$1,025,000
$1,025,000
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227 S Logan ST #229 Denver, CO 80209
4 Beds
3,096 SqFt
Key Details
Sold Price $1,025,000
Property Type Multi-Family
Sub Type Quadplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,096 sqft
Price per Sqft $331
Subdivision Gallups South Broadway
MLS Listing ID 3634881
Style Denver Square
Bedrooms 4
Year Built 1908
Annual Tax Amount $5,730
Tax Year 2021
Property Sub-Type Quadplex
Property Description
Premium Locale for Urban Tenant Occupancy on S Logan St in the Vibrant Speers Community, Just Steps from Lucile's Creole Restaurant and Optimal Access to Bus Line, Light Rail, Downtown Denver + I25. Ideal Opportunity for the Well Funded, Intuitive, Visionary Investor, Looking to Own a Slice of History in this 1908 Brick Denver Square. Mega Upside Potential is Readily Apparent w/ Astute Renovations & Increased Market Rents. The Building Consists of 2 Sides (227-229) W Separate Front Entrances w 2 One Bedroom Units (Up/Down) on each side. 227 and 229 are Separated by Staircases that lead to the Upper Level Units. All 4 Units Have Separate Rear Entrances as well. All Layouts Set Up the same way (See Floor Plan In Supplements) Front to Back w/ LR/DR/BDRM W/ Hall Closet, Bath & Kitch, to the Side. A Concrete Pad at the Rear of the Lot Provides Off Street Parking for 4 Vehicles. The Large Backyard Creates Potential for Garages & Storage Units (Permitting Would Need to Be Verified). Basements/Storage Areas/Crawl Spaces are Accessed from Separate Cellar Doors at the Back of the Structure. There are Replacement Windows Throughout, but Individually the Units are in Need of a Lot of Updating. Heat and Electric is Individually metered and Billed to Tenants. There are 2 Newer Furnaces and Water Heaters. SOLD STRICTLY AS IS.
Location
State CO
County Denver
Zoning U-TU-B2
Interior
Heating Forced Air
Cooling None
Flooring Linoleum, Tile, Wood
Fireplaces Number 4
Fireplaces Type Living Room
Exterior
Parking Features Concrete
Fence Partial
Utilities Available Cable Available
Roof Type Rolled/Hot Mop
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Brick, Concrete
Schools
Elementary Schools Lincoln
Middle Schools Grant
High Schools South
School District Denver 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with The Hochman Group, LLC