2929 W 37th AVE Active

Denver,CO 80211

$ 1575000

- Bed

- Bath

- SqFt


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 6.5% 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

Story 1

Sewer Public Sewer

Structure Type Concrete,Stucco

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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