$6,000,000

3531-3539 S Pennsylvania Street

Englewood CO, 80113

Description

Marcus and Millichap has been chosen to exclusively market for sale Penn Rows Townhomes, 3531-3539 S. Pennsylvania Street, located in Englewood. The property consists of twelve (12) two-bedroom/two-and-a-half- bathroom units averaging 1,786 SF, including the garage. The property features modern finishes, hardwood floors, kitchen islands, stainless steel appliances, glass shower enclosures, ceiling fans, and dishwashers. Each unit has a rooftop patio, balconies, and a two-car garage. The Penn Rows Townhomes is a unique opportunity for an investor to capitalize on a few different factors. Each of the units will be separately deeded which will allow an owner to sell them off one-by-one for a huge upside in profit. The unit will be delivered completely new with warranties eliminating any capital expenditures for the next 5-10 years. This project is located in an opportunity zone and allows an investor to completely eliminate capital gains taxes if the property is held for 10 years

Details

MLS#3660771
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2019
Days On Site68

Features

SQ Feet21,432

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Area Information

StateCO
CountyArapahoe
CityEnglewood
Zip Code80113
Listing VS Median (in 80113)
Price:
$6,000,000
low | high
Med:
$585,000
100% of Average
SqFt:
21,432
low | high
Med:
1,330
100% of Average
$ / SqFt:
$280
low | high
Med:
$440
7.114285714286% of Average
On Site:
68
low | high
Med:
74
91.891891891892% of Average
Listing Updated: 12/21/2019
MLS Number: 3660771
Listing Provided By:
Ralph Beatty  of  MARCUS MILLICHAP INC