1410 N Gilpin Street, Denver, CO, 80218

Architected by William Lang around the same time he was designing the Molly Brown house, this silver boom Victorian mansion provides the ideal living experience that tenants love. Proximity (1 block) to Cheesman park gives them the urban outdoor living experience that they crave. This well maintained and low maintenance investment features very desirable apartments full of original wood finishes and room to raise lease rates. Tenants pay all utility costs. Additional revenues are generated from three off street parking spaces, a leased one-car detached garage, pet rent, and building owned laundry equipment.

There is an existing assumable loan with a balance of $991,551 as of 5/20/22 and a fixed interest rate of 3.12% until November 2026. Buyer pays 1% assumption fee. This attractive financing and the market 3.7% cap rate make 1410 Gilpin a compelling investment opportunity!

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