$6,300,000
$6,500,000
3.1%For more information regarding the value of a property, please contact us for a free consultation.
0.29 Acres Lot
SOLD DATE : 11/25/2024
Key Details
Sold Price $6,300,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 8577613
Sold Date 11/25/24
HOA Y/N No
Originating Board recolorado
Year Built 1947
Annual Tax Amount $29,804
Tax Year 2023
Lot Size 0.290 Acres
Acres 0.29
Property Description
195 Jackson St. is a 20-unit property located in the highly desirable Cherry Creek North neighborhood. It consists of 7-1bd/1ba units, 13 sought after 2bd/1ba units, and includes 12 covered parking stalls. In addition, 11 of the 2 bedrooms and 2 of the 1 bedrooms have had substantial renovations within the last year. Cherry Creek is one of Denver’s most prestigious neighborhoods, known for its upscale residential, highly coveted commercial district, and an abundance of recreational amenities. The area boasts a mix of high end boutiques, gourmet restaurants, and art galleries. This property will continue to benefit from it’s location where the average income is approximately $135,000 and the median home price exceeds $1.2M! Investors will have the opportunity to acquire an asset that is in excellent condition and literally the only affordable housing option in all of Cherry Creek.
Location
State CO
County Denver
Zoning G-RH-3
Interior
Fireplace N
Exterior
Total Parking Spaces 12
Garage No
Building
Sewer Public Sewer
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NorthPeak Commercial Advisors, LLC
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Broker-Associate, REALTOR® | Lic# ER 40015768