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254 Delaware St
Denver, CO 80223

$1,695,000 USD

Apartments For Sale • 5,810 SF

Property Details

Property Type Apartments
Total Building Size 5,810 SF
Lot Size 0.22 AC
Building Class C
Year Built 1927
Cap Rate 5.68 %
Zoning U-RH-2.5

51 Transit Score

90 Walk Score

                
                    Highlights
                
                                Parcel Split Opportunity for Immediate Highest & Best ROI
                            
                                High Demand Walkable Neighborhood
                            
                                4 Car Garage
                            
                                Possibility to Demo Garage & Build Duplex
                            
                                Vintage Details
                            
                                Multiple Investment Strategies

Property Flyers

Delaware Parcel Split Valuation (24-0919)

Income & Expenses 254-260 Delaware (24-0919)

Financial Summary (Proforma)

Net Operating Income: $96,326 USD (2024)

Cap Rate:	5.68 %
Total Expenses:	$18,874 USD

Amenities

Dishwasher
Fenced Lot
Fireplace
Laundry Facilities
Storage Space
Washer/Dryer Hookup
Recycling
Trash Pickup - Curbside
Vintage Building
Ceiling Fans
Eat-in Kitchen
Kitchen
Hardwood Floors
Refrigerator
Range
Tub/Shower
Yard
Composting
Basement
Breakfast Nook
Dining Room
Lawn
Mud Room
Patio
Porch
Recreation Room
Skylights

Public Transportation

Commuter Rail	Drive	Walk	Distance
Denver (California Zephyr - Amtrak)	7 min	-	2.7 mi
Union Station: Lodo-Coors Field-16Th Street Mall (C Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), W Line - Denver Regional Transportation District Light Rail (TheRide))	7 min	-	2.8 mi
Transit/Subway	Drive	Walk	Distance
Alameda (C Line - Denver Regional Transportation District Light Rail (TheRide), D Line - Denver Regional Transportation District Light Rail (TheRide), E Line - Denver Regional Transportation District Light Rail (TheRide), F Line - Denver Regional Transportation District Light Rail (TheRide), H Line - Denver Regional Transportation District Light Rail (TheRide))	3 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
Denver International	38 min	-	28.0 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	4
Type:	OneCarGarage
Included in Rent:	Yes

Andrew Darlington 303-917-7144 Your Castle Real Estate

254 Delaware St Denver, CO 80223