2273 S Josephine St Denver, CO 80210 — MLS# 4069768

$1,250,000 (List Price)
2273 S Josephine St
Denver, CO 80210
MLS# 4069768

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0.17 Acres
Shovel-ready eleven unit apartment development site with approved building permit and full set of architectural / structural / MEP plans. This 7,500 SF parcel is located on DU's sorority row, one block from campus (A+ student housing location). Opportunity to break ground immediately following acquisition. Approved building is designed to have 10,632 SF above-grade (including mezzanine space). Basement space will offer another 2,277 SF and provides additional value-add / income opportunities. Unit mix includes a 4-bedroom unit, two 3-bedroom units, two 2-bedroom units, two 1-bedroom units, and four studios. Design calls for 8 covered parking spaces and storage for 11 bicycles. The existing / vacant single family home that currently sits on the parcel has 3 bedrooms and 1.5 bathrooms above grade, an additional living area / bedroom / bathroom / kitchen in the basement, and was recently leased for $2,800 / month. The house and other improvements on the parcel will be conveyed on an as-is basis.
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Property Details
Status
Active
Property Type
Land
House Type
Multi-Family
Acres
0.17
Lot Size
Direction Faces
East
Water
Public
Sewer
Public
Horses
No
Schools
School District
Denver 1
Taxes & Terms
Terms
Cash, Conventional, Exchange
Tax Amount
$3,311
Approval Conditions
None Known
Seller Type
Individual
Has HOA
No
Area
Subdivision
Observatory
County
Denver
Features
Site Features
Near Public Transit
Listing courtesy of
Jason Myslik
Estimated Payments
The approximate mortgage monthly principal and interest payment for this property would be
Based on a loan at a fixed rate of percent
With a down payment of dollars
Actual lender interest rates and loan programs may vary.
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