UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,232 sqft
Price per Sqft $448
MLS Listing ID 1652824
HOA Y/N No
Year Built 1888
Annual Tax Amount $3,738
Tax Year 2023
Lot Size 1,250 Sqft
Acres 0.03
Property Sub-Type Multi Family
Source recolorado
Property Description
Looking for an investment that combines steady cash flow with growth potential? This 5-unit multi-family property is your chance to own a rare gem in a desirable location. Here's why this is the perfect opportunity for savvy investors like you:
Situated in a highly sought-after neighborhood, this property consistently benefits from strong tenant demand. With low vacancies, you'll enjoy consistent rental income and minimal downtime between tenants. The location speaks for itself—proximity shopping, dining, and transportation makes it a renter's dream.
This property offers unparalleled flexibility:
* Turn-Key Option: Move in ready with strong, stable tenants. Start earning immediately with minimal effort.
* Value-Add Potential: Looking to increase your returns? Update the units or enhance the property to command higher rents and boost the overall property value.
With historically low vacancies and competitive market rents, this multi-family property is designed to deliver steady cash flow. Its layout and design cater to a wide range of tenants, ensuring consistent demand year-round.
Location
State CO
County Denver
Zoning U-SU-A1
Interior
Fireplace N
Exterior
Roof Type Composition
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.
I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.
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