer, just 2 blocks away. Great opportunity to own property in one of Denver's hottest rental neighborhoods! Seller intends to sell this property as part of a 1031 Exchange.The property is being sold with a tenant lease in place through July 31, 2024
Exterior Features

Architectural Style Ranch Attached Garage YN No Construction Materials Brick/Brick Veneer Covered Spaces 1 Garage Type Reserved Garage YN Yes Horse YN No Property Attached YN Yes Roof Other Spa YN No Waterfront YN No

Interior Features

Above Grade Finished Area 851 Appliances Electric Range/OvenSelf Cleaning OvenDishwasherRefrigeratorWasherDryerMicrowaveDisposal Basement None Baths Rough In 0 Bedroom2 Length 11 Bedroom2 Level Main Bedroom2 Width 13 Below Grade Finished Area 0 Building Area Total 851 Cooling Room Air Conditioner Cooling YN Yes Dining Room Length 8 Dining Room Level Main Dining Room Width 9 Has Family Room No Heating Baseboard Heating YN Yes Interior Features Eat-In KitchenOpen FloorplanKitchen Island Kitchen Length 8 Kitchen Level Main Kitchen Width 10 Laundry Features Washer/Dryer HookupsMain LevelCommon Area Laundry Room Length 4 Laundry Room Width 8 Living Area 851 Living Area Source Assessor Living Room Length 10 Living Room Level Main Living Room Width 14 Main Floor Sq Ft 851 Master Bedroom Length 12 Master Bedroom Level Main Master Bedroom Width 13 Unit1 Bedrooms 2 Unit1 Est Sq Ft 851 Unit1 Total Baths 1 Window Features Window CoveringsDouble Pane Windows

Property Features

Association Fee 423 Association Fee Frequency Monthly Association Fee Includes Common AmenitiesTrashSnow RemovalMaintenance Structure Association YN Yes Cap Rate 6.15 Community Features PoolFitness CenterElevatorRecreation Room Ditches Active YN No Electric Electric Exclusions Sellers And Tenant's Personal Property Gas Natural Gas Gross Income 21600 Has Association Fee Yes Has Hoa2 No Has Improvements No Has Water Rights No Listing Sub Status None Listing Terms CashConventionalFhaVa LoanOwner Pay Points Locale Denver Net Operating Income 20013 New Construction YN No Operating Expense 1587 Property Condition Not NewPreviously Owned Property Sub Type Attached Dwelling Senior Community YN No Sewer City Sewer Special Listing Conditions Private Owner Tax Annual Amount 1587 Tax Year 2022 Tenant Pays DepositElectricity Unit1 Rent 1800 Utilities Natural Gas AvailableElectricity Available Water Source City WaterCity Zoning Res

Listing information © 2023 Information and Real Estate Services
Listing provided courtesy of Heather Brooke of Porchlight Real Estate Group: 3037335335.



© 2023 Information and Real Estate Services, LLC. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Downtown Real Estate Brokers, LLC.. Data last updated: 2023-10-03T10:42:05.57.

Information source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules © Copyright IRES.
 
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