1307 N Franklin St, Denver, CO 80218

$1,300,000
5
BD
6
BA
3,949
SqFt

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Courtesy of NorthPeak Commercial Advisors, LLC . conner@northpeakcre.com

List Price
$1,300,000
Status
ACTIVE
MLS#
5710186
Subtype
Residential Income
Year Built
1905
Bedrooms
5
Bathrooms
6
Living Area
3,949
Lot Size
6,517
Acres
0.15
Subdivision
Avon

Property Description

Discover a rare combination of location, size, and extensive renovation at 1307 Franklin Street, an exceptional 4-unit apartment building just steps from the beauty and convenience of Cheesman Park. Residents enjoy private outdoor spaces and immediate access to expansive green space, walking and biking paths, neighborhood restaurants, coffee shops, retail, and the best of urban Denver living. The property has undergone a comprehensive gut renovation, including completely new plumbing and electrical systems, individual furnaces, air conditioning systems, and hot-water heaters, along with completely renovated apartment interiors. The property also features spacious two-bedroom layouts and nine on-site parking spaces seldom found in this premier central Denver location. 1307 Franklin is a fully renovated property that will attract the most discerning tenants and investors alike. Perfectly positioned beside Cheesman Park, this property will produce consistent and predictable cashflow for years to come. Highlights: Over a 2:1 parking ratio Oversized lot Large 2-bedrooms with balconies Incredible Cheesman Park location Completely modern electric, plumbing and HVAC systems Upside in rents – some tenants have not seen increases in 5+ years

Additional Information

Taxes
$7,562
Zoning
U-RH-3A
Heating
Floor Furnace
Air Conditioning
Other
Levels
Two
Roof
Shingle
School District
Denver 1
Elementary School
Dora Moore
Middle School
Morey
High School
East

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