$1,050,000
Active

1638 N High Street

Denver, CO 80218
3445 sqft | 0.15 acres | #7102372
Listing OfficeNorthPeak Commercial Advisors, LLC
Browse 21 photos
Type:Purchase
Structure:5+ Family
Zone:Commercial

Description

Value-Add opportunity in Uptown Denver! 1638 High Street presents an exceptional opportunity to acquire a five-unit apartment building in Denver’s highly desirable Uptown neighborhood. Situated on the same block as 17th Avenue’s “Restaurant Row”, the property offers immediate access to some of the city’s best dining, nightlife and entertainment options. Comprised of five spacious one-bedroom apartments, most of which exceed the average unit size for the area, the building provides an ideal canvas for a value-add investment. With only minor cosmetic upgrades, a new owner can substantially increase rents, maximizing the property’s income potential. Recent capital improvements include newer vinyl windows and a new water service line. This is a prime opportunity to acquire a well-located, character-rich asset
with significant upside potential in one of Denver’s most sought-after rental markets.

  • Property Details
      • Lot DescriptionHistorical District, Landscaped, Near Public Transit
      • Structure TypeLow Rise (1-3)
      • Sewer InformationPublic Sewer
      • Property SubtypeMulti Family
      • Original List Price$1,050,000
      • MLS #7102372
      • Cost1050000
      • MLS #7102372
      • Utility SourcePublic
      • CountyDenver
      • Taxes Annual$6,330
      • Acres0.15
      • Square Feet3445
      • Year Built1898

Location

Hanover CommercialReal Estate Group
OR

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