1260 N Logan ST, Denver, CO 80203
1260 N Logan ST, Denver, CO 80203
1260 N Logan ST, Denver, CO 80203
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$1,725,000
Est. payment /mo
6,250 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family, Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 3331785

Style Traditional

HOA Y/N No

Year Built 1958

Lot Size 6,250 Sqft

Acres 0.14

Property Sub-Type Multi Family

Property Description

Seller decided to reduce their asking price by $275,000 after receiving valuable market feedback through multiple offers! That's a -13.8% change in pricing expectations. This new price now matches offers received earlier this year and sales data from 11 years ago. If you've been "waiting for prices to decline," here's your opportunity to dollar cost average your rental portfolio.

During their 17 year ownership, the Seller has consistently invested in the building with high-quality capital improvements.

All of the windows were replaced in 2020 with double-pane glass in bronze exterior frames from Simonton's Maderia line.

The roof was replaced in 2017 with a .60 mil EPDM over a 1/2 inch Carlisle Secure Shield. Why is this important?

Carlisle SecurShield HD (½”): A ½-inch thick, rigid high-density polyisocyanurate (polyiso) foam insulation panel. It is commonly used as a cover board to provide superior puncture and hail resistance while adding an R-value of 2.5.

60-mil EPDM Membrane: A commercial roofing membrane known for exceptional weatherability, elongation, and resistance to ultraviolet radiation and thermal shock.

Attachment Method: The SecurShield HD board is mechanically fastened or adhered to the roof deck. The 60-mil EPDM membrane is subsequently adhered on top.

The boiler system was replaced in 2012 with a Raypak hot-water boiler that feeds baseboards through zone valves to each unit.

In addition to the these three major capital improvements (windows, roof, boiler), the Seller has renovated most of the units during their ownership.

Location

State CO

County Denver

Zoning G-MU-5

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected

Waterfront Description Public

Roof Type Membrane

Private Pool No

Building

Sewer Public Sewer

Water Public

Architectural Style Traditional

Others

Tax ID 5031-14-005

Special Listing Condition None Known

Virtual Tour https://mailchi.mp/kentwood/logan12flats-275000-price-change-showings-september-28


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REColorado MLS
Listed byKentwood Real Estate DTC, LLC

NEARBY SCHOOL & BUSINESS

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Jerry Downer

Broker Associate License ID: 100011893

+1(720) 277-9001 | [email protected]

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1260 N Logan ST

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