Share This Listing

Message

960 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Single Story Brick Building with Pitched Roof
  • Individually Metered for Gas & Electric
  • Zoning Allows Flexibility in Residential Form, Permitting Urban Houses, Duplexes, Townhomes, Among Others
  • 7.01% Current CAP Rate
  • Covered Land Play Opportunity on 0.36 Acre Corner Lot
  • Walking Distance to City Park Golf Course, Denver Zoo and Denver Museum of Nature & Science

Executive Summary

JUST LISTED! 6 units in Denver, priced below comparable properties with a 7.01% current CAP rate. Located within walking distance to City Park, Denver Zoo, and the Denver Museum of Nature and Science. Features a 0.36-acre corner lot with a covered land play opportunity. Zoning allows a variety of residential development options, including urban houses, duplexes, townhomes, garden court developments, small apartment buildings, and accessory dwelling units (ADUs), all within a 2.5-story height limit. Can be purchased with 2855 N Harrison Street.

Data Room Click Here to Access

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $117,203 $30.56
Other Income - -
Vacancy Loss $5,860 $1.53
Effective Gross Income $111,342 $29.03
Taxes $10,833 $2.82
Operating Expenses $16,456 $4.29
Total Expenses $27,290 $7.12
Net Operating Income $84,053 $21.92

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $117,203
Annual Per SF $30.56
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $5,860
Annual Per SF $1.53
Effective Gross Income (CAD)
Annual $111,342
Annual Per SF $29.03
Taxes (CAD)
Annual $10,833
Annual Per SF $2.82
Operating Expenses (CAD)
Annual $16,456
Annual Per SF $4.29
Total Expenses (CAD)
Annual $27,290
Annual Per SF $7.12
Net Operating Income (CAD)
Annual $84,053
Annual Per SF $21.92

Property Facts

Price $1,201,357 CAD
Price Per Unit $200,226 CAD
Sale Type Investment
Cap Rate 7.01%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.36 AC
Building Size 3,835 SF
No. Stories 1
Year Built 1953
Parking Ratio 1.3/1,000 SF
Zoning R2

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 6 $1,631 CAD 639
Moderately walkable
60/100
Moderately drivable
70/100
Some public transit
50/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2254-25-013
Land Assessment
$49,571 CAD
Improvements Assessment
$49,571 CAD
Total Assessment
$123,530 CAD
Annual Taxes
$10,833 CAD ($2.82 CAD/SF)
Tax Year
2025
  • Listing ID: 39853375

  • Date on Market: 2026-03-20

  • Last Updated:

  • Address: 2875 N Harrison St, Denver, CO 80205

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}