Denver, CO Homes For Sale | Nestfully

Denver CO Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
994
Status:
Active
MLS#:
7065223
Type:
Office
Year built:
1997
Courtesy: Keller Williams Realty Downtown LLC
View additional info

Storefront office / medical condo currently build out as an orthodontic practice. Space includes a waiting area / reception, two large private treatment rooms, one open treatment area, kitchen, in-unit bathroom, and multiple storage spaces. Plumbing throughout the unit, washer / dryer, electric hookup for pan/ceph unit, treatment chairs negotiable. See virtual tour. Shared rooftop patio with city views.

Beds:
n/a
Baths:
Sq.Ft.:
5,169
Status:
Active
MLS#:
8898615
Type:
Industrial
Lot size:
0.36 Acres
Year built:
1977
Courtesy: Keller Williams Realty Downtown LLC
View additional info

Property consists of: two large training rooms, warehouse, and yard with manual gated fence. 2 story office buildout includes: private offices, reception, waiting, bathroom with shower, and kitchenette. (3) HVAC units total - (2) Trane XR80 + (1) Aspen CC Series. 2019 TPO roof with a 20 year warranty. ~30% warehouse.

Beds:
n/a
Baths:
Sq.Ft.:
6,542
Status:
Active
MLS#:
2071619
Type:
Office
Lot size:
0.36 Acres
Year built:
1970
Courtesy: Keller Williams Realty Downtown LLC
View additional info

74.8% occupancy - recently renovated 1st floor 1,650 RSF owner occupant with leaseback 6-12 months.

Beds:
n/a
Baths:
Sq.Ft.:
2,724
Status:
Active
MLS#:
7133224
Type:
Multi-Family
Lot size:
0.29 Acres
Year built:
1956
Courtesy: Keller Williams DTC
View additional info

Rare opportunity for this covered land deal with G-MU-5 Zoning allowing for a multitude for residential options. Design and Build options include 8-10 townhouse or multifamily from 20-45 units on this 12,500 square foot infill lot. Your choice to Build and sell or lease. The property is currently a, tenant-occupied 4 unit & separate garage rental and a single family with unfinished basement. These two properties 2445 and 2455 s. York Street are being sold together and have some density advantages being one block away from University Blvd. Other advantages are proximity to park, Harvard Gulch Trail system, restaurants, hospital, local coffee roaster, and of course Denver University and the Newman Center of Performing Arts.

Beds:
n/a
Baths:
Sq.Ft.:
9,818
Status:
Active
MLS#:
9402602
Type:
Multi-Family
Lot size:
0.28 Acres
Year built:
1949
Courtesy: eXp Realty, LLC
View additional info

This multi-unit complex located in Denver s South Park Hill neighborhood comprises four townhomes and one duplex, each recently fully renovated to modern standards. Spread over a total area of 9,818 sq ft on a combined 12,218 sq ft lot, this property offers enhanced living spaces and a sound investment potential. Property Details: Renovations: The properties have been updated with new roofs, efficient furnaces, modern kitchens including new appliances, contemporary flooring throughout, quartz countertops, jacuzzi tubs, and new tankless hot water heaters. Unit Configuration: Townhomes: Each townhome features 3 bedrooms and 2 bathrooms, providing ample space for families or shared living arrangements. Duplex: The upper unit consists of 2 bedrooms and 1 bathroom, while the lower unit has 1 bedroom and 1 bathroom, ideal for different rental needs. Rental Income: Projected gross annual income is $231,504, with the townhomes projected rental income for $3,818 each and the duplex units contributing a total of $4,010 per month . Outdoor Features: Two of the units have a private yard and an irrigation system, enhancing the outdoor living experience. Location: Centrally located with a high Walk Score of 79, the property is in proximity to essential amenities and public transportation. Offered at $2,990,000, this collection represents a significant investment opportunity in one of Denver s most sought-after areas.

