39.73691 -104.9492
1300 Steele Street Denver CO 80206 289744964 39.73691 -104.9492 30105 /listing/289744964-151082055/1300-steele-street-denver-co-80206 False 0 1048000.0 2911 105 102 6 3 1596751 False 1910 0.10 0.10

1300 Steele Street

Denver, CO 80206 MLS# 1596751

Closed 02/26/21

289744964 True False 39.73691 -104.9492 30105 /listing/289744964-151082055/1300-steele-street-denver-co-80206 False 0 1048000.0 2911 105 6 3 1596751 False 45360343 0
$1,048,000
MLS# 1596751
Closed 02/26/21
  1. Listed on 02/26/21
  • 6 Bedrooms Beds
  • 3 Bath Baths
  • 2,911 Square Feet Sq.Ft
  • 0.10 Acres
  • 1910 Year Built Yr. Built
1300 Steele Street Denver, CO 80206 MLS# 1596751
Closed 02/26/21
289744964 39.73691 -104.9492 30105 /listing/289744964-151082055/1300-steele-street-denver-co-80206 False 0 1048000.0 2911 105 6 3 1596751 False
$1,048,000
  • 6 Bedrooms
  • 3 Bath
  • 2,911 Square Feet
  • 0.10 Acres
  • 1910 Year Built
  1. Listed on 02/26/21
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Description

Beautifully detailed and thoughtfully remodeled historic Denver Square offers a unique, yet ideal living option for one of the highest priced rental cities in the country! Offering original wood flooring, original moldings and trim, built-ins and the original staircase in the entryway! Yet the property has also been remodeled to offer updated floor plan, newer windows, all new kitchen and bathrooms updated within the last 1- 10 years, keeping some historic features such as claw foot tub. Stainless high-end appliances and washer/dryer in each residence. The location is within close proximity to public transportation and all the trendy new shops, restaurants, coffee, liquor, shared workspaces, ice cream, gas, cleaners, and more located in Capitol Heights along 12th Avenue! This property is also perfect for pets as over 50% of Colorado tenants have dogs and having a private or shared back and front yard space is a great amenity in a rental property!1300 Steele Street Features: A stunning home with original hardwood flooring throughout, original trim, doors and moldings, yet updated with all new electric 200 amp panel, new plumbing, new windows, newer roof, newer garage, and great landscaping! Renovated into two high-end units creates an excellent option for those wanting more living space yet a cost effective alternative to the $800K+/ $4500/month homes that are currently out there. Our tenants have excellent credit and high incomes. Each unit has all the kitchen amenities, stainless appliances, gas stoves, and laundry in each unit. Great decks come with both units and the upper unit also has the front porch access. (front porch was previously enclosed and heat could be hooked back up and enclosed. Priced at a 5.3 cap rate and only $360/SF for the excellent quality and location and corner lot!

Courtesy Of NextHome Summit Group
Listing Information
  • Property Type: Residential Income
  • Property Subtype: Duplex
  • Structure Type: Duplex
  • Levels: Three Or More
  • Architecture: Denver Square
  • Subdivision: Capitol Heights
  • Garage: 2.0
  • Beds: 6
  • SqFt Finished: 2911.00
  • SqFt Above: 2074.00
  • SqFt Basement Finished: 837.00
  • SqFt Basement Unfinished: 0.00
  • PSF Total: 360.01
  • PSF Finished: 360.01
  • PSF Above Grade: 505.30
  • Price Per Acre: 10480000.00
  • Year Built: 1910
  • Property Condition: Updated/Remodeled
  • Construction Materials: Block
  • Foundation Details: Slab
  • Entry Location: Ground
  • Special Listing Conditions: None Known
  • Ownership: Individual
  • Stories: 3
Interior Features
  • Exclusions: tenants personal property
  • Unit Count: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile, Wood
  • Interior Features: Built-in Features, Butcher Counters
  • Occupant Type: Tenant
  • Security Features: Carbon Monoxide Detector(s)
Unit Info
  • 3 Bedroom
  • Washers: 1
  • Air Conditioners: 1
  • Average Rent: 2600.00, 2700.00
  • Average SqFt: 1437.00, 1474.00
  • Dishwashers: 1
  • Dryers: 1
  • Hookups: 1
  • Parking Per Unit: 1
  • Refrigerators: 1
  • Storage Units: 1
  • Stoves: 1
  • Unit Type: 3 Bedroom
  • Unit Type Baths Total: 1, 2
  • Unit Type Beds Total: 3
  • Unit Type Description: Entry, 2nd floor, and finished attic, Main floor and basement unit - A
  • Unit Type Units Total: 1
Room Details
  • Basement Ceiling Height: 8
  • Basement: Exterior Entry, Finished, Full, Interior Entry/Standard
  • Basement YN: Y
Parking/Garage
  • Garage (Detached)
  • Parking Description: Long 2 car garage with built in shelving/storage
  • Parking Spaces Number Of: 2
  • Parking Type: Garage (Detached)
  • Parking Total: 2
  • Total Offstreet Spaces: 0
  • Parking: Concrete
Community/Neighborhood Information
  • Distance to Bus: 1
  • Walk Score: 82
  • Distance To Bus Units: Blocks
HOA
  • 2nd HOA Fee (Annual Total): 0.00
  • 3rd HOA Fee (Annual Total): 0.00
  • Master HOA Fee (Annual Total): 0.00
  • Total Annual HOA Fees: 0.00
  • HOA YN: N
  • Restrictions/Covenants YN: N
Financial Considerations
  • Operating Expense Includes: Insurance, Maintenance, Real Estate Tax, Utilities
  • Owner Pays Utilities: Electricity, Gas, Grounds Care, Insurance, Taxes, Water
  • Actual Annual Net Income: 55137.00
  • Cap Rate: 5.30
  • Cap Rate Calculation: current leases
  • Gross Income: 63600.00
  • Legal Description: L 20 & S1/2 OF L 19 EXC REAR 6FT TO CITY BLK 212 CAPITOL AVE SUB
  • Operating Expense: 8463.00
  • Tax Amount: 2763.00
  • Tax ID: 5011-13-014
  • Tax Year: 2019
  • Tenant Pays: Cable TV, Internet, Telephone
  • Utilities Metering: Common Electric, Common Gas, Common Water
  • Utilities Paid By Tenant: Included in Rent
Utilities & Green Home Features
  • Cooling: Central Air
  • Electric Service: 220 Volts
  • Heating: Forced Air
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected
  • Water Source: Public
Exterior & Lot Features
  • Faces: West
  • Fencing: Partial
  • Lot Features: Level
  • Patio And Porch Features: Covered, Deck, Front Porch
  • Roof: Composition
  • Zoning: U-RH-3A
  • Exterior Features: Balcony, Lighting
Schools Near 1300 Steele Street Denver, CO
District: Denver 1
Schools: Teller, Morey, East
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