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3279 S Pearl St - Pearl Street Condos 3,154 SF Flex Condo Unit Offered at $1,306,854 CAD in Englewood, CO 80113
Executive Summary
An investment property that can be utilized at a later date as a personal residence once the current lease agreements have expired or been terminated. This property is an up-and-down duplex, with the main-level 1-story home being a separate rental unit from the basement rental unit. The basement unit has a separate outside entrance. There is also a detached ADU rental unit that a tenant currently occupies. The owner has current leases in place for all the units, and the listing agent has all the leases available for inspection and review. The ADU has a heat and cooling unit in the window. The ADU is not currently approved for a rental unit, but a request has been submitted to the City of Englewood for approval. There is no guarantee that the City of Englewood will authorize the ADU to be a legal rental unit, and the seller does not represent that the ADU has been officially approved. All measurements are approximate and are derived from Arapahoe County Records or other sources. Listing agent must be present for all showings. There are three rental units on this property. The main level home, a lower-level rental unit, and an ADU in the back.
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | 1031 Exchange |
| Cap Rate | 4.45% | APN/Parcel ID | 1971-34-4-14-014 |
| No. Parking Spaces | 3 |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.45% |
| No. Parking Spaces | 3 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 1971-34-4-14-014 |
Description
Broker Update: Premier "House Hack" Opportunity in Englewood!
3279 S Pearl Street, Englewood, CO 80113 List Price: $950,000 | Total SqFt: 2,848
Attention Agents! The primary unit at 3279 S Pearl St is vacating August 1st, transforming this from an exclusive investment property into the ultimate owner-occupant opportunity. Your buyers can now live in the main-level home while collecting rent from two additional units, significantly offsetting their mortgage payments!
Property Highlights:
The Main Residence (Available Aug 1st): A spacious, main-level 1-story home featuring 2 bedrooms and 1 full bathroom.
Income Unit 1 (Basement): A separate basement rental unit with 3 bedrooms, 1 bathroom, and its own private outside entrance.
Income Unit 2 (ADU): A detached ADU rental unit currently occupied by a tenant.
Parking & Space: The property includes a 2-car detached garage, 1 off-street space, and sits on a 0.21-acre lot.
Prime Location: Highly walkable area with a Walk Score of 77.
Don't let your buyers miss out on this rare chance to build equity and generate income simultaneously. Reach out today to schedule a showing!
3279 S Pearl Street, Englewood, CO 80113 List Price: $950,000 | Total SqFt: 2,848
Attention Agents! The primary unit at 3279 S Pearl St is vacating August 1st, transforming this from an exclusive investment property into the ultimate owner-occupant opportunity. Your buyers can now live in the main-level home while collecting rent from two additional units, significantly offsetting their mortgage payments!
Property Highlights:
The Main Residence (Available Aug 1st): A spacious, main-level 1-story home featuring 2 bedrooms and 1 full bathroom.
Income Unit 1 (Basement): A separate basement rental unit with 3 bedrooms, 1 bathroom, and its own private outside entrance.
Income Unit 2 (ADU): A detached ADU rental unit currently occupied by a tenant.
Parking & Space: The property includes a 2-car detached garage, 1 off-street space, and sits on a 0.21-acre lot.
Prime Location: Highly walkable area with a Walk Score of 77.
Don't let your buyers miss out on this rare chance to build equity and generate income simultaneously. Reach out today to schedule a showing!
Sale Notes
This is a residential income property, and all three units are currently occupied by tenants with leases in place. All showings require a 24-hour notice for tenants. Listing agent must be present for all showings. The listing agent's phone number is: (303) 564-7630. The property could be sold and later converted into a single-family residence after the lease period expires on August 1st, 2026, if the homeowner wants to occupy it as a primary residence.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit A | 3,154 SF | Flex | $1,306,854 CAD ($414.35 CAD/SF) | $58,129.97 CAD |
Unit A
| Unit Size |
| 3,154 SF |
| Condo Use |
| Flex |
| Price |
| $1,306,854 CAD ($414.35 CAD/SF) |
| NOI |
| $58,129.97 CAD |
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Unit A
| Unit Size | 3,154 SF |
| Condo Use | Flex |
| Price | $1,306,854 CAD ($414.35 CAD/SF) |
| NOI | $58,129.97 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 4.45% |
| No. Parking Spaces | 3 |
| Sale Conditions | 1031 Exchange |
| APN/Parcel ID | 1971-34-4-14-014 |
| Description | |
| Broker Update: Premier "House Hack" Opportunity in Englewood!<br> 3279 S Pearl Street, Englewood, CO 80113 List Price: $950,000 | Total SqFt: 2,848<br> Attention Agents! The primary unit at 3279 S Pearl St is vacating August 1st, transforming this from an exclusive investment property into the ultimate owner-occupant opportunity. Your buyers can now live in the main-level home while collecting rent from two additional units, significantly offsetting their mortgage payments!<br> Property Highlights:<br> The Main Residence (Available Aug 1st): A spacious, main-level 1-story home featuring 2 bedrooms and 1 full bathroom.<br> Income Unit 1 (Basement): A separate basement rental unit with 3 bedrooms, 1 bathroom, and its own private outside entrance.<br> Income Unit 2 (ADU): A detached ADU rental unit currently occupied by a tenant.<br> Parking & Space: The property includes a 2-car detached garage, 1 off-street space, and sits on a 0.21-acre lot.<br> Prime Location: Highly walkable area with a Walk Score of 77.<br> Don't let your buyers miss out on this rare chance to build equity and generate income simultaneously. Reach out today to schedule a showing!</li></ul> | |
| Sale Notes | |
| This is a residential income property, and all three units are currently occupied by tenants with leases in place. All showings require a 24-hour notice for tenants. Listing agent must be present for all showings. The listing agent's phone number is: (303) 564-7630. The property could be sold and later converted into a single-family residence after the lease period expires on August 1st, 2026, if the homeowner wants to occupy it as a primary residence.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 3,154 SF | Year Built | 1940 |
| Property Type | Multifamily (Condo) | Lot Size | 0.21 AC |
| Floors | 1 | Opportunity Zone |
Yes
|
| Typical Floor Size | 3,154 SF | ||
| Zoning | R-1 - Zoning clarification pending. | ||
| Total Building Size | 3,154 SF |
| Property Type | Multifamily (Condo) |
| Floors | 1 |
| Typical Floor Size | 3,154 SF |
| Year Built | 1940 |
| Lot Size | 0.21 AC |
| Opportunity Zone |
Yes |
| Zoning | R-1 - Zoning clarification pending. |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | $3,128 CAD | 1,424 |
| 3+1 | 1 | $2,224 CAD | 1,424 |
| Studios | 1 | $1,773 CAD | 306 |
1 1
Moderately walkable
60/100
Moderately drivable
60/100
Limited public transit
30/100
Moderately bikeable
60/100
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3279 S Pearl St - Pearl Street Condos
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