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LoKation Real Estate
1154 N Corona St, Denver, CO 80218
- $1,200,000
- 6
- BD
- 5
- BA
- 3,081
- SqFt
Courtesy of NorthPeak Commercial Advisors, LLC . austin@northpeakcre.com,970-692-3008
- List Price
- $1,200,000
- Status
- ACTIVE
- MLS#
- 3313341
- Subtype
- Residential Income
- Year Built
- 1906
- Bedrooms
- 6
- Bathrooms
- 5
- Living Area
- 3,081
- Lot Size
- 6,312
- Acres
- 0.14
- Subdivision
- Capitol Hill
Property Description
Positioned at 1154 Corona Street, this well-located four-unit property offers investors a compelling combination of stable in-place income, recent capital improvements, and immediate upside potential. The property features a desirable unit mix of one 3-bedroom, one 2-bedroom, one 1-bedroom, and one studio unit. Tenants and owners alike will benefit from a rare 1:1 parking ratio. Recent updates to the roof and electrical systems provide valuable peace of mind and reduce near-term capital expenditure concerns. Two long-term tenants contribute to the property’s stability while also giving a new owner the opportunity to bring rents up to current market levels over time. Residents enjoy an exceptional central Denver location within easy walking distance of Cheesman Park, with convenient access to Cherry Creek, neighborhood restaurants, retail, entertainment, public transportation, and major employment centers. With a versatile unit mix, dedicated parking, recent major-system improvements, strong neighborhood appeal, and built-in rental upside, 1154 Corona Street is an attractive acquisition for investors seeking both dependable income and long-term growth in one of Denver’s most desirable urban neighborhoods.
Additional Information
- Taxes
- $5,873
- Zoning
- G-MU-3
- Heating
- Radiant
- Air Conditioning
- None
- Levels
- Three Or More
- Roof
- Shingle
- Garage Spaces
- 2
- School District
- Denver 1
- Elementary School
- Dora Moore
- Middle School
- Dora Moore
- High School
- East
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