Beds:
8
Baths:
7.00
Sq.Ft.:
4,388
Status:
Active
MLS#:
8080861
Type:
Fourplex
Subdivision:
Congress Park
Lot size:
0.12 Acres
Year built:
1909
Courtesy: ASSIST 2 SELL DENVER METRO
View additional info

This is a rare opportunity to own a full Duplex 2 blocks from Congress Park, includes both sides of this exceptionally well-cared for duplex, remodeled, turnkey and ready to go. Located on a prime corner in the Congress Park Neighborhood s 12th Ave Business District, across from shops and restaurants. Perfect live/work/ABNB/4-6 unit income producing property with Main Street Zoning U-MS-2 for commercial use or future development. On bus/bicycle route, close to parks and Denver Botanic Gardens. The 4 current units have many new updates including kitchens, baths, fixtures, refinished 115 year old wood floors, appliances, paint and feature the original woodwork. The beautiful craftsman style-brick exterior features separate egress entrances with covered porches, decks, patios a shared fenced backyard with mature trees and sprinkler system. EZ back to 6 income units for higher cap rate (with mechanicals-water lines and gas lines still in place) and added square footage in the unfinished attic. Must see.

Beds:
n/a
Baths:
Sq.Ft.:
4,021
Status:
Active
MLS#:
5900422
Type:
Office
Lot size:
0.14 Acres
Year built:
1903
Courtesy: ALL PRO REALTY INC
View additional info

Zoning G-RO-3 , per information from the city , it can be Residential Office use , Please verify ,prefect for live and work together

Beds:
n/a
Baths:
Sq.Ft.:
2,440
Status:
Active
MLS#:
4658028
Type:
Fourplex
Subdivision:
Overland Park
Year built:
1915
Courtesy: Kaufman Hagan
View additional info

The Arkansas Portfolio boasts seven units located in the heart of Denver and just steps away from popular retail on South Broadway. 4 & 18-20 W Arkansas Ave offer a unique unit mix, leaving multiple choices for potential renters. The property s location presents excellent walk and bike scores and is conveniently located within 15 minutes of Downtown Denver, Cherry Creek, and DTC. All seven units have seen recent renovations, some with high-end cosmetic finishes, leaving investors an attractive blend of stability and value add potential. There s also the option to re-deed each unit separately, thereby enabling their individual sale. The triplex and quadplex can be purchased separately or together. HOA - Has HOA: Yes - HOA fee: $318 monthly - Services included: Reserve Fund, Maintenance Grounds, Maintenance Structure, Roof Insurance, Recycling, Trash, Water, Sewer, Snow Removal - Association Name: S Broadway HOA OTHER FINANCIAL INFORMATION - Buyer s Agency fee: 2.5%

Beds:
n/a
Baths:
Sq.Ft.:
15,636
Status:
Active
MLS#:
5983128
Type:
Multi-Family
Lot size:
0.29 Acres
Year built:
1961
Courtesy: Marcus & Millichap Real Estate Investment Services of Atlanta, Inc.
View additional info

VALUE-ADD OPPORTUNITY!! STABILILIZED BUILDING WITH BELOW MARKET RENT, LOW PRICE PER UNIT, TONS OF UPSIDE!! Contact Clayton for marketing material 303-590-4537, [email protected]. 23-unit apartment community located in East Denver at the SWC of 14th Avenue and Xenia Street. Built in 1961, this L shaped 3-story exterior walk-up building is low maintenance with a sturdy all-brick and cinderblock exterior and flat roof. The roof was replaced less than 10 years ago. The 23 units consist of 2 studios, 19 one-bedroom units, and 2 two-bedroom units, most of which have been updated in the last 10 years with hard surface flooring and updated kitchens and bathrooms. Each unit is individually metered for electricity, paid directly by the residents. The building is heated by a central boiler replaced in 2018/2019 and a sidearm water heater was added at the same time for domestic hot water. Gas and Water is master metered paid by the owner, who recently implemented a $50 utility bill-back to recent move-ins. The building offers a central laundry facility with 3 washers and 2 dryers. All are coin-operated and owned by the building. There are 20 off-street parking spaces. The building is well protected with a new security door to the front of the building and a security gate from the alley to the central courtyard, all monitored by security cameras. The property has recently been xeriscaped for water conservancy with artificial grass added to the front of the building and to the renovated central courtyard. 1371 Xenia Street is conveniently located between the popular Lowry Neighborhood and Denver's Central Park Neighborhood and just a 5-minute drive to Fitzsimons Medical Campus. Residents enjoy a property that is walking distance to restaurants, shopping, parks, and public transportation. There is strong upside for a potential buyer by raising rents to market and continuing to implement the utility bill-back system.

