Denver, CO 80211,2929 W 37th AVE
Denver, CO 80211,2929 W 37th AVE
Denver, CO 80211,2929 W 37th AVE
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$1,475,000
Est. payment /mo
0.25 Acres Lot

UPDATED:

12/05/2024 05:07 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 2880123

HOA Y/N No

Originating Board recolorado

Year Built 1947

Annual Tax Amount $7,184

Tax Year 2023

Lot Size 10,890 Sqft

Acres 0.25

Property Description

This well-maintained 8-unit apartment building offers an incredible chance to invest in one of Denver’s most sought-after
areas. Each unit features 1 bedroom and 1 bathroom, with 3 of the 8 units already renovated, presenting significant upside
potential. Renovate the remaining units to unlock even higher rental income. The property sits on a large 10,935 sq. ft. lot
and includes five dedicated parking spaces. With a projected cap rate of 6.9% once rents are increased and parking fees
are implemented, this property promises strong returns. Located within walking distance to popular restaurants, public
transportation, and all the vibrant hotspots of Highlands and LoHi.

Location

State CO

County Denver

Zoning U-TU-B

Interior

Fireplace N

Exterior

Roof Type Other

Total Parking Spaces 5

Garage No

Building

Lot Description Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear

Sewer Public Sewer

Structure Type Concrete,Stucco

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


Read Less Info
REColorado (REColorado MLS)
Listed by Live West Realty • Benny@livewestrealty.com,303-818-6236
agent-avatar

"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "

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2929 W 37th AVE