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2340 S Broadway

Denver, CO 80210 — Denver County — Rosedale-overland Neighborhood

Commercial Sale  $749,000  Expired  Listing# 2968585  

4 beds    4 baths    2718.00 sqft    Lot size: 4166.00 sqft    $275.57/sqft    0.10 acres    1900 build   

 
Updated: 03-07-2020 12:10am

  Property Description

Rare South Broadway investment property opportunity. Great live-work option with retail exposure. Present un-billed use by Seller of high demand garages, storage and retail space could yield an immediate additional rent of $18000 resulting in a 6.2% CAP RATE. With rents below market value there is great upside potential with an even stronger CAP rate. All residential units are currently and historically fully rented. Flexible U-MX-3 Zoning. Front section built circa 1956 and main building circa 1900. RTD-convenient with bus stop just steps away. Good parking with its 2 garages,1 off-street space as well as generally available parking in front of building. New roofs and hot water heater in 2016. Storage unit in garage with its utilities in place could be converted to a common laundry room facility. See property brochure/financials in supplements as well as extensive photos for more details.

  Listing Details

Property Type 
Commercial Sale
Listing# 
2968585
Source 
REcolorado (Denver)
Last Updated 
03-07-2020 12:10am
Status 
Expired
Der PSF Total 
275.57
Off Market Date 
11-15-2019 12:00am

  Property Details

Property Subtype 
Multi-Family
Sold Price 
$749,000
Original Price 
$749,000
List Price 
$749,000
Location 
Denver, CO 80210
SqFT 
2718.00
Year Built 
1900
Acres 
0.10
Bedrooms 
4
Bathrooms 
4
Parking Count 
2
Levels 
Multi/Split

  Property Units Details

#
Unit Type
SqFt
Rent
Total #Units
Beds
Baths
Air cond
Dish wash
Dryer
Fire place
Hook ups
Parking
Refrig.
Storage Units
Stove
Washer
1
1 Bedroom
0.00
900.00
1
0
1
0
0
0
0
0
0
1
0
1
0
2
2 Bedroom
0.00
1100.00
1
0
1
0
0
0
0
0
0
1
0
1
0
3
Studio
0.00
950.00
2
0
2
0
0
0
0
0
0
2
0
2
0
4
0.00
1100.00
5
0
0
0
0
0
0
0
0
0
0
0
0

  Map

  Property Level and Sizes

SqFt Lot 
4166.00
Lot Features 
Wired for Data
Lot Size 
0.10
Basement 
None

  Financial Details

PSF Total 
$275.57
PSF Finished All 
$275.57
PSF Finished 
$275.57
PSF Above Grade 
$275.57
Previous Year Tax 
5042.00
Year Tax 
2018
Is this property managed by an HOA? 
No
Primary HOA Fees 
0.00

  Interior Details

Interior Features  
Wired for Data
Appliances  
Oven, Refrigerator
Electric  
Central Air
Flooring  
Carpet, Laminate, Linoleum
Cooling  
Central Air
Heating  
Forced Air, Natural Gas
Utilities  
Cable Available

  Exterior Details

Patio Porch Features  
Patio

  Garage & Parking

Parking Spaces  
2
Type
# of Spaces
L x W
 Description
Garage (Detached)
2
-
Off-Street
1
-

  Exterior Construction

Roof  
Composition
Construction Materials  
Brick, Frame, Wood Siding
Architectural Style  
Traditional
Builder Source 
Public Records

  Land Details

PPA 
7490000.00
Road Surface Type 
Paved

  Schools

Elementary School 
Asbury
Middle School 
Grant
High School 
South

  Walk Score®


 


  Contact Agent

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