CO > Denver
Denver, CO 80203,1272 N Pearl ST
Denver, CO 80203,1272 N Pearl ST
Denver, CO 80203,1272 N Pearl ST
Denver, CO 80203,1272 N Pearl ST
Denver, CO 80203,1272 N Pearl ST
Denver, CO 80203,1272 N Pearl ST
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Alec Short

Alec Short

+1(303) 709-4908
$ 3,350,000
Est. payment | /mo

5,662 Sqft Lot

Save Virtual Tour
$ 3,350,000
Est. payment | /mo
Save Virtual Tour

5,662 Sqft Lot

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6554497

Style Traditional

HOA Y/N No

Originating Board recolorado

Year Built 1927

Annual Tax Amount $19,412

Tax Year 2024

Lot Size 5,662 Sqft

Acres 0.13

Property Sub-Type Multi-Family

Property Description

The Seller carefully considered market feedback and decided to make a strong move by adjusting the Asking Price from $3,650,000 to $3,350,000. This $300,000 price drop represents an 8% reduction, and we believe that the new price (coupled with recent rent increases) puts this property in the "Deal Zone!" The Julie at Pearl offers a rare and exceptional multifamily investment opportunity in the heart of Denver's sought-after Capitol Hill neighborhood. This historic three-story building exudes character and charm, boasting a beautiful brick façade that complements its timeless aesthetic. Inside, the property features 18 uniquely designed studio and one-bedroom apartment units. Each unit is thoughtfully configured to maximize space and natural light. The apartments are enriched by original woodwork and large windows, providing a warm and inviting living experience for tenants. Adding to its appeal, The Julie offers five off-street parking spaces, a coveted amenity in this bustling urban area. The property delivers a peaceful and convenient atmosphere, positioned in a vibrant neighborhood teeming with popular restaurants, trendy coffee shops, boutique stores, local markets, and essential services - many within walking distance. Capitol Hill is known for its dynamic energy, historic charm, and central location, making it a magnet for professionals, creatives, and urban dwellers. For investors, this is a prime opportunity to secure reliable rental income and long-term appreciation in a market that continues to thrive.

Location

State CO

County Denver

Zoning G-MU-5

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected

Total Parking Spaces 5

Garage No

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Virtual Tour https://kmalnati.com/2025/01/02/listed-1272-pearl-st-cap-hill-18-unit-apartment-building/#jp-carousel-42727

REColorado (REColorado MLS)
© 2025 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by KENTWOOD REAL ESTATE DTC, LLC • malnati@kentwood.com,303-358-4250
agent-avatar

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(303) 709-4908

alec@westdenveragent.com

2010 Youngfield St, Lakewood, CO, 80215, USA

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1272 N Pearl ST