3531-3539 S Pennsylvania Street

    Englewood, CO 80113
    • $6,000,000
    • STATUS: Active
    • ON SITE: 66 days
    • ID#: 3660771
    UPDATED: 59 min ago
    $6,000,000
    • 24
      BEDS
    • 0.26
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,432
      SQFT
    • $280
      $/SQFT
    Type:
    Commercial
    Built:
    2019
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Marcus & Millichap Inc.

    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.

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Brokers Guild are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.degroodteam.com/homes/100940397

    3531-3539 S Pennsylvania Street Englewood, CO 80113

    • Price: $6,000,000
    • Status: Active
    • Updated: 59 min ago
    • ID#: 3660771
    24
    Beds
    0
    Baths
    0
    ½ Baths
    0.26
    Acres
    21,432
    SQFT
    $280
    $/SQFT
    2019
    Built
    Neighborhood:
    Higgins Englewood Gardens
    County:
    Arapahoe
    Area:
    Englewood
    Elementary School:
    Charles Hay
    Middle School:
    Englewood
    High School:
    Englewood
    School District:
    Englewood 1
    Property 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.
    Exterior Features

    Attached Garage YN Yes Covered Spaces 0 Exterior Features Balcony Garage YN Yes Lot Size Square Feet 9583 Parking Garage (Attached) (2 Spaces) Parking Features ConcreteGarage Parking Total 2 Patio And Porch Features Deck Road Surface Type Paved Roof Membrane

    Interior Features

    Appliances DryerDishwasherOvenWasher Basement None Cooling Forcedair Entry Location Exterior Access Flooring Wood Heating ElectricForcedairNaturalgas Heating YN Yes Laundry Features InUnit Levels Multisplit Window Features Doublepanewindows

    Property Features

    Above Grade Finished Area 21432 Association YN No Building Area Total 21432 Construction Materials BrickFrameConcreteStucco Exclusions None Listing Terms CashConventional Ownership Corporation/Trust Property Sub Type Multifamily Security Features Firesprinklersystem Special Listing Conditions None Tax Annual Amount 25728 Tax Year 2019 Zoning M-2Zone 1

    Listing courtesy of Marcus & Millichap Inc: MLS #3660771


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The DeGrood Team | Brokers Guild are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The DeGrood Team | Brokers Guild
    7995 E Hampden Ave, Suite 100
    Denver CO, 80231
    Offered by Marcus & Millichap Inc.