1600 Steele ST, Denver, CO 80206
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1600 Steele ST, Denver, CO 80206
1600 Steele ST, Denver, CO 80206
1600 Steele ST, Denver, CO 80206
1600 Steele ST, Denver, CO 80206
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$ 1,195,000
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1600 Steele ST Denver, CO 80206

7,472 SqFt


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Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

Square Footage 7,472 sqft

Price per Sqft $159

MLS Listing ID 8299990

Style Denver Square

HOA Y/N No

Year Built 1905

Annual Tax Amount $9,235

Tax Year 2025

Lot Size 4,687 Sqft

Acres 0.11

Property Sub-Type Multi Family

Source recolorado

Property Description

Exceptional opportunity in highly desirable South City Park! A 4,690sf corner lot zoned U-TU-O with UO-3 overlay offers incredible potential for live on, investors or developers looking to build equity through renovation. Whether you're envisioning a thoughtful remodel, expansion, or redevelopment, the flexible zoning offers many possibilities. Priced well below replacement cost!
This Denver Square has been thoughtfully converted into 7 apartments, 2- 2 beds, 5- 1 beds. Numerous charming and elegant Victorian details have been preserved, adding character to the living spaces. Heat is provided by a central boiler. Gas & electricity are separately metered and laundry is on site. The most compelling element of this asset is the significant upside in the rents. With strong management and targeted improvements, the property is ideal for an owner-occupant or investor, producing cash flow, tax write-offs and growth.
1600 Steele is on a tree-lined street surrounded by established homes, one block to City Park, the ultimate back yard! Easy access to Cherry Creek, Colfax Redevelopment, downtown Denver, and major thoroughfares. A rare chance to secure an asset with value-add potential in a great neighborhood!

Location

State CO

County Denver

Zoning U-TU-B UO-3

Interior

Fireplace N

Exterior

Parking Features Gravel

Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Sewer Connected

Roof Type Shingle,Rolled/Hot Mop

Garage No

Building

Lot Description Corner Lot

Sewer Public Sewer

Water Public

Structure Type Brick,Frame

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


REColorado (REColorado MLS)
Listed by American City Real Estate

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1600 Steele ST