Denver, CO 80203,1119 Pearl St
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Denver, CO 80203,1119 Pearl St
Denver, CO 80203,1119 Pearl St
Denver, CO 80203,1119 Pearl St
Denver, CO 80203,1119 Pearl St

$1,925,000

Est. payment /mo

$2,000,000

3.8%
Est.Price: ?

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1119 Pearl St Denver, CO 80203

9 Beds

7 Baths

7,388 SqFt

SOLD DATE : 04/21/2020

Key Details

Sold Price $1,925,000

Property Type Single Family Home

Sub Type Income Property

Listing Status Sold

Purchase Type For Sale

Square Footage 7,388 sqft

Subdivision South Capitol Hill

MLS Listing ID 4876024

Sold Date 04/21/20

Bedrooms 9

HOA Y/N false

Abv Grd Liv Area 7,971

Originating Board REcolorado

Year Built 1886

Annual Tax Amount $8,119

Lot Size 5,227 Sqft

Acres 0.12

Property Description

Vintage 7,971 sf Capital Hill Italian Villa with carriage house has been converted into 8 separate units with major income potential. [Watch the listing video: https://youtu.be/9pg5OcJSjQU]. The owner lives in the main floor unit and long term rents the other five units in the main house. It is our estimate that the 2120 sf main floor unit could be rented for $2,800/m, The second story consists of a studio apartment (studio 286 sf, rents for $900/m), a 2 bed/1 bath (651 sf, rents for $1,700/m), and a 1 bed/1 bath (562 sf, rents for $1450/m). There is also an 1 bed/1 bath attic unit (1087 sf, rents for $1350) and a basement 1 bed/ 1 bath (579 sf, rents for $825). In the basement there is a washer and dryer for residents, storage area for the main unit, and the utility room. There is large carriage house with two additional units. The ground level carriage house unit is 1 bed/1 bath (624 sf) we estimate longterm rents to be $1,600/m. The second floor of the carriage house is a 2 bed/ 1 bath unit (750 sf) with a spiral staircase entry and another internal spiral staircase to the lofted second bedroom. Estimated long term rental for the 2/1 second floor carriage house is $1,800/m. There is a peaceful courtyard between the main house and carriage house. In the driveway there is enough room to park 3 cars off the street; the owner currently charges $100 per off street parking space, but most tenants do not even own vehicles. Before scheduling a tour, please virtually explore: Units 1-5 (https://my.matterport.com/show/?m=DqK67y7H41k), basement unit (https://my.matterport.com/show/?m=2NW7xZpaukk), carriage house first floor unit
(https://my.matterport.com/show/?m=KnZobZjZk9j) and carriage house second floor
(https://my.matterport.com/show/?m=Ff1SyawMox5).

Location

State CO

County Denver

Area Metro Denver

Zoning G-MU-5

Direction Use maps and please find street parking.

Rooms

Basement Walk-Out Access

Interior

Heating Forced Air, Hot Water, Baseboard

Cooling Central Air, Room Air Conditioner

Fireplaces Type Circulating, 2+ Fireplaces, Gas

Fireplace true

Appliance Self Cleaning Oven, Dishwasher, Refrigerator, Microwave, Disposal

Exterior

Exterior Feature Balcony

Garage Spaces 3.0

Waterfront false

Roof Type Composition

Handicap Access Level Lot

Porch Patio, Deck

Building

Lot Description Level

Faces East

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Dora Moore

Middle Schools Morey

High Schools East

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

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Information and Real Estate Services (IRES)
Listed by Living Room Real Estate • 303-720-8491
Bought with West Peak Properties

Rick Cavallaro

Broker/Founder | License ID: ER.040020925

+1(303) 641-1632

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