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$1,600,000 COMLIST
1755 S Broadway, Denver, CO 80210
0 Beds
0 Baths
7,192 sqft

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Listing Provided By RE/MAX ALLIANCE
Platt Park, South Broadway redevelopment opportunity! 14 units total! .....Back building 7 -1 bed units ,1 studio and 1 unit with 2 bed in a detached apartment building. Three commercial units on South Broadway. Two additional residential or retail units above storefront retail units. New roofs installed on both buildings in 2017. Very sought after neighborhood - Platt Park. Located on South Broadway. New roofs for both building in 2017.Flexible zoning code of U-MS-5. Using a 6% cap value would be $3,393,433 after being remodeled a fully leased.. Bring a flashlight for showings. Cash only sale. Tenant is a marijuana dispensary MMJ. Most units have been gutted and ready for full blown remodel. This is for a sophisticated investor that wants to remodel back building from top to bottom. Cash buyers or private financing only and quick closing. Front Building approximantly 2670 sq ft back building approximately 4522 sq ft. All information should be independently researched and verified by purchaser and agent. Owner is listing agent. Sold as is. Back building has been winterized . BACK UNITS NEED TOTAL REMODEL! NO OWNER CARRY! CASH SALE -CLOSE QUICK! Supplements are Proforma , ILC, Roofing Info
  • Price:
  • $1,600,000
  • Square Footage:
  • 7,192
  • Acreage:
  • 0.22
  • Year Built:
  • 1961
  • Listing ID #:
  • 2675652
  • Street Address:
  • 1755 S Broadway
  • City:
  • Denver
  • State:
  • Colorado
  • Postal Code:
  • 80210
  • County:
  • Denver
  • Listing Status:
  • Pending
  • Construction Description:
  • Brick
  • Construction Type:
  • Brick
  • Number Of Units:
  • 14
  • Number Of Units Vacant:
  • 12
  • Stories:
  • 2
  • Stories:
  • Two
  • Total Building Square Footage:
  • 7192
  • Type Of Roof:
  • Membrane
  • Year Built:
  • 1961
  • Gross Income:
  • 53400
  • Operating Expense:
  • 29854
  • Conforms To Zoning:
  • U-Ms-5
  • Existing Land Use:
  • Multi-Family
  • Lot Square Footage:
  • 9375
  • Road Frontage Type:
  • Public Road
  • Road Type:
  • Alley Paved
  • Contingency Type:
  • None Known
  • Days On Market:
  • 246
  • Excluded:
  • Tenants Personal Property
  • Originating Mls:
  • Reco
  • Street Direction Prefix:
  • S
  • Property Taxes:
  • $17,089
  • Tax Year:
  • 2018
  • Parking Spaces:
  • 7
  • Electricity:
  • 110 Volts
  • Existing Water:
  • Public
  • Sewage Type:
  • Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By RE/MAX ALLIANCE
  • COMLIST

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