401 N Delaware Street, Denver, CO 80204 - SOLD
$1,850,000

401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
401 N Delaware Street, Denver, CO 80204
About This Property

4Beds
Baths
5,256 SQ.FT.
MLS# 9320118

This place is amazing, with modern finishes, an open concept, and a must-see in Denver. Let your imagination run wild with the possibilities. One of the most unique properties in Baker, this former commercial frame & photo building converted to residential on the market for the first time in over 15 years. Currently used as an owner-occupied with 2 Airbnb units. Your use options are endless, zoning allows for options, build-up, add rooftop decks with a flat roof, build addition unit(s) on the parking lot that is included in the sale. Rents listed are estimated as the property has been used for Airbnb for the last few years. Please check out both 3D Matterport For a virtual walkthrough of all units.


Listing Provided by Engel & Volkers Denver

Property Details

List Price:
$1,900,000
MLS ID:
9320118
Beds:
4
Baths:
0
Living Area:
5,256 sqft
Status:
Closed
Town:
Denver
Property Type:
Residential Income
Price Per Square Foot:
$361.49
Taxes:
4,075

List Price:$1,900,000
Sold Price:$1,850,000
Sold Date:12/15/2020
Status:Closed
MLS ID:9320118
Town:Denver
County:Denver
Subdivision:Baker
Zip:80204
Property Type:Residential Income
Property Sub Type:Triplex
Bedrooms:4
Living Area:5,256 sqft
Acres:0.22
Taxes:4,075
Above Grade Finished Area:5,256
Architectural Style:Loft, Mid-Century Modern
Association Fee:$0
Bathrooms Total Integer:5
Building Area Source:Builder
Buyer Financing:Cash
Elementary School:Valverde
Heating:Forced Air
High School:West
Building Area Total:5,256
Listing Contract Date:2020-10-22
Lot Size Square Feet:9,375
Carport Spaces:0
Lot Features:Many Trees, Near Public Transit, Subdividable
Middle Or Junior School:Kepner
Parcel Number:5102-12-028
Parking Features:Concrete
Directions:Google
Electric:220 Volts
High School District:Denver 1
Year Built:1954
Direction Faces:East
Exterior Features:Garden, Private Yard
Levels:Two
Elementary School District:Denver 1
Tax Year:2019
Gross Income:$95,000
Construction Materials:Block, Concrete
Cooling:Central Air
Listing Terms:Cash, Conventional, Jumbo, VA Loan
Foundation Details:Slab
Exclusions:Personal Items
Middle Or Junior School District:Denver 1
Operating Expense:$9,500
Original List Price:$1,900,000
Ownership:Individual
Possession:Close Plus 30 Days
Parking Total:8
Water Source:Public
Patio And Porch Features:Covered, Front Porch, Patio
Zoning:U-RH-2.5
Special Listing Conditions:None
Roof:Tar/Gravel, Unknown
Sewer:Public Sewer
Utilities:Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Connected
Property Condition:Updated/Remodeled
Actual Annual Net Income:$85,500
Association Fee 3 Annual:0.00
Cap Rate Calculation:Estimated based on rents listed.
Closing Comments:Seller Credited Buyer 20, 000 towards purchase price
Coming Soon Date:2020-10-16
Commission Modified:NA
Contract Earnest Check To:Chicago Title
Contract Min Earnest:25000.00
Expected Active Date:2020-10-22
Green Verification Count:0
Is Incorporated Yn:Yes
No Showings Until Date:2020-10-24
Offstreet Spaces:8
Parking Count:1
Ppa:8409090.91
Price Type:List Price
Projected Annual Expense:$9,500
Projected Annual Net Income:$85,500
Projected Gross Income:95000.00
Psf Above Grade:351.98
Psf Finished:351.98
Psf Total:351.98
Restrictions Covenants Yn:No
School Of Choice Yn:Yes
Submitted Prospect Yn:No
Title Company:Chicago Title
Unit Count:3
Utility Billing To Tenants:Separate Bill from Owner
Utility Metering:Common Electric, Common Gas, Common Water
Road Responsibility:Public Maintained Road
Structure Type:Triplex

Listing Courtesy of: Engel & Volkers Denver
Listing Agent: Jim Cavoto
720-309-3014

Map of 401 N Delaware Street, Denver, CO 80204


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REcolorado® data last updated on March 28, 2024 06:22 AM

Based on information submitted to the MLS GRID as of March 28, 2024 06:22 AM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS.

Property Last Updated: December 03, 2022 03:14 AM