1755 S Broadway, Denver, CO 80210

$1,600,000
List Price
$1,600,000
Type
Multifamily
Status
PENDING
MLS Number
2675652
Total Sqft
7192
Year Built
1961

Property Description

Platt Park, South Broadway redevelopment opportunity! 14 units total! .....Back building 7 -1 bed units ,1 studio and 1 unit with 2 bed in a detached apartment building. Three commercial units on South Broadway. Two additional residential or retail units above storefront retail units. New roofs installed on both buildings in 2017. Very sought after neighborhood - Platt Park. Located on South Broadway. New roofs for both building in 2017.Flexible zoning code of U-MS-5. Using a 6% cap value would be $3,393,433 after being remodeled a fully leased.. Bring a flashlight for showings. Cash only sale. Tenant is a marijuana dispensary MMJ. Most units have been gutted and ready for full blown remodel. This is for a sophisticated investor that wants to remodel back building from top to bottom. Cash buyers or private financing only and quick closing. Front Building approximantly 2670 sq ft back building approximately 4522 sq ft. All information should be independently researched and verified by purchaser and agent. Owner is listing agent. Sold as is. Back building has been winterized . BACK UNITS NEED TOTAL REMODEL! NO OWNER CARRY! CASH SALE -CLOSE QUICK! Supplements are Proforma , ILC, Roofing Info

Additional Information

Zoned
U-MS-5
Lot Size
9,375
Acres
0.22
Contstruction
Brick
Taxes
$17,089
Tax Year
2018

Courtesy of RE/MAX ALLIANCE

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