Beds:
4
Baths:
3.00
Sq.Ft.:
1,700
Status:
Active
MLS#:
4882091
Type:
Triplex
Subdivision:
Broadway Arkansas
Year built:
1915
Courtesy: Kaufman Hagan
View additional info

The Arkansas Portfolio boasts seven units located in the heart of Denver and just steps away from popular retail on South Broadway. 4 & 18-20 W Arkansas Ave offer a unique unit mix, leaving multiple choices for potential renters. The property s location presents excellent walk and bike scores and is conveniently located within 15 minutes of Downtown Denver, Cherry Creek, and DTC. All seven units have seen recent renovations, some with high-end cosmetic finishes, leaving investors an attractive blend of stability and value-add potential. There s also the option to re-deed each unit separately, thereby enabling their individual sale. The triplex and quadplex can be purchased separately or together. HIGHLIGHTS - Can be purchased with 18-20 W Arkansas or separately - In-unit washer/dryer, vaulted ceilings, spacious closets, open & unique floor plans, diverse unique mix - Recent renovations include new luxury flooring, windows, contemporary lighting, and other high-end finishes - Current leases are 5-20% below market comparables - Option to re-deed separately, enabling individual sale of units - Centrally located in the heart of Denver and walkable to popular restaurants, bars, shops, and retail HOA - Has HOA: Yes - HOA fee: $239 monthly - Services included: Reserve Fund, Maintenance Grounds, Maintenance Structure, Roof Insurance, Recycling, Trash, Water, Sewer, Snow Removal - Association Name: S Broadway HOA

Beds:
9
Baths:
4.00
Sq.Ft.:
3,322
Status:
Active
MLS#:
9128181
Type:
Triplex
Subdivision:
Virginia Vale
Lot size:
0.23 Acres
Year built:
1973
Courtesy: Keller Williams DTC
View additional info

GREAT INVESTMENT!! LIVE IN ONE UNIT, RENT THE OTHERS!! HAVE YOUR TENANTS PAY YOUR MORTGAGE!! Well-maintained three-unit multifamily building consisting of (1) Three bedroom / two full bathroom unit and (2) Two-bedroom / one-bath units with washer/dryers and ceiling fans in every unit. The 3 bed / 2 bath (A) unit is the largest just under 1500 sq ft, and features hardwood floors, newer kitchen, appliances, paint, lights and offers a small fenced in yard perfect for summer BBQ s. You ll be surprised at how large the unit feels with this open layout. Attached to this unit is a 1 car garage and 1 carport allowing for flexible parking/storage options. View it here @ tinyurl.com/6205Ohio The up-down Duplex on the East side are both 2bed / 1 bath units approximately 950sq ft each, which makes for a larger then average unit. Both units have been updated. In addition to these 3 rental units. There is also an attached 20x20 two car Garage, that is also rented . In addition to that, there are two 8x10 sheds are on the property. The units are individually metered for electric and natural gas, master metered for water, and sewer. The building has been resided and painted in the last 2 years. The landscaping is simple and requires low exterior maintenance. There are 4 off-street parking spaces in front of the units. This property is located in a solid south Denver sub-market with low vacancy. Located within walking distance to Garland Park, retail, restaurants, and public transportation. Please contact Adam Cole 720-985-4044 at [email protected] for rent roll and financials.

