1751 N Franklin Street Denver, CO 80218
Charming Victorian on a large lot, ideal for redevelopment.
- Added:
- Jun 11, 2025
- Days on Market:
- 396
- Last Refresh:
- Mar 16 at 9:09 am
Property Features for 1751 N Franklin Street
General Information
- Standard status
- Active
- Size
- 4,521 SF
Building Details
- Year Built
- 1922
Listing office UNIQUE PROPERTIES LLC (303) 321-5888
Listing date Jun 11, 2025
Source Corcoran
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of UNIQUE PROPERTIES LLC
Investment Insights
Based on property information with market context.
Key Highlights
- Large 9,148 SF lot zoned G‑RO‑5 allows for duplexes, townhomes, or small multifamily development.
- Existing 4,500+ SF Victorian building suitable for single‑family conversion, co‑living, or live/work use.
- Prime City Park West location, one block from St. Joseph Hospital.
Local Financial Insights For Mixed Use
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $108.5k | $24.00 |
| − Vacancy | −$6.6k | −$1.46 |
| EGI | $101.9k | $22.54 |
| − OpEx | −$38.2k | −$8.45 |
| NOI | $63.7k | $14.09 |
