$1,010,000
$1,175,000
14.0%For more information regarding the value of a property, please contact us for a free consultation.
6,969 Sqft Lot
SOLD DATE : 10/28/2024
Key Details
Sold Price $1,010,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 3897172
Sold Date 10/28/24
HOA Y/N No
Originating Board recolorado
Year Built 1941
Annual Tax Amount $5,773
Tax Year 2022
Lot Size 6,969 Sqft
Acres 0.16
Property Description
Visit 3552Morrison.com for details. Welcome to an updated 10 unit building with value-add potential to immediately increase income! 9 units have been either fully renovated or updated with the 10th unit being a shell and ready for renovation to add instant value. Completed upgrades include ALL NEW Electrical meters, new plumbing, and new flooring. Units 7 and 8 were fully renovated and all new! Located in the Westwood neighborhood just 10 minutes away from downtown Denver, the property is located in a Qualified Census Tract - Opportunity Zone. Providing a mix of studio, one-bedroom, and two-bedroom units to cater to diverse tenant needs. This property is excellent for an investor looking for a great turn-key investment with the opportunity to finish the construction of the 10th unit.
Location
State CO
County Denver
Zoning E-MX-3, UO-1, UO-2
Interior
Fireplace N
Exterior
Roof Type Other
Total Parking Spaces 6
Garage No
Building
Story 3
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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