1570 Saint Paul St - Apartments FOR SALE


Denver, CO 80206- City Park
$1,550,000 USD
206-478-5658
1570 Saint Paul St, Denver, CO for Sale
$1,550,000 USD
Apartments - FOR SALE
1/51
null | 6.18% Cap Rate

1570 Saint Paul St
Denver, CO 80206
City Park


HIGHLIGHTS

  • Turnkey Property with 100% Occupancy, Renovated Units, and Unique Floorplans
  • Prime Location 2 Blocks from City Park
  • 2024 Renovations - Unit 3 has Remodeled Kitchen, Bathroom, In-Unit Washer/Dryer Added
  • 2024 Renovations - Unit 2 has Remodeled Kitchen
  • 2024 Renovations - New Plumbing in Unit 3 and Outdoor Spigot

OVERVIEW

1570 Saint Paul Street presents a fully stabilized, five-unit multifamily opportunity located just two blocks from Denver’s iconic City Park. Originally built in 1890, the property blends historic charm with modern upgrades, including recent 2024 renovations such as remodeled kitchens and bathrooms, updated plumbing, and new in-unit washer/dryer in select units. The building offers a compelling mix of layouts—including a spacious 2-bed with an office, multiple 1-bed units, and a unique unit with a sunroom—catering to a wide range of renter profiles. The property boasts near 100% historical occupancy and currently has a waitlist of prospective tenants, giving new ownership a path to further increase rents. Located in the heart of City Park, tenants are walking distance to the Zoo, Museum of Nature & Science, and all the restaurants, bars, and venues along Colfax. Tenants also enjoy a fenced backyard with BBQ area, dog run, garden space, and five off-street parking spots. 1570 Saint Paul presents a great blend of character, modern functionality, and stability in one of Denver’s most desirable and resilient neighborhoods. County: Denver Year Built: 1890 # Buildings: 1 # Stories: 3 # Units: 5 GBA: 5,000 SF Lot Size: 6,245 SF Construction: Masonry Roof: Pitched Air Conditioning: Central Heating: Hot Water Electric / Gas: Individual Water / Sewer: Master Parking: Lot | 5 Spaces Zoning: G-MU-3

FOR SALE DETAILS

PRICE

$1,550,000 USD

PRICE/SF

$310 USD /SF

# OF UNITS

5

PRICE/UNIT

$310,000

CAP RATE

6.18%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1890

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,098 SF

ZONING

G-MU-3

APN/PARCEL ID

2363-13-002

ASK ABOUT THIS PROPERTY

Ellen CummingsKaufman HaganMore Info
206-478-5658

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Ellen CummingsKaufman HaganMore Info
206-478-5658

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