NOT LISTED FOR SALE
4 Beds
3 Baths
6,705 Sq Ft
6,098 Sq Ft Lot

Last Sold October 29, 2021

Last sale price $3,100,000 $462 Per Sq Ft

5 Days on Market

Highlights

  • Open Floorplan
  • Contemporary Architecture
  • Cathedral Ceiling
  • Morey Middle School Rated A
  • Multiple Fireplaces
  • Wood Flooring

About This Home

As of October 2021

This Fully leased, and well maintained Capital Hill building has architectural flair, loads of wonderful windows, and a fantastic location near the heart of Denver's exciting activities. Newer Boiler, off street parking, 4 garages, off street spaces, and many substantial upgrades. These places are easy to rent, and most of the tenants have been here long term. Rents as stated are actual, and Pro Forma indications are that they will go 5% higher or more in the next year.

Last Agent to Sell the Property

Andrew Muller

RE/MAX of Boulder, Inc License #1180725 Listed on: 08/31/2021

Last Buyer's Agent

Non-IRES Agent

Non-IRES

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,500

Year Built

  • Built in 1904

Lot Details

  • 6,265 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot

Home Design

  • Contemporary Architecture
  • Property Attached
  • Composition Roof
  • Rubber Roof

Interior Spaces

  • 6,705 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Cathedral Ceiling
  • Multiple Fireplaces
  • Wood Flooring
  • Electric Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Basement

  • Basement Fills Entire Space Under The House
  • Partial Basement

Outdoor Features

  • Balcony
  • Patio
  • Outdoor Storage

Schools

  • Dora Moore Elementary And Middle School
  • East High School

Utilities

  • Zoned Heating
  • Hot Water Heating System

Listing and Financial Details

  • Tenant pays for deposit
  • Assessor Parcel Number 502213003

Community Details

Overview

  • No Home Owners Association
  • Association fees include trash, snow removal, ground maintenance, management, maintenance structure
  • 13 Units
  • Capitol Hill Sub Subdivision

Amenities

  • Laundry Facilities

Building Details

  • Gross Income $198,642
  • Net Operating Income $154,992

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,500

Year Built

Built in 1904

Lot Details

6,265 Sq Ft Lot

Listing Details

  • Year Built: 1904
  • Property Sub Type: Attached Dwelling
  • Prop. Type: Residential Income
  • Horses: No
  • Lot Size Acres: 0.14
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Asphalt
  • Subdivision Name: Capitol Hill Sub
  • Directions: from 13th and Ogden.... go north! there is parking behind the building if you need it.
  • Architectural Style: Contemporary/Modern
  • Unit Levels: Three Or More
  • New Construction: No
  • Property Attached Yn: Yes
  • Building Stories: 3
  • Structure Type: Legal Conforming
  • IRESDS_HasWaterRights: No
  • IRESDS_Total Sq Ft: 6705
  • Special Features: None
  • Stories: 3

Interior Features

  • Possible Use: Multi-Family
  • Private Spa: No
  • Appliances: Electric Range/Oven, Refrigerator
  • Accessibility Features: Level Lot
  • Has Basement: Partial, Full
  • Total Bedrooms: 4
  • Fireplace Features: 2+ Fireplaces
  • Fireplace: Yes
  • Flooring: Wood Floors
  • Interior Amenities: Cathedral/Vaulted Ceilings, Open Floorplan
  • ResoLivingAreaSource: Assessor

Exterior Features

  • Roof: Composition, Rubber
  • Fencing: Partial
  • Lot Features: Gutters, Level
  • Waterfront: No
  • Construction Type: Other
  • Exterior Features: Balcony
  • Other Structures: Storage
  • Patio And Porch Features: Patio
  • Property Condition: Not New, Previously Owned

Utilities

  • Electric: Electric, Xcel
  • Heating: Hot Water, Zoned
  • Utilities: Natural Gas Available, Electricity Available
  • Laundry Features: Common Area
  • Heating Yn: Yes
  • Sewer: City Sewer
  • Water Source: City Water, City
  • Gas Company: Natural Gas, Xcel

Condo/Co-op/Association

  • HOA Fee Includes: Trash, Snow Removal, Maintenance Grounds, Management, Maintenance Structure
  • Senior Community: No
  • Association: No

Schools

  • Elementary School: Dora Moore
  • HighSchool: East
  • Junior High Dist: Denver District 1
  • Middle Or Junior School: Dora Moore

Lot Info

  • Zoning: G-MU-5
  • Lot Size Sq Ft: 6265
  • Parcel #: 502213003
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Deposit

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 12500

Multi Family

  • Number Of Units Total: 13
  • Annual Gross Income: 198642
  • Income Includes: ["Lease/Rents","Common Area Fees","Laundry"]
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2022 01/30/22 Off Market $3,100,000 -- --
10/29/2021 10/29/21 Sold $3,100,000 -1.6% $462 / Sq Ft
08/31/2021 08/31/21 For Sale $3,150,000 -- $470 / Sq Ft
Source: IRES MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $16,057 $196,680 $31,500 $31,500
2024 $16,057 $202,740 $26,250 $176,490
2023 $15,710 $202,740 $26,250 $176,490
2022 $13,315 $167,430 $30,380 $137,050
2021 $13,137 $176,050 $31,950 $144,100
2020 $12,396 $167,070 $27,960 $139,110
2019 $12,048 $167,070 $27,960 $139,110
2018 $12,866 $166,300 $26,140 $140,160
2017 $12,827 $166,300 $26,140 $140,160
2016 $9,903 $121,440 $28,903 $92,537
2015 $9,488 $121,440 $28,903 $92,537
2014 $7,988 $96,180 $17,456 $78,724
Source: Public Records

Agents Affiliated with this Home

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Map

Source: IRES MLS

MLS Number: IRE949919

IRES MLS
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