1268-1280 Kalamath Street
1268-1280 Kalamath Street - Multifamily | 3 Units | 6.05% CAP
Marketing description
1268 Kalamath St., 1280 Kalamath St., and 928 W. 13th Ave. comprise a unique three-property assemblage featuring a 1,996 SF renovated office building, a 616 SF one-bedroom residence, and an 890 SF two-bedroom residence. The portfolio provides investors with in-place rental income and significant future redevelopment potential.
Zoned U-RH-2.5, the properties allow for a variety of residential product types— including urban houses, duplexes, tandem houses, and detached accessory dwelling units—up to two and a half stories in height. This flexibility offers multiple exit strategies and an attractive value-add opportunity in a rapidly evolving urban corridor.
Investment highlights
Current Net Operating Income: $79,537
Blended investment opportunity of both Small office and Single Family Rentals
Quick access to major Denver Roads including Speer, 6th Ave, and I-25
Corner lot that includes off street parking for tenants
Long term upside for multifamily redevelopment
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