Beds:
4
Baths:
2.00
Sq.Ft.:
1,982
Status:
Active
MLS#:
5666476
Type:
Duplex
Subdivision:
J Cook Jrs
Lot size:
0.14 Acres
Year built:
1953
Courtesy: Brokers Guild Homes
View additional info

This fully remodeled duplex in City Park North offers the privacy, comfort and quality you ve been looking for to attract and keep long term tenants at market rents and enjoy a steadily rising cap rate and minimal maintenance issues for years to come! Step into a world of modern elegance, where every detail has been meticulously upgraded with custom flooring, tile and backsplashes, stainless-steel appliances, granite countertops, sleek white shaker cabinets, custom lighting, closets and quality workmanship throughout. Enjoy the abundance of natural light that floods the spacious great room floor plan, complemented by generously sized bedrooms and designer finishes throughout. Outside, 3441 (front unit) has sprawling 1,155 square feet yard with new 6' redwood privacy fences, very private 540 square feet fenced patio right out the kitchen door that s perfect for entertaining, The back unit, 3447, offers a very private, sprawling 1,896 square feet yard with new 6' redwood privacy fences, a private 240 square feet covered patio right off the family room and kitchen door, that is also perfect for entertaining. Double car gates on the alley give you yard access and more private parking options. New concrete sidewalks and private patios, new redwood privacy fences, new professional landscaping with all new sod with dual zone sprinklers in each private yard, 10 evergreen trees and a golden maple, lilacs, and maiden grass. Perfect for those seeking convenience, this investment is strategically located near downtown, I70, and a plethora of attractions, including DIA, Stapleton, city zoo, golf course, IMAX, and museums. Plus, with no HOA fees and separate utility agreements for each parcel, enjoy the freedom of homeownership without compromising. Don't miss this opportunity to embrace luxury living in the heart of the city. Schedule a time to see your next smart investment today!

Beds:
8
Baths:
7.00
Sq.Ft.:
4,388
Status:
Active
MLS#:
8324242
Type:
Duplex
Subdivision:
Congress Park
Lot size:
0.12 Acres
Year built:
1909
Courtesy: ASSIST 2 SELL DENVER METRO
View additional info

This is a rare opportunity to own a full Duplex 2 blocks from Congress Park, includes both sides of this exceptionally well-cared for duplex, remodeled, turnkey and ready to go. Located on a prime corner in the Congress Park Neighborhood s 12th Ave Business District, across from shops and restaurants. Perfect live/work/ABNB/4-6 unit income producing property with Main Street Zoning U-MS-2 for commercial use or future development. On bus/bicycle route, close to parks and Denver Botanic Gardens. The 4 current units have many new updates including kitchens, baths, fixtures, refinished 115 year old wood floors, appliances, paint and feature the original woodwork. The beautiful craftsman style-brick exterior features separate egress entrances with covered porches, decks, patios a shared fenced backyard with mature trees and sprinkler system. EZ back to 6 income units for higher cap rate (with mechanicals-water lines and gas lines still in place) and added square footage in the unfinished attic. Must see.

