$1,170,000
$1,195,000
2.1%For more information regarding the value of a property, please contact us for a free consultation.
8 Beds
4 Baths
3,200 SqFt
SOLD DATE : 02/12/2024
Key Details
Sold Price $1,170,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,200 sqft
Price per Sqft $365
Subdivision Evanston Second Filing
MLS Listing ID 4270232
Sold Date 02/12/24
Bedrooms 8
HOA Y/N No
Originating Board recolorado
Year Built 1951
Annual Tax Amount $3,533
Tax Year 2022
Lot Size 6,098 Sqft
Acres 0.14
Property Description
2415 & 2417 S Marion St was completely renovated in 2022-2023 and has essentially already been converted to a total of 4 units that would consist of 4 two-bedroom/one-bath units. This conversion/remodel includes almost everything to be brand new including cabinets, appliances, floors, fixtures, and more.
Currently, the property is operating as 2 units that each consist of four-bedrooms, two-bathrooms, and two complete kitchens. Simply adding drywall to close the entryway would complete the conversion to 4 units (nonconforming) and allow for the premium rents that being near Denver University and Observatory Park demands.
This asset provides the next owner peace of mind and ease of management. Furthermore, its location, proximity to DU, nearby parks, and vibrant South Broadway retail and restaurant scene ensures a strong tenant base with continuous growth and natural appreciation.
County: Denver
Year Built: 1951 (Renovated 2022)
# Buildings: 1
# Stories: 1
Construction: Wood Frame
Roof Type: Pitched
Gross Building SF: 3,200
Lot Size: 6,212 SF
Parking: Street
Heating: Forced Air
Water/Sewer: Master
Gas/Electric: Individual
Zoning: E-TU-C
PROPERTY HIGHLIGHTS
- 2 Spacious 4-bedroom units that could be converted into 4 2-bedroom units
- Turn-key asset with full renovation in 2022-2023 to include entire bathroom, kitchens, cabinets, floors, countertops, windows, etc
- New Roof 2018
- New water heaters, furnaces, and appliances
Location
State CO
County Denver
Zoning E-TU-C
Rooms
Basement Full
Interior
Heating Forced Air
Cooling Other
Fireplace N
Laundry In Unit
Exterior
Exterior Feature Private Yard
Roof Type Composition
Garage No
Building
Lot Description Level
Story One
Sewer Public Sewer
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Asbury
Middle Schools Grant
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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