1234 York Street

1234 York Street, Denver, CO 80206

  • For Sale $1,400,000
  • Property Type Multi-Family
  • Property Size 3,212 SF
  • Units 7
  • Lot Size 0.14 Acre
  • Additional Rent Contact for pricing
  • Year Built 1888
  • Date Updated Aug 9, 2024
Elevate your investment strategy with the prime location of this Central Denver property in the vibrant 80206 area. Nestled in the heart of the city, the area offers a dynamic mix of cultural, culinary, and recreational experiences, appealing to potential Multifamily investors. Boasting close proximity to Cherry Creek Shopping Center and the tranquil Denver Botanic Gardens, the location presents an enticing opportunity for those seeking to establish a presence in this coveted district. With an array of dining and entertainment options at its doorstep, the property benefits from the high demand for urban living and leisure, making it an attractive investment for those looking to capitalize on the area's allure. Cheesman Park gives residents a place to call home within walking distance to most amenities. This calm, laidback residential area is best known for its namesake green space known for its large grassy lawns, shaded jogging trails, and neoclassical marble pavilion with dazzling fountains. You can find live performers and diverse, inclusive cultural events throughout the year here. Cheesman Park is home to the Denver Botanic Gardens as well, attracting locals and visitors to view gorgeous themed gardens. One of the oldest neighborhoods in Denver, the large residential homes and mansions of earlier days have given way to towering high-rise homes with views of the Mile High City and charming apartments in mid-rise buildings. Cheesman Park is one of the most affordable neighborhoods in Denver and offers a great location. There are several cozy coffee shops, cafes, and craft-cocktail bars surrounding the neighborhood. Residents enjoy easy access to downtown Denver attractions and the University of Colorado-Denver campus as well.1234 York Street is an extremely well-maintained, updated, and turn-key charming Multifamily investment property nestled in the Cheesman Park Neighborhood of Central Denver. Built in 1888, the 3,212 SF building comprises 7 units, providing an attractive opportunity for investors seeking to expand their portfolio. Recent updates include Roof (2019), full sewer replacement (2019), hot water heater and furnace (2016), concrete sidewalk, and front walkway (2021). With 6 onsite parking spaces, a private fenced patio, its historic appeal, and well-maintained features, this property presents an inviting option for those looking to capitalize on the enduring demand for quality housing in the vibrant Central Denver market.

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Highlights

  • - Turn-key Multifamily investment opportunity with an easy path to a 6%+ CAP Rate at market rents
  • - Updated and charming 3,212 SF building with Victorian construction dating back to 1888
  • - 7 updated units for diverse rental potential and zoned G-MU-3 for flexible usage
  • - Prime location in Central Denver between to Cheesman Park, Congress Park and Denver Botanical Gardens
  • - Newer roof, windows, sewer, furnace, H/W heater, front walkway & sidewalk, and 6 parking spaces

Contacts

broker

Robert Lawson

Pinnacle Real Estate Advisors

Location

Getting Around

  • Walk Score ®

    89/100 Very Walkable
  • Transit Score ®

    52/100 Good Transit
  • Bike Score ®

    89/100 Very Bikeable
Powered by Walk Score ®
  • City Denver, CO
  • Neighborhood Congress Park
  • Zip Code 80206
  • Market Denver

Points of Interest

  • 27th & Welton

    1.65 miles

  • 20th & Welton

    1.68 miles

  • 18th & California

    1.79 miles

  • 18th & Stout

    1.85 miles

  • 16th & California

    1.86 miles

  • 16th & Stout

    1.91 miles

  • 10th & Osage

    2.46 miles

  • Ball Arena / Elitch Gardens

    2.82 miles

  • I-25 & Broadway

    2.87 miles

  • Louisiana & Pearl

    3.13 miles

  • Sinclair

    0.43 miles

  • Conoco

    0.46 miles

  • Conoco

    0.72 miles

  • Conoco

    0.84 miles

  • Conoco

    0.87 miles

  • Conoco

    1.03 miles

  • Phillips 66

    1.07 miles

  • Conoco

    1.26 miles

  • Conoco

    1.46 miles

  • Circle K

    1.52 miles

  • Underground Parking

    0.24 miles

  • Denver Botanic Gardens Parking Garage

    0.28 miles

  • East High School Parking Lot

    0.39 miles

  • Funeral Parking

    0.48 miles

  • 2900 Parking

    0.54 miles

  • 1430 Humboldt Apartments Parking lot

    0.56 miles

  • Business Parking

    0.57 miles

  • IMT at City Park

    0.60 miles

  • K Parking Garage

    0.82 miles

  • Patient Parking

    0.89 miles

  • Ramada Denver Downtown

    0.74 miles

  • Days Inn Denver Downtown

    0.90 miles

  • Royal Palace Motel

    1.05 miles

  • Halcyon

    1.07 miles

  • Moxy Denver Cherry Creek

    1.07 miles

  • Jacquard Hotel & Rooftop

    1.17 miles

  • Hotel Clio, a Luxury Collection Hotel, Denver Cherry Creek

    1.18 miles

  • Newhouse Hotel

    1.29 miles

  • Ember Hostel

    1.36 miles

  • The Cambridge

    1.38 miles

  • Shells and Sauce

    0.19 miles

  • Peter's Chinese Cafe

    0.19 miles

  • Chef Zorba's Restaurant

    0.22 miles

  • Popeyes

    0.29 miles

  • Okinawa

    0.30 miles

  • Jimmy John's

    0.31 miles

  • Which Wich?

    0.31 miles

  • Chipotle

    0.32 miles

  • Pinche Tacos

    0.32 miles

  • Tacos Tequila Whiskey

    0.32 miles

  • East High School

    0.45 miles

  • Good Shepherd School

    0.47 miles

  • The Denver Waldorf School

    0.47 miles

  • Saint Philomena School

    0.49 miles

  • Denver Center for 21st Century Learning

    0.56 miles

  • Saint John Catholic School

    0.67 miles

  • Children's Music Academy

    0.69 miles

  • Good Shepherd Catholic School

    0.71 miles

  • Open Door Christian School

    0.79 miles

  • Dora Moore School

    0.85 miles

  • Little Saints Day Care

    1.14 miles

  • BabyTopia

    1.76 miles

  • Bright Horizons

    1.93 miles

  • Catholic Charities Margery Reed Day Care Center

    2.02 miles

  • Mile High Montessori Early

    2.20 miles

  • Paddington Station Preschool

    2.96 miles

  • Montessori Casa International Preschool

    3.46 miles

  • Fisher Early Learning Center - University of Denver

    3.94 miles

  • Sunshine Academy

    4.01 miles

  • A Plus Kids Child Care

    4.13 miles

Frequently Asked Questions

How much does 1234 York Street cost?

The space currently listed for sale at 1234 York Street asks for $1,400,000.

What is the total square footage of 1234 York Street?

1234 York Street totals 3,212 square feet.

When was this property built?

1234 York Street was built in 1888.

Looking for more in-depth information on this property?

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Contact Listing Broker

broker

Robert Lawson

Pinnacle Real Estate Advisors