Discover a rare combination of location, size, and extensive renovation at 1307 Franklin Street, an exceptional 4-unit apartment building just steps from the beauty and convenience of Cheesman Park. Residents enjoy private outdoor spaces and immediate access to expansive green space, walking and biking paths, neighborhood restaurants, coffee shops, retail,… Read More and the best of urban Denver living.
The property has undergone a comprehensive gut renovation, including completely new plumbing and electrical systems, individual furnaces, air conditioning systems, and hot-water heaters, along with completely renovated apartment interiors. The property also features spacious two-bedroom layouts and nine on-site parking spaces seldom found in this premier central Denver location.
1307 Franklin is a fully renovated property that will attract the most discerning tenants and investors alike. Perfectly positioned beside Cheesman Park, this property will produce consistent and predictable cashflow for years to come.
Highlights:
Over a 2:1 parking ratio
Oversized lot
Large 2-bedrooms with balconies
Incredible Cheesman Park location
Completely modern electric, plumbing and HVAC systems
Upside in rents – some tenants have not seen increases in 5+ years Read Less
Built in 1905, Living area: 3949, Levels: Two, Construction Materials: Brick
Expenses
Operating: $19,719
Heating
Floor Furnace
Income
Gross Income: $92,054
Lot
0.15 acres, Level
Parking
9 total parking spaces
Roof
Shingle
Sewer
Public Sewer
Taxes
Parcel Number: 5021-09-011, Annual Amount: $7,562, Legal Description: S 40 FT OF N 71.50 FT OF L 13 TO 16 INC & L 11 EXC THE N31.5 FT & L 12 EXC N 29.64FT BLK 1 AVON, Year: 2025, Zoning: U-RH-3A
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