816 CHERRY STREET, DENVER, CO 80220

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816 Cherry Street
Denver, CO 80220

Seller's Representative:
Calibrate Real Estate LLC

Sold Price: $2,000,000

Sold Date: Aug 30, 2021

Baths:
Sq. Ft.: N/A
Type: Commercial
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Listing #5270870
11 One Bedroom Units in Denver's Hale/Mayfair Neighborhood. All Corner Units with Plenty of Natural Light. Major Capital Improvements Include: Windows and Roof. Near Trader Joe's, Safeway, King Soopers and Sprouts. Nearby Affluent Hilltop Neighborhood and Popular Congress Park Neighborhood. Close Proximity to Large Employer: Rose Medical Center. Popular Nearby Restaurants: Chook, Postino, College Inn, Snooze, Kochi Cafe, TAG Burger Bar, Sweet Cooie's Ice Cream, Chop Shop, and Frank & Roze Coffee. Rooftop Access and On-Site, Owner-Owned, Laundry Equipment - Huge Bonus for Tenants! Close Proximity to New AMC Multiplex to Open Soon. 6 Private Parking Spaces. Secured Key Access Building.
Property Features
Location Information
County: Denver
Latitude: 39.72960311
Longitude: -104.93367656
Interior Features
Association Amenities: Bike Storage
Laundry: Coin-operated, Laundry Room
Tenant Pays: Cable TV, Electricity, Internet
Total Number of Units: 11
Exterior Features
Stories: Three Or More
Construction: Brick, Frame
Architecture: Low Rise
Roof: Membrane
Possession: Closing
Water Source: Public
Septic or Sewer: Public Sewer
Utilities: Cable Available, Electricity Connected, Sewer Connected
Security Features: Smoke Detector(s)
Garage Spaces: 0
Parking Spaces: 6
Lot Description: Near Public Transit
Lot Size in Acres: 0.15
Lot Size in Sq. Ft.: 6,350
Current Use: Multi-Family
Zoning: G-MU-5
Building Total Area (Sq. Ft.): 8,610
Road Description: Paved
Road Frontage: Public Road
Road Improvements: Public Maintained Road
Documents Available: Financials, Lease, Profit/Loss Statement
Additional Information
Property Type: COM
Property SubType 2: Multi Family
Year Built: 1961
Status: Closed
Tax Year: 2019
Tax Amount: 10,313
Exclusions: Tenants' personal belongings


$ per month
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Monthly Tax: $
Monthly Insurance: $
Term
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Down Payment
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List Price:
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Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.
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REcolorado® data last updated at December 6, 2021 5:44 PM MT