2929 W 37th Avenue
Denver, CO 80211
4313 sqft | 0.25 acres | #2880123
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 6.9% 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.
Property Details
- Lot DescriptionLandscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
- Structure TypeLow Rise (1-3)
- Sewer InformationPublic Sewer
- Property SubtypeMulti-Family
- Original List Price$1,575,000
- Property TypePurchase
- MLS #2880123
- Cost1475000
- MLS #2880123
- CountyDenver
- Taxes Annual$7,184
- Acres0.25
- Square Feet4313
- Year Built1947
Location
Legal
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Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Benjamin Swan (#REC27520N)
Listing Office: Live West Realty (#RECBO003)
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