Open House Mon, Sep 28th 12:00 PM - 2:30 PM
Address
1260 N Logan Street, Denver, CO
Price
$ 1,725,000
Property Attributes
- MLS#3331785
- TypeCommercial
- Listing Status Active
- CountyDENVER
- CityDenver
- Zip80203
- StyleTraditional
- Year Built1958
- Taxes$ 15227
- Price$ 1,725,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage8557
- Lot Size0.14 Acres
Data Source:
REColorado (MTOMLS)
Property Description
Seller decided to reduce their asking price by $275,000 after receiving valuable market feedback through multiple offers! That's a -13.8% change in pricing expectations. This new price now matches offers received earlier this year and sales data from 11 years ago. If you've been "waiting for prices to decline," here's your opportunity to dollar cost average your rental portfolio. During their 17 year ownership, the Seller has consistently invested in the building with high-quality capital improvements. All of the windows were replaced in 2020 with double-pane glass in bronze exterior frames from Simonton's Maderia line. The roof was replaced in 2017 with a .60 mil EPDM over a 1/2 inch Carlisle Secure Shield. Why is this important? Carlisle SecurShield HD (½”): A ½-inch thick, rigid high-density polyisocyanurate (polyiso) foam insulation panel. It is commonly used as a cover board to provide superior puncture and hail resistance while adding an R-value of 2.5. 60-mil EPDM Membrane: A commercial roofing membrane known for exceptional weatherability, elongation, and resistance to ultraviolet radiation and thermal shock. Attachment Method: The SecurShield HD board is mechanically fastened or adhered to the roof deck. The 60-mil EPDM membrane is subsequently adhered on top. The boiler system was replaced in 2012 with a Raypak hot-water boiler that feeds baseboards through zone valves to each unit. In addition to the these three major capital improvements (windows, roof, boiler), the Seller has renovated most of the units during their ownership.
| Price History | |
|---|---|
| 3/11/2026 | Listed $2,000,000 |
| 6/30/2026 | 8$1,850,000 |
| 9/22/2026 | 7$1,725,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Utilities | Cable Available,Electricity Connected,Natural Gas Connected,Phone Connected,Sewer Connected |
| Possession | Closing/DOD |
| Roof | Membrane |
| Zoning | G-MU-5 |
| Architectural Style | Traditional |
| Construction Materials | Brick,Frame |
| Exclusions | Tenant's personal possessions/furnishings. Seller's tools and personal items located inbasement and/or storage areas. |
| Year Built | 1958 |
| Property Subtype | Multi Family |
| Tax Year | 2024 |
| Current Use | Multi-Family |
| Gross Income | 172049 |
| Building Name | Logan Flats |
| County | Denver |
| Operating Expense | 69852 |
| Property Type | Commercial Sale |
| Attached Garage | No |
| Building Features | Coin Laundry |
| Status | Active |
| Directions | East side of the street,3 properties south of 13th Ave on N. Logan St. |
| City | Denver |
| Number Of Units Total | 12 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6250 |
| Listing Terms | Cash,Conventional |
| Tax Annual Amount | 15227 |
| Lease Considered Y/N | No |
| Virtual Tour | https://mailchi.mp/kentwood/logan12flats-275000-price-change-showings-september-28 |
| Structure Type | Low Rise (1-3) |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Cap Rate | 6.7 |
Exterior Features
| Parking Features | Asphalt |
|---|---|
| Water Source | Public |
| Total Parking | 6 |
| Lot Size Area | 6250 |
| Building Area Total | 8557 |
| Lot Size Acres | 0.14 |
| Road Surface Type | Paved |
| Road Frontage Type | Public |
| Road Responsibility | Public Maintained Road |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 80203
Price
Taxes
Year Built
Visits
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 Luxe Haven Realty LLC 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. September 25, 2026 9:56 PM UTCd
