3390 S Pearl Street # 1-6 Englewood, CO $ 1,900,000
3390 S Pearl Street # 1-6
$ 1,900,000
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3390 S Pearl Street # 1-6

Englewood, CO, 80113
$ 1,900,000
Baths0.0 Sq 4,000

Monthly Estimate*

$ 12,628

Listed by Pinnacle Real Estate Advisors
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Studio

Commercial Property for sale in Englewood, CO

for $1,900,000. This 4,000 square foot building was built in 1952 on a lot size of 0.14.

This listing is for ALL 6 UNITS at the condo-complex building of the property. Each unit is parceled out as an individual condo. Legal descriptions for all 6 units in the listing are as follows: UNIT 1 AS PER CONDO DECLARATION RECORDED IN B4346 P605 SWEETWOOD CONDOS; UNIT 2 AS PER CONDO DECLARATION RECORDED IN B4346 P605 SWEETWOOD CONDOS; UNIT 3 AS PER CONDO DECLARATION RECORDED IN B4346 P605 SWEETWOOD CONDOS; UNIT 4 AS PER CONDO DECLARATION RECORDED IN B4346 P605 SWEETWOOD CONDOS; UNIT 5 AS PER CONDO DECLARATION RECORDED IN B4346 P605 SWEETWOOD CONDOS; UNIT 6 AS PER CONDO DECLARATION RECORDED IN B4346 P605 SWEETWOOD CONDOS------ 3390 S. Pearl Street is a very unique condo building that is located in the heart of Englewood. This amazing location sits directly across the street from Swedish Medical Center and just down the road from Craig Hospital This building has numerous restaurants within walking distance. In 2017, the owner took this building down to the studs and completed a renovation of the entire building. Last year, in 2023, the owner installed a brand-new electrical system and updated the plumbing. All major bones have been updated. Each floor is equipped with a washer/dryer set, granting tenants convenient access to a share laundry room exclusive to just two tenants. This is a great opportunity to invest in a low-maintenance turn-key asset.

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Commercial Active

Price

$ 1,900,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 871

Style

Low Rise (1-3)

Lot Size

0.14

Year Built

1952

Town/City

Englewood

County/Region

Arapahoe

MLS | Web ID

4402670

Features
General
Sewer Public Sewer
Zoning M-1
Garage Spaces 0
Construction Materials Brick
Exclusions TBD
Year Built 1952
Stories 2
Unit Number 1-6
Property SubType Multi-Family
Tax Year 2023
Current Use Multi-Family
Gross Income 149407
Building Name The James Apartment
County Arapahoe
Operating Expense 32707
Property Type Commercial Sale
Attached Garage N
Status Active
City Englewood
Buyer Agent Compensation 2.0
NumberOfUnitsTotal 6
Lot Size Units Square Feet
Lot Size Square Feet 6100
Carport Spaces 0
Listing Terms Cash Conventional
Tax Annual Amount 871.91
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 6.14
Buyer Agent Compensation Type %
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Exterior
Water Source Public
Total Parking 5
Lot Size Area 6100
Building Area Total 4000
Lot Size Acres 0.14
Road Surface Type Paved
Road Frontage Type Public
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Internal Only
Street Number 1 3390
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* Excluded Features
List By
Pinnacle Real Estate Advisors

Broker

(303) 962-9543

Phone

Affordability Calculator

$12,701
Per Month
99%
1%
0%
Monthly Principal & Interest
$12,628
Monthly Property Taxes
$73
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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Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/20/2024$1,900,000 Listed Price

Map


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3390 S Pearl Street # 1-6, Englewood, CO, 80113 is a Commercial Property for sale at $1,900,000 with 4,000 sqft and a lot size of 0.14. 3390 S Pearl Street # 1-6 is a studio with 0.0 baths and was built in 1952. The property's zip code is 80113 which is in Englewood, CO