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1536 York St

12 Unit Apartment Building $4,080,822 CAD ($340,068 CAD/Unit) 3.18% Cap Rate Denver, CO 80206

Executive Summary

1532-1536 York Street is a well-positioned twelve-unit multifamily property in the highly sought-after City Park neighborhood of Denver,
Colorado. The property consists of eight one-bedroom, one-bath units and four studio apartments. Its central location provides tenants
with easy access to some of Denver’s major attractions, including the Denver Botanic Gardens, the Denver Zoo, and City Park. This property offers considerable upside potential through strategic upgrades to each unit, allowing new ownership to capitalize on rising market rents. It presents a solid opportunity for investors seeking dependable tenants and long-term growth in one of Denver’s premier residential areas.

Property Facts

Price $4,080,822 CAD
Price Per Unit $340,068 CAD
Sale Type Investment
Cap Rate 3.18%
Gross Rent Multiplier 19.11
No. Units 12
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.13 AC
Building Size 5,150 SF
No. Stories 3
Year Built 1909
Parking Ratio 1.36/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 4 - 350
1+1 8 - 465
Walk Score ®
Walker's Paradise (93)
Bike Score ®
Biker's Paradise (93)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2363-09-015
Land Assessment
$40,889 CAD
Improvements Assessment
$173,416 CAD
Total Assessment
$214,305 CAD
  • Listing ID: 33436806

  • Date on Market: 2024-10-07

  • Last Updated:

  • Address: 1536 York St, Denver, CO 80206

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