1600 Steele St, Denver, CO

Name: 1600 Steele St, For Sale in Denver - Zoocasa
Brand: American City Real Estate
SKU: 8299990
Price: 1195000 USD

House

For Sale

Listed price in listed location currency (USD).

$1,195,000

000

MLS® 8299990

Overview

Key Facts

Type Multi Family

Levels Commercial Sale

Size -

Garage

Taxes $9,235

Days Active 4

Lot Size 0.11 Acres

Approx. Age 1905

MLS® Number 8299990

Property Address: 1600 Steele St, Denver, CO, 80206-1734

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity in highly desirable South City Park! A 4, 690sf corner lot zoned U-TU-O with UO-3 overlay offers incredible potential for live on, investors or developers looking to build equity through renovation. Whether you’re envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning opens the door to a variety of possibilities. Buyer to verify zoning, use, grandfathered status, rents, leases, unit configuration, and future rental options. The Denver Square has been thoughtfully converted into 2 separate units and 4 large one bedroom apartments were added behind. A gigantic 7th unit is in the basement. Numerous charming and elegant Victorian details have been preserved, adding character to the living spaces. Heat is provided by a central boiler. Gas & electricity are separately metered and laundry is on site. The most compelling element of this asset is the significant upside in the rents. This property is ideal for an owner-occupant or investor, producing cash flow, tax write-offs and growth. 1600 Steele is on a tree-lined street surrounded by established homes, one block to City Park with easy access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. A rare chance to secure an asset with value-add potential in a great neighborhood!!!

MLS® Number8299990

Laundry Level

Central VacNo

FireplaceNo

Acreage

Exterior

Garage

Approx. Age1905

Basement

DrivewayGravel

Garage Spaces

Heat

A/C

Extras

Map

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