4,313 sqft

$1,300,000

2929 W 37th Avenue, Denver CO, 80211

Price per sqft$301.41

Built in1947

Property size4,313 sqft

Property typeCommercial

Overview

Sold

Closed

Listed Oct 8, 2024

Updated Jun 2

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.

Additional information

MLS^® ID: 2880123

Interior Features

Basement: No

Exterior Features

Lot Size: 0.25 Acres

Other Property Details

Taxes: $7,184
Tax Frequency: Annually

Listed by Live West Realty, Benjamin Swan, Listing Contact:

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