1258 N Marion ST, Denver, CO 80218
1258 N Marion ST, Denver, CO 80218
1258 N Marion ST, Denver, CO 80218
1258 N Marion ST, Denver, CO 80218
1258 N Marion ST, Denver, CO 80218
1258 N Marion ST, Denver, CO 80218
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$ 2,500,000
Est. payment | /mo

7,739 SqFt


$ 2,500,000
Est. payment | /mo

7,739 SqFt

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,739 sqft

Price per Sqft $323

MLS Listing ID 4880244

HOA Y/N No

Year Built 1960

Annual Tax Amount $15,660

Tax Year 2024

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Multi Family

Source recolorado

Property Description

1258 N Marion St is a 12-unit multifamily property ideally located just steps from Cheesman Park in one of Denver's most desirable central neighborhoods.

The property consists of 11 one-bedroom units and 1 studio, offering a strong and highly leasable unit mix in a proven rental submarket. Units are in good overall condition and have been upgraded with modernized kitchens and bathrooms, and each unit includes a dishwasher.

The building has also undergone significant capital improvements, including newer windows and an upgraded electrical system, helping reduce future maintenance exposure and enhance overall efficiency.

The property includes five on-site parking spaces that generate additional income. With solid in-place rents and continued rent growth potential, 1258 N Marion St presents a compelling investment opportunity in a high-demand Denver location.

Location

State CO

County Denver

Zoning G-MU-3

Interior

Fireplace N

Exterior

Utilities Available Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available

Roof Type Membrane

Total Parking Spaces 5

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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REColorado (REColorado MLS)
Listed by Altos Realty Advisors, Inc.

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Rick Perez

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1258 N Marion ST