Beds:
n/a
Baths:
Sq.Ft.:
8,649
Status:
Active
MLS#:
8284401
Type:
Multi-Family
Lot size:
0.16 Acres
Year built:
1962
Courtesy: NorthPeak Commercial Advisors, LLC
View additional info

Asbury Arms Apartments, located at 4630 E Asbury Cir, consists of (1) 1bed/1bath and (11) 2bed/1bath units totaling 12 units. The property sits in the convenient location of Virginia Village with instant access to I-25 and Colorado Blvd. making it perfect for tenants commuting to downtown Denver, DU campus, or the Denver Tech Center. There have been many recent updates to the property including new galvanized steel stairs, exterior landings, and recently re-coated roof. There is immediate upside in raising the rents to market with little to no work needed, or an investor can choose to renovate the property to achieve even higher rents and bring this property to the next level. Please contact Jack Sherman to schedule a showing at 303-903-9638

Beds:
6
Baths:
4.00
Sq.Ft.:
4,425
Status:
Active
MLS#:
8386191
Type:
Fourplex
Subdivision:
Capitol Hill
Year built:
1896
Courtesy: NorthPeak Commercial Advisors, LLC
View additional info

1025 N Clarkson is a well located 4 unit perfect for an owner occupant or first time buyer. These units boast oversized floorplans, in unit laundry, and one large private balcony. Recent improvements include new roof (2018), garage renovation, and updated interiors. Another uniquely attractive piece of the deal is more than 1:1 parking. With 3 off street spaces and 2 large garages, there is strong potential for an additional $500 of monthly income. With a walk score of 91, this location is considered a walker s paradise. Tenants enjoy urban living in the heart of Capitol Hill near Governor s Park and Ideal Market. For the right investor, this is a great opportunity to buy premium units in an A+ location. For tour and/or property info, please contact LEAD BROKER HUNTER SCHAEFER 925-989-8930 or [email protected]. All property visits must be accompanied by listing broker, thank you.

Beds:
n/a
Baths:
Sq.Ft.:
1,702
Status:
Active
MLS#:
9796681
Type:
Office
Lot size:
0.16 Acres
Year built:
1909
Courtesy: BRADFORD REAL ESTATE
View additional info

Wonderful opportunity in one of the most happening neighborhoods in Denver! Completely renovated in 2015, receiving the Denver Mayor's Design Award, this wonderful boutique office building is ready for it's next phase. Countless possibilities from it's current set up to complete redevelopment of the large 7,000 sq. ft. lot with U-MX-3 zoning. Great use for insurance agent, financial advisor, attorney, therapist, architect, medical practice, so many options! This property could also be redeveloped into townhomes, apartments, condos or micro hotel. Tons of possibilities! This building has owned solar panels with an electrical vehicle charging station. ADA compliant, with ramp access in back. Outdoor patio space with inviting pergola. Current real estate business is relocating. Furniture is negotiable. Square footage is 1,215 on main level and 487 in semi finished basement.

Beds:
4
Baths:
2.00
Sq.Ft.:
1,918
Status:
Active
MLS#:
9865996
Type:
Duplex
Subdivision:
DU/University/Platt Park
Lot size:
0.14 Acres
Year built:
1955
Courtesy: TJC REAL ESTATE
View additional info

What an opportunity. Fully rented DU property with tons of possibilities for the beginner or expert investor. Live in half when lease is up and rent to supplement? Take advantage of the expensive and steady DU rental market? Do either for x amount of time and then plan on rolling with the trends of pop-topping/scraping for land value in this multi-million dollar neighborhood. Location is prime, light rail, Harvard Gulch park/golf course, restaurants and social life galore all walkable. Long term renters in place are willing to talk about either staying or living out their lease. Property has been professionally managed and that can either end with the sale or if buyer prefers to stay on. Rents are $1695 and $1495, probably ready for an increase and any improvements to the property could even make that higher. And there are several examples of new builds on the block and in the area to justify new build costs. Don't just look at this for the CAP number or land value, both are viable strategies. Just hurry up and get it and let the neighborhood work it's magic to make your investment be sound regardless of where the future takes you and this property. NO SHOWINGS OF THIS PROPERTY OUTSIDE OF ONE TIME SHOWING TIME SATURDAY APRIL 13th FROM 12 to 3.

