Coming soon
2935 W 37th Avenue
Denver CO, 80211
$1,575,000
$365.18 per sqft
Coming soon
4,313 sqft
Commercial
Built in 1948
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 5.7% 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.
8723862
MLSⓇ ID
October 4, 2024
Listed
November 20, 2024
Updated
Map
2935 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
Irrigated, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Roof
Other
Sewer
Public Sewer
Other Property Details
Taxes
$6,318
Tax Frequency
Annually
Garage
No
Parking
Asphalt
Parking Total
5
View
No
County
Denver
Water Source
Public
Pool
No
Zoning
U-MS-2
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Data last updated 6:50 PM UTC, 11/20/2024
