MLS# 2291224 – 1401 N Ogden Street, Denver, CO 80218

Courtesy of Capstone Apartment Partners, LLC ariddle@capstone-companies.com

Property Description

Description

2,184 Sqft

Status: Active

Property Type: Multi-family

Year Built: 1882

Days on Website: 79

Seller financing available - call for details. Unique mixed-use asset located in the heart of Capitol Hill. Abundance of parking for both retail and residential tenants. Desirable C-MS-5 zoning. Perfectly positioned for operational overhaul to maximize returns. Long-term covered land play opportunity.

Property Details and Features

Building

Effective Year Built:

2019

Occupant Type:

Tenant (Multiple)

Total Area:

2184

Unit Count:

Unit Types:

"Array"

Built in 1882

6 total units

Disclosures

Attribution Contact:

ariddle@capstone-companies.com

Expenses

Operating Expense:

$79,959

Projected Annual Expense:

$104,843

Home Owner's Association

Association Fee Total Annual:

Association Fee Annual:

0.00

Association Fee 2 Annual Expense:

0.00

Association Fee 3 Annual Expense:

0.00

Income

Actual Annual Net Income:

265461.00

Gross Income:

$345,420

Projected Annual Net Income:

$309,888

Projected Gross Income:

$414,731

Listing

Listing Id:

REC2291224

Standard Status:

Active

Mls Status:

Active

Listing Contract Date:

2024-09-05

Listing Terms:

"Cash", "Conventional"

Original List Price:

$4,680,000

Location

County Or Parish:

Denver

Lot

Parcel Number:

5022-07-054

Energy Saving

Green Verification Count:

Parking

Parking Total:

Carport Spaces:

Offstreet Spaces:

Reserved Spaces:

RV Spaces:

Parking Count:

Possession

"Closing/DOD"

Property

Current Use:

"Multi-Family"

Property Sub Type:

Multi-Family

Zoning:

C-MS-5

Sewer

Sewer:

"Public Sewer"

Taxes

Annual Amount:

3815

Legal Description:

(1) 1421 N Ogden [Parking Lot] ? Sched # 05022-07-016-000; (2) 1401 N Ogden [Residential] ? Sched # 05022-07-054-000; and (3) 1401 N. Ogden [Commercial] -- Sched # 05022-07-055-000.

Tax Year:

2023

Utilities

Power Production Count:

Water Included

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Contact an Agent

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Location

$4,680,000 -

1401 N Ogden Street Denver , CO 80218

County Or Parish: Denver

1401 N Ogden Street Denver , CO 80218

Property Description

Description

Open House

Open House

Property Details and Features

Property Details and Features

Contact an Agent

Location

Street View

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