Unlock the upside potential of 1560 Gilpin St., an 8-unit multi-family complex in the highly desirable City Park West neighborhood. Priced at $1,600,000, this property presents a tremendous value-add opportunity, with current below-market rents and room for strategic upgrades to maximize returns. Each unit offers a solid foundation for modern renovations, allowing investors to increase rental income through interior upgrades such as updated kitchens, bathrooms, and contemporary finishes (currently only units 5 & 6 renovated). Situated just minutes from City Park, downtown Denver, and top dining and entertainment options, this location ensures strong tenant demand. With Denver’s rental market continuing to thrive, 1560 Gilpin St. is perfectly positioned for long-term appreciation and increased cash flow. Don’t miss this chance to capitalize on an underperforming asset with significant growth potential!<br />Laundry: Shared Common Area in the basement<br />Parking: 5 garage spaces and two regular spaces<br />Roof: Good condition - coated in approx 2022<br />Heat: Radiator (steam heat)<br />Cooling: No<br />New plumbing in the bathrooms checked & repaired 2024<br />Utilities - Electricity and Gas - Paid by Tenants (except units 7 & 8)<br />Water & Sewer - Owner pays
Based on information submitted to the MLS GRID as of 2025-10-13 18:18:16 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Last Updated: . Source: RECOLORADO
Provided By
Listing Agent: Heather Taylor (#REC55056905), Phone: 720-608-4201, Email: heather@impactcommercial.co
Listing Office: Impact Commercial Real Estate, LLC (#RECMH276)
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