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1230 Washington St
Denver, CO 80203 Capitol Hill

$1,265,000 USD

Apartments For Sale • 4,248 SF

Property Details

Property Type Apartments
Total Building Size 4,248 SF
Lot Size 0.15 AC
Building Class C
Year Built 1890
Cap Rate 6.02 %
Zoning R3, Denver

70 Transit Score

95 Walk Score

                
                    Highlights
                
                                Beautiful Vintage 8-Unit Apartment Building Located in the Heart of Capitol Hill
                            
                                Priced Well Below Comparable Properties
                            
                                Walking Distance to Whole Foods, Denver Botanic Gardens, Cheesman Park in Addition to Numerous Bars, Restaurants and Coffee Shops
                            
                                Six Off-Street Parking Spaces Provide Additional Income
                            
                                New Roof and Exterior Stairs
                            
                                Excellent Neighborhood Demographics: $100,581 Average Household Income within a One Mile Radius

Property Flyers

1230 Washington Street - OM (EMAIL)

Financial Summary (Actual)

Net Operating Income: $71,365 USD (2024)

Cap Rate:	6.02 %
Total Expenses:	$44,352 USD

Amenities

24 Hour Access
Cable Ready
Laundry Facilities
Microwave
Recycling
Ceiling Fans
High Speed Internet Access
Oven
Range
Wi-Fi
Walk-Up
Smoke Detector

Public Transportation

Commuter Rail	Drive	Walk	Distance
	6 min	-	2.1 mi
Union Station: LoDo-Coors Field-16th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide))	6 min	-	2.2 mi
Airport	Drive	Walk	Distance
Denver International	37 min	-	24.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes

Josh Newell 303-962-9555 Pinnacle Real Estate Advisors

1230 Washington St Denver, CO 80203 Capitol Hill