Beds:
4
Baths:
2.00
Sq.Ft.:
2,270
Status:
Active
MLS#:
3478952
Type:
Duplex
Subdivision:
Elyria
Lot size:
0.13 Acres
Year built:
1906
Courtesy: Capstone Apartment Partners, LLC
View additional info

Capstone Apartment partners is proud to present 4669 Williams St. A duplex in the heart of Denver s Elyria-Swansea neighborhood located just minutes from everything down town Denver has to offer. The property features two 2-bedroom/1-bathroom units both with, their own yards, and unfinished basements with a ton of untapped potential for the future owner. The property provides ample tenant parking with 4 garages in the back, as well as readily available street parking. This property offer an exceptional opportunity for an owner occupier or investor a like.

Beds:
n/a
Baths:
Sq.Ft.:
7,547
Status:
Active
MLS#:
7623843
Type:
Industrial
Lot size:
0.14 Acres
Year built:
1958
Courtesy: Kaufman Hagan
View additional info

3114 Larimer St is a unique 7,547 sq ft flex space that is fully renovated throughout, offering you the flexibility to create your ideal work/live environment. Its excellent location in the heart of RiNo comes with a remarkable 96 Walk Score, providing easy foot access to all the vibrant restaurants and retail that RiNo has to offer. This property is not only aesthetically captivating, but also practical with new electrical, plumbing, and roof updates. Additionally, it includes a beautifully renovated 1-bed, 1-bath 1,435 sq ft apartment unit that can easily be converted into office space. Private office areas complete the package, making this space a strategic choice for businesses seeking a dynamic, flexible, and phenomenally-located workspace.

Beds:
n/a
Baths:
Sq.Ft.:
1,699
Status:
Active
MLS#:
1943613
Type:
Industrial
Lot size:
0.51 Acres
Year built:
1891
Courtesy: Boundary Realty LLC
View additional info

Great investment opportunity! Centrally Located! Sellers are wanting to sell both lots combined - Total sq footage for both lots is 22599sq ft or 0.51 ACRES. The existing zoning I-MX-3 provides a lot of flexibility for mixed uses, including industrial, residential and commercial. Ask listing agent for Community Planning & Development department of Denver contact info. Seller has been renting a portion of his property for vehicle storage. Month to month Lease currently in place. Lots are located just south of future affordable housing project by City and County of Denver. Great location near National Western Complex, I-70 redevelopment, Rino Arts District, I-25, downtown. Please refer to this link to learn about Washington st Corridor project in Globeville Elyria-Swansea neighborhoods. https://denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Transportation-and-Infrastructure/Programs-Services/Projects/Washington-Area Lot could be used as residential income or company storage until ready to add a new project aligned with Denver's vision for this area. This is Tremendous Live Work Opportunity

Beds:
n/a
Baths:
Sq.Ft.:
13,106
Status:
Active
MLS#:
2214372
Type:
Other
Lot size:
0.42 Acres
Year built:
1942
Courtesy: A2Z Realty LLC
View additional info

Church for sale, or investor opportunity

Beds:
2
Baths:
2.00
Sq.Ft.:
2,006
Status:
Active
MLS#:
5949938
Type:
Duplex
Subdivision:
Washington Park West
Lot size:
0.11 Acres
Year built:
1898
Courtesy: RE/MAX ALLIANCE
View additional info

LOCATION | INVESTMENT OPPORTUNITY | UPDATES THROUGHOUT | $10k SELLER CONCESSIONS | Don t miss out on purchasing both sides of an amazing duplex in such a hot area of Denver! With two one-bedroom, one-bathroom units, a private yard, and ample parking, the possibilities for this property are endless! Whether used as a primary residence with rental income from the other unit, or solely as an investment property, this duplex presents an excellent opportunity for potential income generation. A range of recent updates include; new paint, new flooring and carpet, updated bathrooms, new city water line in 2023, plumbing redone in 2023, new electric panel in 2022, and a new fence in 2019. The landscaped backyard allows anyone the opportunity to enjoy a beautiful Colorado day, complete with a dog run, and a newer fence that provides added security and privacy. The surrounding neighborhood offers a vibrant community atmosphere and is known for its eclectic mix of culture and entertainment, and is highly desired amongst renters! Conveniently situated one block east of Broadway, residents will enjoy easy access to a wide array of amenities, including shops, restaurants, parks, and entertainment options. Enjoy the convenience of living in the city without the impact of the busy Broadway strip with four owned parking spaces located at the back of the property. Convenient access to 1-25 and Downtown Denver. Don't miss the opportunity to own this versatile property in a prime Denver location! Schedule a showing today. Take a virtual and aerial tour at: https://rem.ax/SLincoln

