Denver, CO 80203,1240 Pearl ST
Denver, CO 80203,1240 Pearl ST
Denver, CO 80203,1240 Pearl ST
Denver, CO 80203,1240 Pearl ST
Denver, CO 80203,1240 Pearl ST
Denver, CO 80203,1240 Pearl ST
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$1,142,000

$1,200,000

4.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

5 Beds

5 Baths

3,580 SqFt


SOLD DATE : 12/11/2023

Key Details

Sold Price $1,142,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 3,580 sqft

Price per Sqft $318

Subdivision Capitol Hill

MLS Listing ID 7401535

Sold Date 12/11/23

Bedrooms 5

HOA Y/N No

Originating Board recolorado

Year Built 1905

Annual Tax Amount $3,886

Tax Year 2020

Property Description

This beautiful CapHill residence was under contract with a 1031 exchange and fell out in Spring 2022 due to timing on external issues .Leases were renewed at the same rate (no increase for multiple years as is evidence in the financials in supplements) Neighborhood has seen 6% increase in the last year alone. The separate apartments with correct safety exits and entry. Detached two car garage with 4 off-street parking spaces included in sale. 3/2, 2/1, 1/1 apartments are remodeled and heating was replaced in 2022.

HOUSE HACK available in Capitol Hil. 3 units 4 off-street. parking spaces, currently rented to allow for immediate income generation Apts A and B are vacant and tenet in C is ,month to month. 24 hr notice on showings,

Location

State CO

County Denver

Zoning G-MU-5

Rooms

Basement Full

Interior

Heating Steam

Cooling Other

Fireplace N

Exterior

Garage Driveway-Gravel

Garage Spaces 2.0

Roof Type Composition

Parking Type Driveway-Gravel

Total Parking Spaces 4

Garage No

Building

Lot Description Level

Story Three Or More

Sewer Public Sewer

Level or Stories Three Or More

Structure Type Frame

Schools

Elementary Schools Dora Moore

Middle Schools Morey

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, Lease Purchase, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, Lease Purchase, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Keller Williams DTC
Bought with Porchlight Real Estate Group

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Matt Thomas

Consultant | Broker Associate | FA100030130

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