$ 1,999,000
2735 and 2739-2741 W 32nd AVE Denver, CO 80211
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$ 1,999,000
Est. payment | /mo
0.47 Acres Lot
$ 1,999,000
Est. payment | /mo
0.47 Acres Lot
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 3387836
Style Traditional
HOA Y/N No
Originating Board recolorado
Year Built 1895
Annual Tax Amount $12,287
Tax Year 2023
Lot Size 0.470 Acres
Acres 0.47
Property Description
Discover an exceptional investment or redevelopment opportunity with this residential income property portfolio, ideally located in Denver’s sought-after Highlands neighborhood. This unique offering spans a 20,400-square-foot site and comprises two parcels, each with income-producing units.
Parcel 1: Located at 2739-2741 W 32nd Avenue, this property features two fully-occupied units. The interiors boast hardwood floors, modern granite countertops, and seven newly updated full bathrooms. The property has been upgraded with a new furnace, water heaters, and a recently installed sewer line, ensuring long-term operational efficiency.
Parcel 2: Situated at 2735 W 32nd Avenue, this property includes four occupied units, each equipped with hardwood flooring, ceiling fans, and fully functional kitchens. Residents also enjoy access to outdoor patio space, perfect for relaxation and social gatherings.
The site sits along bustling W 32nd Avenue, a prime location in the Highlands known for its vibrant energy, filled with popular restaurants, boutique shops, bars, and services. Nearby parks add to the appeal, offering green spaces for outdoor recreation. Zoned G-MU-3, this portfolio presents an ideal redevelopment opportunity, allowing for future growth and transformation, all while benefitting from the consistent rental income generated by the current tenants.
Parcel 1: Located at 2739-2741 W 32nd Avenue, this property features two fully-occupied units. The interiors boast hardwood floors, modern granite countertops, and seven newly updated full bathrooms. The property has been upgraded with a new furnace, water heaters, and a recently installed sewer line, ensuring long-term operational efficiency.
Parcel 2: Situated at 2735 W 32nd Avenue, this property includes four occupied units, each equipped with hardwood flooring, ceiling fans, and fully functional kitchens. Residents also enjoy access to outdoor patio space, perfect for relaxation and social gatherings.
The site sits along bustling W 32nd Avenue, a prime location in the Highlands known for its vibrant energy, filled with popular restaurants, boutique shops, bars, and services. Nearby parks add to the appeal, offering green spaces for outdoor recreation. Zoned G-MU-3, this portfolio presents an ideal redevelopment opportunity, allowing for future growth and transformation, all while benefitting from the consistent rental income generated by the current tenants.
Location
State CO
County Denver
Interior
Fireplace N
Exterior
Garage Concrete
Garage Spaces 1.0
Utilities Available Electricity Connected, Sewer Connected
Roof Type Composition
Parking Type Concrete
Total Parking Spaces 3
Garage Yes
Building
Story 2
Sewer Public Sewer
Water Public
Structure Type Brick,Frame
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by KENTWOOD REAL ESTATE DTC, LLC • [email protected]
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