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2445 & 2455 South York Street - Entitled Multifamily Land
0.29 Acres of Commercial Land Offered at $1,950,000 in Denver, CO 80210
Investment Highlights
- High Density, G-MU-5 Zoning
- Covered Land Opportunity
- Close to Transit and Denver University
Financial Summary (Actual - 2023) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2023) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts Under Contract
| Price | $1,950,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | 1031 Exchange | Proposed Use | Multifamily |
| No. Lots | 1 | Total Lot Size | 0.29 AC |
| Price | $1,950,000 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Multifamily |
| Total Lot Size | 0.29 AC |
1 Lot Available
Lot 34-37
| Price | $1,950,000 | Lot Size | 0.29 AC |
| Price Per AC | $6,795,348 |
| Price | $1,950,000 |
| Price Per AC | $6,795,348 |
| Lot Size | 0.29 AC |
two Side by Side 6,250 sqft lots totalling 12,500 sqft of G-MU-5 Zoning.
Description
Rare opportunity for this covered land deal with G-MU-5 Zoning allowing for a multitude for residential options. Design and Build options include 8-10 townhouse or multifamily from 20-45 units on this 12,500 square foot infill lot. Your choice to Build and sell or lease. The property is currently a, tenant-occupied 4 unit & separate garage rental and a single family with unfinished basement. These two properties 2445 and 2455 s. York Street are being sold together and have some density advantages being one block away from University Blvd. Other advantages are proximity to park, Harvard Gulch Trail system, restaurants, hospital, local coffee roaster, and of course Denver University and the Newman Center of Performing Arts. The south building (2455) is being utilized as one entire unit currently. It is set up to be a up/down duplex with exterior access to the lower unit through the back yard.
zoning
| Zoning Code | G-MU-5 (Allows for Multiple Uses up to 5 stories tall) |
| G-MU-5 (Allows for Multiple Uses up to 5 stories tall) |
Presented by
2445 & 2455 South York Street - Entitled Multifamily Land
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