1725 Race Street

Denver, CO 80206

$1,500,000
Price
Beds
4,104 Sq. Ft.
$365 / Sq. Ft.
4,104
Sq. Ft.
$365
per Sq. Ft.

Description

Capstone Apartment Partners is pleased to present a prime investment opportunity in 1725 Race St: a well-maintained legacy asset offering a diverse unit-mix, including studio, 1-bedroom, and 3-bedroom units. With potential for rent increases through unit renovations, six off-street parking spots, and seller financing available, this property is an attractive prospect for multifamily real estate investors looking for immediate cashflow and mid-term appreciation. Its strong in-place numbers and proven...Capstone Apartment Partners is pleased to present a prime investment opportunity in 1725 Race St: a well-maintained legacy asset offering a diverse unit-mix, including studio, 1-bedroom, and 3-bedroom units. With potential for rent increases through unit renovations, six off-street parking spots, and seller financing available, this property is an attractive prospect for multifamily real estate investors looking for immediate cashflow and mid-term appreciation. Its strong in-place numbers and proven operating history under third-party management further enhance its appeal.
  1. Listed by Adam Riddle • Capstone Apartment Partners, LLC • ariddle@capstone-companies.com

Amenities

  • Off-Street Parking

Location

Listing Courtesy of Capstone Apartment Partners, LLC, Adam Riddle
Add your commute
LISTING UPDATED: 04/09/2024 09:25 AM

Property Details for 1725 Race Street

StatusActive
MLS #3030760
Days on Compass77
Taxes$6,195 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCommercial Sale
MLS TypeMulti-Family
Year Built1906
Lot Size0.15 AC / 6,534 SF
CountyDenver County

Location

Listing Courtesy of Capstone Apartment Partners, LLC, Adam Riddle
Add your commute

Building Information for 1725 Race Street

Stories-Residences6Year Built1906Lot Size0.15 AC / 6,534 SF

Payment Calculator

$8,702 per month

30 year fixed, 7.25% Interest

Principal and Interest

$8,186

Property Taxes

$516

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1725 Race Street

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 4104
  • Sqft Total: 4104
  • PSF Total: 366
  • Master on Main: No
Unit Information
Unit 1
  • Unit Type: Studio
  • Units Total: 3
  • Unit Average Sq Ft: 455
Unit 2
  • Unit Type: 1 Bedroom
  • Units Total: 2
  • Unit Average Sq Ft: 547
Unit 3
  • Unit Type: 3 Bedroom
  • Units Total: 1
  • Unit Average Sq Ft: 1354
Unit Information
  • Number Of Units Total: 6
Parking
Parking
  • Attached Garage: No
  • Parking Total: 0
  • Garage Spaces: 0
  • Offstreet Spaces: 0
  • Parking Count: 0
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 6534
  • Zoning: G-RO-3
  • Property Exclusions: Tenant Personal Property
Building Information
Building Information
  • Year Built Effective: 2015
  • Unit Count: 3
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Public
  • Sewer: Public Sewer

Property History for 1725 Race Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1725 Race Street

Taxable ValueLand$40,770Additions$46,000Total$86,770
Tax Record2023$6,723 ($560 / month)
Home Facts
Baths7Total Finished SqFt3,119 SqFtAbove Grade Finished SqFt3,119 SqFtStories2Lot Size6,635 SqFtStyleMulti-Family Res (5+ Units)Year Built1906ZoningG-RO-3CountyDENVERAPN02355-17-013-000

Schools near 1725 Race Street

This home is within Denver County 1 School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - PK to 8
Charter - K to 5
Charter - K to 5
Rating
School
Distance
Cole Arts And Science Academy
PublicPK to 5

Whittier K-8 School
PublicPK to 8

University Preparatory School
CharterK to 5

Wyatt Academy
CharterK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

1725 Race Street is for sale in Denver, CO 80206. This property was listed for sale on January 22, 2024 by Capstone Apartment Partners, LLC, it's currently listed at $1,500,000. It has been on the market for a total of 77 days and was last sold on August 13, 2015. This listing's school district is Denver County 1 School District. Nearby schools include Cole Arts And Science Academy, Whittier K-8 School and University Preparatory School. 1725 Race Street is a 0-bed, 0-bath, 4,104 sqft built in 1906.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Capstone Apartment Partners, LLC, Adam Riddle

The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than Compass are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. This publication is designed to provide information with regard to the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL. All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis. © 2024 METROLIST, INC., DBA RECOLORADO® - All Rights Reserved 6455 S. Yosemite St., Suite 300 Greenwood Village, CO 80111 USA. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.