1124 Saint Paul St - Apartments FOR SALE


Denver, CO 80206- Congress Park
$2,375,000 USD
303-263-6260
1124 Saint Paul St, Denver, CO for Sale
$2,375,000 USD
Apartments - FOR SALE
1/15
null | 4.96% Cap Rate

1124 Saint Paul St
Denver, CO 80206
Congress Park


HIGHLIGHTS

  • All units have seen major renovations
  • Large unit layouts with front and back doors
  • Laundry on-site
  • Charming units with hardwood floors and open floor plans
  • Located in highly desirable Congress Park

OVERVIEW

1124 St. Paul Street is a classic vintage multifamily property located in Denver’s highly desirable Congress Park neighborhood. This elegant brick building comprises six apartment units, including four spacious two-bedroom units with large covered balconies and two charming one-bedroom units featuring private patios. Additionally, the property includes five garage spaces accessed via the alley. The building retains much of its original architectural character—highlighted by fireplaces, hardwood floors, and French doors—all six units have undergone significant renovations. The property is currently managed by a professional third-party management company. Despite the improvements and strong rental market, several units remain leased below market value due to existing lease terms. However, current conditions support achieving pro forma rents as leases turn over. This is a rare opportunity to own a timeless asset in one of Denver’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$453 USD /SF

# OF UNITS

6

PRICE/UNIT

$395,833

CAP RATE

4.96%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,418 SF

ZONING

U-TU-C

APN/PARCEL ID

5011-30-014

ASK ABOUT THIS PROPERTY

Kevin CalameNorthPeak Commercial AdvisorsMore Info
303-263-6260

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Kevin CalameNorthPeak Commercial AdvisorsMore Info
303-263-6260

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.