2639 E 12th Avenue Denver, CO $ 1,599,000
2639 E 12th Avenue
$ 1,599,000
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2639 E 12th Avenue

Denver, CO, 80206
$ 1,599,000
Baths0.0 Sq 4,388

Monthly Estimate*

$ 10,627

Listed by ASSIST 2 SELL DENVER METRO
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Studio

Commercial Property for sale in Denver, CO

for $1,599,000. This 4,388 square foot building was built in 1906 on a lot size of 0.12.

Perfect setup for owner to live in one half (2,100 square feet) and have 3 rental units on the other side just like the present owner has done for the past 24 years. Owner occupy loans with 5% down. Then you’ve set yourself up for the perfect investment. Reap the benefit of living in a neighborhood within the city with amenities you love. Excellent opportunity for live/work/ABNB/4-6 unit income producing property with Main Street Zoning U-MS-2. This is a rare opportunity to own a full Duplex Building with 4 units. Yes, the entire building is for sale-2 blocks from Congress Park, includes both sides of this exceptionally well-cared for, remodeled, turnkey and ready to go. Located on a prime corner in the Congress Park Neighborhood’s 12th Ave Business District, across from shops and 4 restaurants. On bus/bicycle route, close to parks and Denver Botanic Gardens. The 4 current units have many new updates including remodeled kitchens, remodeled baths, new fixtures, refinished 115 year old wood floors, new appliances, new paint and feature original woodwork. The beautiful craftsman style-brick exterior has separate egress entrances for units 5 and 6, has 3 covered porches, 2 decks, 2 patios a shared fenced backyard with mature trees and sprinkler system. EZ back to 6 income units for higher cap rate (with mechanicals-water lines and gas lines still in place) and added square footage in the unfinished attic. 5 minutes to the Congress Park Swimming Pool or Denver Botanic Gardens.

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Commercial Active

Price

$ 1,599,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 8,019

Style

Denver Square

Lot Size

0.12

Year Built

1906

Town/City

Denver

County/Region

Denver

MLS | Web ID

7842166

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Phone Connected Sewer Connected
Possession Close Plus 30 Days Close Plus 30 to 60 Days Close Plus 45 Days Close Plus 60 to 90 Days Negotiable Seller Rent Back Subject To Tenant Rights
Roof Composition
Exterior Features Balcony Garden Smart Irrigation
Zoning U-MS-2
Garage Spaces 0
Architectural Style Denver Square
Security Features Carbon Monoxide Detector(s) Security Entrance Smoke Detector(s)
Construction Materials Brick
Exclusions 2639 E 12th Ave (1203 Clayton St) Owner's Personal Property and 1207 Clayton St Tenant's Personal Property Excluded
Year Built 1906
Electric 110V
Tenant Pays Cable TV Electricity Gas Internet Trash Collection
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
County Denver
Property Type Commercial Sale
Attached Garage N
Building Features Bike Storage Laundry Storage
Status Active
City Denver
Buyer Agent Compensation 2.00
NumberOfUnitsTotal 4
Lot Size Units Square Feet
Lot Size Square Feet 5183
Carport Spaces 0
Street Name 12th
Listing Terms Cash Conventional
Tax Annual Amount 8019
Leasable Area 4048
Lease Considered Y/N N
Virtual Tour https://listings.mediamaxphotography.com/2639-E-12th-Ave
Structure Type Free Standing
Standard Status Active
Occupancy Type Owner
Cap Rate 5.3
Buyer Agent Compensation Type %
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Exterior
Lot Features Corner Lot Landscaped Near Public Transit Sprinklers In Front Sprinklers In Rear
Water Source Public
Total Parking 0
Lot Size Area 5183
Building Area Total 4388
Lot Size Acres 0.12
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
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Interior
Street Suffix Avenue
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Internal Only
Street Number 1 2639
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* Excluded Features
List By
Assist 2 Sell Denver Metro

Broker

(303) 507-6448

Phone

Affordability Calculator

$11,296
Per Month
94%
6%
0%
Monthly Principal & Interest
$10,627
Monthly Property Taxes
$668
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/19/2024$1,599,000 Listed Price

Map


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2639 E 12th Avenue, Denver, CO, 80206 is a Commercial Property for sale at $1,599,000 with 4,388 sqft and a lot size of 0.12. 2639 E 12th Avenue is a studio with 0.0 baths and was built in 1906. The property's zip code is 80206 which is in Denver, CO