SOLD: 1325 Madison Street (12 units)

Calibrate Real Estate announces that Greg Johnson and Kyle Malnati has successfully facilitated the off-market sale of a 12-unit apartment building located at 1325 Madison Street in Denver, Colorado. This property is located in the ideal Congress Park neighborhood just block from 12th Avenue retail: TAG Burger, Sienna Wine Bar, and Cooie’s Ice Cream. 

At Calibrate Real Estate we truly appreciate repeat clients, cumulatively, Greg Johnson and Kyle Malnati have completed 8 transactions with this Buyer and Seller for a gross sales volume of over $14 Million. 

See below for more details on this sale;

Denver Neighborhood: Congress Park
Address: 1325 Madison Street, Denver Colorado 80206
Sale Date: January 10, 2018
Sale Price: $2,475,000.00
Price/Unit: $206,250
Price/SF: $300.11
# of Units: 12
Building Size: *8,247 SF
Lot Size: *6,935 SF
Year Built: 1960
Zoning: U-RH-2.5
*Buyer to verify accuracy of square footage. Square footage data was obtained from Denver County Assessor’s website.*

UNIT BY UNIT RENT ROLL:
1:
1Br/1Ba $1,055/Month
2: 
1Br/1Ba $1,070/Month
3: 
Studio $1035/Month
4: 
1Br/1Ba $1,220/Month
101: 
1Br/1Ba $1,300/Month
102: 
1Br/1Ba $1,105/Month
103: 
1Br/1Ba $1,080/Month
104: 
1Br/1Ba $1,215/Month
201:
1Br/1Ba $1,285/Month
202: 
1Br/1Ba $1,215/Month
203: 
1Br/1Ba $1,050/Month
204: 
1Br/1Ba Vacant 


PROPERTY HIGHLIGHTS:
–  Renovated property in turn-key condition
– New high-efficiency boiler and vinyl windows 
– Beautiful Congress Park location on residential block 
– 7 parking spaces on extra-wide lot
– One block from 12th Avenue retail: Tag Burger, Sienna Wine Bar, Cooie’s Ice Cream 

calibraterealestate196.jpeg

 

Calibrate Real Estate (303) 482-2828
900 E. Louisiana Ave. #203, Denver, CO 80210
http://www.CalibrateRE.com
http://www.DenverApartmentBuildingsForSale.com

 

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