SOLD: 1218 Washington (8 Units)

Calibrate Real Estate announces that Conner Piretti has successfully completed the sale of an 8-unit building located in the heart of Capitol Hill, at 1218 Washington Street. The Sellers have owned this property for several decades and have enjoyed being a part of this historic neighborhood. 

The Buyer has lived in the neighborhood previously and loves everything Capitol Hill has to offer. The Buyer has plans to renovate the apartments and truly capitalize on the value-add opportunity. 

1218 Washington Street – Marketing Brochure

Denver Neighborhood: Capitol Hill
Address: 1218 Washington Street, Denver, CO 80203
Sale Date: 4/30/2018
Sale Price: $1,775,000.00
Price/Unit: $221,875
Price/SF: $256.87
# of Units: 8
Building Size: 6,910 SF*
Lot Size: 6,020 SF*
Year Built:1896
Zoning: G-MU-5
*Reader to verify accuracy of square footage. Square footage data was obtained from Denver County Assessor’s website.*

UNIT BY UNIT RENT ROLL:
1:  1Br/1Ba VACANT
2: 1Br/1Ba $1,195/Month 
3: 1Br/1Ba $1,075/Month
4: STUIDO $1,100/Month
5: 2Br/1Ba VACANT
6: 1Br/1Ba $1,275/Month
7: Carriage House VACANT
8: Basement VACANT


PROPERTY HIGHLIGHTS:

– Central Capitol Hill Location
– Unique Value-Add Property with Hugh Upside
– Updated Systems: Plumbing/Electrical, HW Heater, Furnace, Sewer Line, Gutters & Roof
– 5 Off-Street Parking Spaces
– 3 Bedroom Carriage House – Great Potential for Owner Occupy
– Great Unit Mix: (1) Studio, (4) One Bedrooms, (1) Two Bedrooms, (2) Three Bedrooms 

Calibrate Real Estate (303) 482-2828
900 E. Louisiana Ave. #203, Denver, CO 80210
http://www.CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com