Overview
- Commercial Sale
- 9720
- 1972
Description
Attention savvy investors! Presenting a rare opportunity to acquire a meticulously remodeled multi-family building with nine units. This property boasts a prime location and impeccable features designed to maximize returns and tenant satisfaction.
Each unit has been tastefully renovated, offering a mix of three 2-bedroom units and six 1-bedroom units. The remodel in 2020 ensured modern living standards with brand new kitchens featuring new cabinets, stainless steel appliances, and granite countertops. Updated bathrooms, new flooring, in-unit washer and dryer and wall-mounted A/C units enhance comfort and appeal. Plus, one unit features handicap ramp access, ensuring inclusivity and compliance with accessibility standards.
Investors will appreciate the added value of recent upgrades including new fire sprinklers with monitoring, new plumbing, new electrical system and new sewer line. The property is equipped with a bike rack and provides ample parking with nine dedicated spots, plus street parking for tenants.
With a remarkable 100% occupancy rate since September 2020, this investment promises steady cash flow. Tenants enjoy the convenience of nearby public transportation, with the Light rail just 5 minutes away and a bus stop a mere 1 minute stroll. Additionally, the River Point shopping center is only 5 minutes away, adding to the property’s desirability.
With a current rental license up to date and a desirable assumable loan at a competitive rate of 3.36% through March 2026, this property offers a turnkey solution for investors seeking a reliable income stream in the commercial housing market. Act now to seize this exceptional opportunity and elevate your investment portfolio! Schedule your viewing today.
Address
Open on Google Maps- Address 3530 W Lehigh Avenue
- City Denver
- State/county CO
- Zip/Postal Code 80236
- Country United States
Details
Updated on March 28, 2024 at 7:42 pm- Property ID: AMR29674484
- Price: $2,100,000
- Property Size: 9720 Sqft
- Land Area: 0.25 lot_area_unit
- Year Built: 1972
- Property Type: Commercial Sale
- Property Status: For Sale
- MLS#: REC4952571
- Office Name: HOMESMART
- Agent Name: Christel Doremieux
- MLS Status: Active
Additional details
- List Office MLSID: REC1HOME
- List Agent MLSID: REC041549
- List Date: 2024-03-28T02:00:25.000Z
- Roof: Membrane
- Sewer: Public Sewer
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