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$1,100,000

1244 Stuart, Denver CO 80204, Denver, Colorado, 80204

Property Description
8 Bedrooms
3,328 Sqft
Year Built: 1978
Building Area: 3,328 Sqft
Lot Area: 9,558 Sqft

This is currently a 4-unit apartment building – but much more is possible.
Fully entitled and permit approved for a 13-unit condominium building just steps from the Perry St Light Rail station overlooking Lakewood Dry Gulch Park. Plans include; four 2-bed/2bath units, nine 1-bed/1-bath units, and 13 covered parking spaces. Each unit includes its own private outdoor space. Lots of versatility: Rent the entire building, sell part and keep part, or sell the entire thing. You can also sell/lease the parking spaces separate from the apartments. There is currently a four-unit apartment building on the 9800 sq. ft. lot. Two units are ready to rent. With a little cleaning up they could each generate $1,600 per month and a 6-cap. Rent it as-is, or avoid the 24-month design and approval period and get started building the day you close. As an added bonus, this project is not subject to Denver’s new affordable housing restrictions and fees.

About This Property
Attached Dwelling
3,328 Sqft
: Two
6
$3,765
: Not New, Previously Owned
Building Details
: Wood/frame, Brick/brick Veneer
: Contemporary/modern
: Fiberglass
: Partial
: Outbuildings
: Abuts Private Open Space
: Refrigerator
: Baseboard
: Room Air Conditioner
: Natural Gas
$0
Address Map
1244 Stuart, Denver CO 80204
CO
Denver
Denver
80204
0
W106° 57' 27''
N39° 44' 8.3''
Southwest
East Colfax
Additional Information
1
035183
0109B
: Cash, Conventional
1
1
: Other Owner
2021
G-MU-3
3,328 Sqft
$0
0 Sqft
$0
$0
$0
$0
0 Sqft
Utilities and Services
: Natural Gas Available, Electricity Available, Cable Available
: City Water
: City Sewer, Public Sewer
Custer County
West
Lake Int'l

Denver

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    Listing ID #9707577
    Right Sidebar Info
    Listing Type : For Sale
    Price : $1,100,000
    Bedrooms : 8
    Bathrooms Total : 4
    Square Footage : 3,328 Sqft
    Year Built : 1978
    Lot Area : 9,558 Sqft
    Status : Active
    Property Type : Residential Income
    Listing ID : 9707577
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