Active

2929 W 37th Avenue

Denver CO, 80211

$1,575,000


$365.18 per sqft

Active

4,313 sqft

Commercial

Built in 1947

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 6.3% 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.

2880123

MLS ID

October 8, 2024

Listed

October 31, 2024

Updated

Map

2929 W 37th Avenue
Denver CO, 80211

Interior Features

Total Stories

1


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.25 Acres


Lot Features

Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear


Roof

Other


Sewer

Public Sewer

Other Property Details

Taxes

$7,184


Tax Frequency

Annually


Garage

No


Parking Total

5


View

No


County

Denver


Pool

No


Zoning

U-TU-B

Listed by Live West Realty, Benjamin Swan, Listing Contact: [email protected],303-818-6236 
 

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Data last updated 3:12 PM UTC, 10/31/2024

 

 

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