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$1,142,000
1240 Pearl St, Denver, CO, 80203
5
Beds
5
Baths
3,940
Square Feet
This beautiful CapHill residence was under contract with a 1031 exchange and fell out in Spring 2022 due to timing on external issues .Leases were renewed at the same rate (no increase for multiple years as is evidence in the financials in supplements) Neighborhood has seen 6% increase in the last year alone. The separate apartments with correct safety exits and entry. Detached two car garage with 4 off-street parking spaces included in sale. 3/2, 2/1, 1/1 apartments are remodeled and heating was replaced in 2022.
HOUSE HACK available in Capitol Hil. 3 units 4 off-street. parking spaces, currently rented to allow for immediate income generation Apts A and B are vacant and tenet in C is ,month to month. 24 hr notice on showings,
Offered By
Renee Forsythe 303-771-7500, Keller Williams DTC
Property Details
Property Type
Residential Income
Status
Closed
Bedrooms
5
Property Sub Type
Attached Dwelling
Square Feet
3,940
MLS #
7401535
SEWER
City Sewer, Public Sewer
Year Built
1905
Basement
Full
FINISHED BASEMENT SIZE
1310.0
Roof
Composition
Lot Features
Level
Garage spaces
2
Other Structures
Outbuildings
CITY
Denver
SUBDIVISION
Capitol Hill
COUNTY
Denver
AREA
Metro Denver
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
3886.0
LATEST UPDATE
2025-04-18T15:21:48.752Z
DAYS ON MARKET
623
PRICE CHANGE(S)
$1,450,000 Jan 24, 2023
$1,290,000 Mar 24, 2023
$1,200,000 Aug 19, 2023
CUMULATIVE DAYS ON MARKET
623
Property Details
Property Type
Residential Income
Status
Closed
Bedrooms
5
Property Sub Type
Attached Dwelling
Square Feet
3,940
MLS #
7401535
New Properties On Market
42
91%
Increase In New Listings
Average Asking Price
$427,503
$29,806 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$407
$18 Increase In List Price/Sq. Ft.
Average Days On Market
25
33 Day
Decrease In Days On Market
Data as of Apr 26, 2025.
Remaining statistics above are calculated on activity within the period from Feb 01, 2025 to Mar 31, 2025.
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Offered By Conner Piretti NorthPeak Commercial Advisors, LLC
Information deemed reliable but not guaranteed by the MLS.
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Property data was last updated on 4/24/2025 at 3:05 pm