Active

1557 N Ogden St Street

Denver CO, 80218

$2,400,000


$257.29 per sqft

Active

9,328 sqft

Commercial

Built in 1945

Another huge price drop! Highly motivated seller! *PERFECT FOR OWNER OCCUPANT OR INVESTOR* 1557 Ogden St "The Dodge house" is a fully renovated, 100% occupied 20-suite office building in the heart of North Capitol hill that is perfect for either an owner occupant looking for supplemental income or an investor looking for a turnkey fully occupied cash flowing building. Current cap rate of 8.32%. Built in 1905 by geo B. Dodge, this converted Victorian mansion has undergone an extensive renovation in 2022. Located just minutes from the state capitol and a short drive to downtown this property is highly desirable and even has a wait list of tenants. Updates include a new kitchen, hardwood floors/tile on the first floor, and new carpet on the second and third floors. A secondary kitchen was also installed on the second floor, plumbing was replaced entirely throughout the building, and six new bathrooms have been added. All major systems have been replaced, including two new furnaces and two new A/C compressors, along with all new duct work. Both the interior and exterior of the building were painted and new light fixtures were replaced throughout the building. Each exterior door has been replaced with heavy-duty security doors and a new security system with cameras/motion-detection sensors has been installed.

9897889

MLS ID

March 11, 2024

Listed

July 13, 2024

Updated

Map

1557 N Ogden St Street
Denver CO, 80218

Interior Features

Total Stories

3


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.17 Acres


Architectual Style

Victorian


Roof

Composition


Sewer

Community Sewer

Other Property Details

Taxes

$29,904


Tax Frequency

Annually


Garage

No


Parking Total

26


View

No


County

Denver


Pool

No


Zoning

G-RO-3

Listing History

Date

Event

Price

6/20/2024

Price Change

$2,400,000

-8%

4/24/2024

Price Change

$2,600,000

-8%
Listed by J. Gibbs Real Estate, Jeff Gibbs, Listing Contact: [email protected],303-562-9850 
 

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