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2415 & 2417 S Marion St Unit 2417, Denver, CO 80210

$1,170,000
: 8
BD
: 4
BA
: 3,200
SqFt

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Sold Price: $1,170,000
List Price: $1,195,000
Closing Date: Feb 12, 2024
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 4270232
Bedrooms: 8
Bathrooms: 4
Sqft Total: 3,200
Year Built: 1951

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Property Description

2415 & 2417 S Marion St was completely renovated in 2022-2023 and has essentially already been converted to a total of 4 units that would consist of 4 two-bedroom/one-bath units. This conversion/remodel includes almost everything to be brand new including cabinets, appliances, floors, fixtures, and more. Currently, the property is operating as 2 units that each consist of four-bedrooms, two-bathrooms, and two complete kitchens. Simply adding drywall to close the entryway would complete the conversion to 4 units (nonconforming) and allow for the premium rents that being near Denver University and Observatory Park demands. This asset provides the next owner peace of mind and ease of management. Furthermore, its location, proximity to DU, nearby parks, and vibrant South Broadway retail and restaurant scene ensures a strong tenant base with continuous growth and natural appreciation. County: Denver Year Built: 1951 (Renovated 2022) # Buildings: 1 # Stories: 1 Construction: Wood Frame Roof Type: Pitched Gross Building SF: 3,200 Lot Size: 6,212 SF Parking: Street Heating: Forced Air Water/Sewer: Master Gas/Electric: Individual Zoning: E-TU-C PROPERTY HIGHLIGHTS - 2 Spacious 4-bedroom units that could be converted into 4 2-bedroom units - Turn-key asset with full renovation in 2022-2023 to include entire bathroom, kitchens, cabinets, floors, countertops, windows, etc - New Roof 2018 - New water heaters, furnaces, and appliances

(303) 522-8226

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Additional Information

Lot Size Acres: 0.14
Lot Size Sq Ft: 6,212
Tax Amount: $3,533
Exterior Features: Private Yard
Sewer: Public Sewer
Basement Type: Full
Heating: Forced Air
Cooling: Other
School District: Denver 1
Elementary School: Asbury
Middle Or Junior School: Grant
High School: South
Unit Number: 2417