Active

999 Pearl Street

Denver CO, 80203

$5,200,000


$427.10 per sqft

Active

12,175 sqft

Commercial

Built in 1961

Introducing Pearl Nines, a meticulously renovated 16-unit apartment building ideally situated in the vibrant heart of Capitol Hill, Denver. Boasting an enviable location at 999 Pearl Street, residents can relish the convenience of being within walking distance to a myriad of popular bars and restaurants on Lincoln and Grant Street, as well as the beautiful Cheesman Park just under a mile away. The property is comprised of 7-1Br/1Ba units and 9-2Br/1Ba units, with 14 out of 16 units having undergone extensive renovations. Tenants of Pearl Nines are treated to a host of exceptional amenities, including a newly designed courtyard complete with ample seating and a grilling station, garage parking, on-site laundry facilities, additional off-street parking, and select units with balconies. * 5.17% CAP Rate on Actual Numbers * Assumable Financing at 3.92% for 3.5 more years! * Turnkey 16 Unit Apartment Building Located in the Heart of Capitol Hill * Reserved Underground Garage Parking * Walking Distance to Several Popular Bars, Restaurants and Parks * Numerous Large Capital Improvement Projects Completed (see next page) * Several Amenities Including: On-Site Laundry, Storage Units, Balconies (select units) and a Courtyard with Ample Seating and a Grilling Station

7438715

MLS ID

August 29, 2023

Listed

February 16, 2024

Updated

Map

999 Pearl Street
Denver CO, 80203

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.22 Acres


Exterior Features

Balcony, Gas Grill


Roof

Unknown


Sewer

Public Sewer

Other Property Details

Taxes

$16,691


Tax Frequency

Annually


Garage

Yes


Garage Spaces

6


Parking Total

13


View

No


County

Denver


Water Source

Public


Pool

No


Zoning

G-MU-3


Buyer Agency Compensation

2%

Listed by Pinnacle Real Estate Advisors, Jim Knowlton, Listing Contact: [email protected],303-962-9543 
 

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Data last updated 1:30 AM UTC, 2/16/2024

 

 

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