Beds:
4
Baths:
4.00
Sq.Ft.:
3,330
Status:
Active
MLS#:
7389875
Type:
Fourplex
Subdivision:
West City Park
Lot size:
0.14 Acres
Year built:
1886
Courtesy: Porchlight Real Estate Group
View additional info

WE HAVE TWO VACANT UNITS AND WILL ADVERTISE TO SELL THE PROPERTY THIS WEEK AND AFTER THAT NOT UNTIL NEXT SPRING. PERFECT FOR 1031 EXCHANGE. COMMISSION IS 2.8% This is a majestic Victorian located in City Park West that has been a solid rental property for decades. The owner lived in the property and updated the units through the years They have never had an issue finding tenants because of garage parking and an on-site washer and dryer. Rents have always been below market value to ensure good long-lasting tenants. Time to sell and do a 1031 Exchange so you can purchase the home as an owner-occupant and have the other units pay your mortgage or you can use it as a development opportunity.

Beds:
4
Baths:
4.00
Sq.Ft.:
1,997
Status:
Active
MLS#:
6076026
Type:
Fourplex
Subdivision:
Elyria-Swansea
Lot size:
0.08 Acres
Year built:
1937
Courtesy: METRO HOME FINDERS
View additional info

Back on the Market!!! Buyer got cold feet!!!! Attention Investors! This is a remarkable opportunity to own a quadplex in the transforming Swansea area! The converted single-family home boasts four units, all with long-term rental history. The current owner has been re-finishing and updating each unit as they have become available. Financials and leases are available upon request. This property is turn-key, with an opportunity to own the home behind the home! Book your showing today!

Beds:
n/a
Baths:
Sq.Ft.:
3,553
Status:
Active
MLS#:
7135874
Type:
Multi-Family
Lot size:
0.11 Acres
Year built:
1922
Courtesy: RE/MAX of Cherry Creek
View additional info

Golden Opportunity in the Speer Neighborhood! This enduring investment presents an opportunity with a very low vacancy rate in the highly sought-after Speer neighborhood. Ideal investment opportunity, with substantial upside. Currently boasting a 5% CAP rate, the rental market indicates a potential 5.6% CAP rate under new ownership (refer to pro-forma for details). Situated in an excellent location for urban enthusiasts, the property is just 0.2 miles from the Cherry Creek bike path, less than half a mile from Alamo Placita Park, 1.5 miles to the Cherry Creek Mall, and a convenient 1/2 mile stroll to Broadway and 1st Avenue. It s your urban renters dream locale. Features include central heating and A/C, updated windows throughout, modernized electrical systems, individually metered units with tenant-paid electricity. The building boasts newer furnace, newer roofs and gutters, as well as a sprinkler system that keeps the landscape lush and green, front and back. The kitchens are well-maintained, featuring painted cabinets, laminate counters (granite in one unit), and hardwood floors throughout. Utilities are divided with owners responsible for gas, A/C, common space electricity, water, sewer, and trash, while tenants cover unit electricity, cable, and internet. Additionally, a coin-operated laundry facility in the basement provides another income stream. Showings can be scheduled through showingtime and/or by email. 1 unit is vacant and ready to show. For questions about the listing, please call Eddie at 303-564-5864

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