Denver, CO 80205,1316-1368 26th ST
Denver, CO 80205,1316-1368 26th ST
Denver, CO 80205,1316-1368 26th ST
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7,405 Sqft Lot
Pending

1316-1368 26th ST Denver, CO 80205

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UPDATED:

10/30/2024 04:33 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 7024151

HOA Y/N No

Originating Board recolorado

Year Built 2005

Annual Tax Amount $1,125

Tax Year 2023

Lot Size 7,405 Sqft

Acres 0.17

Property Description

Brunetti Lofts is a 23-unit apartment building that was constructed in 2005. There is a current LURA on the property that expires July 2046. Additionally, there exists a rent use covenant through the Colorado Department of Local Affairs for 2 units (3 Bedroom units, which can rove the property) that runs until 2050. This property enjoys larger unit types that accommodate families helping them become accustomed to higher rents as a stepping-stone to a typical mortgage. The property was developed by Charlie Woolley - St Charles Town Company as a part of a larger development where this parcel was designated for affordable housing.

The property consists of 19 - 3Bd units, 3 - 2Bd units and 1 - 1Bd unit. There are 21 uncovered parking spaces and 2 covered handicap accessible spaces. In addition to the income from the 21 parking stalls, there is also added revenue through an AT&T cell tower lease. The property offers secure entry, a lounge with common area, and an elevator for easy access to all floors. Residents with young children can also enjoy the secure playground on the south side of the building. There are 8 balconies, and 7 balconettes for select apartments to use. The property is located in the RiNo district and is extremely walkable to restaurants, shopping and art galleries.

Location

State CO

County Denver

Zoning R-MU-30

Interior

Fireplace N

Exterior

Total Parking Spaces 23

Garage No

Building

Sewer Public Sewer

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


REColorado (REColorado MLS)
Listed by NorthPeak Commercial Advisors, LLC • matt@northpeakcre.com,303-210-1623
Shad Phillips

Broker Associate | License ID: 100066473

+1(214) 682-2113 | shad@phillipsteamco.com

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1316-1368 26th ST