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$ 1,250,000
Est. payment | /mo
7,837 SqFt
$ 1,250,000
Est. payment | /mo
7,837 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 7,837 sqft
Price per Sqft $159
MLS Listing ID 8326465
HOA Y/N No
Year Built 1894
Annual Tax Amount $10,126
Tax Year 2025
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Multi Family
Source recolorado
Property Description
CBRE is pleased to present Cheesman Terrace, an investment opportunity featuring 7 units plus a carriage house, in Denver's historic Cheesman Park neighborhood. Built in 1894, the property pairs historic charm with well-maintained features, and sits directly across from Cheesman Park. The community is comprised of one- and two-bedroom units, all in excellent condition, offering investors a light value-add opportunity to drive income and asset value growth.
Cheesman Terrace boasts an unmatched location at High St and 13th Ave, directly across from Cheesman Park, one of Denver's premier green spaces. The property provides residents with easy access to vibrant dining and entertainment, plus over 590,000 jobs within a 20-minute drive.
With an irreplaceable Cheesman Park location, distinctive historic charm, and a constrained local housing supply, Cheesman Terrace is well-positioned for continued strong renter demand. Paired with a clear light value-add opportunity, the property represents a compelling investment in one of Denver's most desirable neighborhoods.
Cheesman Terrace boasts an unmatched location at High St and 13th Ave, directly across from Cheesman Park, one of Denver's premier green spaces. The property provides residents with easy access to vibrant dining and entertainment, plus over 590,000 jobs within a 20-minute drive.
With an irreplaceable Cheesman Park location, distinctive historic charm, and a constrained local housing supply, Cheesman Terrace is well-positioned for continued strong renter demand. Paired with a clear light value-add opportunity, the property represents a compelling investment in one of Denver's most desirable neighborhoods.
Location
State CO
County Denver
Zoning G-MU-3
Interior
Fireplace N
Exterior
Exterior Feature Balcony, Barbecue
Garage Spaces 2.0
Utilities Available Cable Available, Electricity Available, Internet Access (Wired)
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Sewer Public Sewer
Structure Type Brick,Frame,Wood Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by CBRE, Inc.
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