$5,040,000
$5,200,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
9,583 Sqft Lot
SOLD DATE : 05/30/2024
Key Details
Sold Price $5,040,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 7438715
Sold Date 05/30/24
HOA Y/N No
Originating Board recolorado
Year Built 1961
Annual Tax Amount $16,691
Tax Year 2022
Lot Size 9,583 Sqft
Acres 0.22
Property Description
Introducing Pearl Nines, a meticulously renovated 16-unit apartment building ideally situated in the vibrant heart of Capitol Hill, Denver. Boasting an enviable location at 999 Pearl Street, residents can relish the convenience of being within walking distance to a myriad of popular bars and restaurants on Lincoln and Grant Street, as well as the beautiful Cheesman Park just under a mile away. The property is comprised of 7-1Br/1Ba units and 9-2Br/1Ba units, with 14 out of 16 units having undergone extensive renovations. Tenants of Pearl Nines are treated to a host of exceptional amenities, including a newly designed courtyard complete with ample seating and a grilling station, garage parking, on-site laundry facilities, additional off-street parking, and select units with balconies. • 5.17% CAP Rate on Actual Numbers • Assumable Financing at 3.92% for 3.5 more years! • Turnkey 16 Unit Apartment Building Located in the Heart of Capitol Hill • Reserved Underground Garage Parking • Walking Distance to Several Popular Bars, Restaurants and Parks • Numerous Large Capital Improvement Projects Completed (see next page) • Several Amenities Including: On-Site Laundry, Storage Units, Balconies (select units) and a Courtyard with Ample Seating and a Grilling Station
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Exterior Feature Balcony, Gas Grill
Garage Spaces 6.0
Roof Type Unknown
Total Parking Spaces 13
Garage Yes
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Special Listing Condition None
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