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UPDATED:
11/12/2024 07:40 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3864374
HOA Y/N No
Originating Board recolorado
Year Built 1900
Annual Tax Amount $5,813
Tax Year 2023
Property Description
880 Marion St. is a stunning turn-of-the-century converted mansion located in Denver’s highly desirable Cheesman Park neighborhood. The building offers a unit mix of six 1-bedroom apartments. The units offer an elegant blend of historic charm and modern comfort, featuring spacious layouts, high ceilings, and generously sized windows that flood the interiors with natural light. The property presents immediate rental upside, with rents currently below market due to long-term ownership and tenancies. Additionally, the property includes five garage parking spaces, of which only two are capitalized by current ownership, providing even more untapped revenue potential for a new owner. Situated on a prime 7,810 square foot corner lot just three blocks west of Cheesman Park, the building is surrounded by local grocers, cafes and restaurants that make it especially attractive to renters. With its blend of charm, location and growth potential, 880 Marion stands as a prime investment, well-positioned to maintain high-occupancy and reliable returns for years to come.
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Garage Spaces 5.0
Total Parking Spaces 5
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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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 NorthPeak Commercial Advisors, LLC • conner@northpeakcre.com,303-818-1805
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