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2929 W 37th AVE Denver, CO 80211
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Key Details
Sold Price $1,300,000
Property Type Commercial
Sub Type Multi Family
Listing Status Sold
Purchase Type For Sale
Square Footage 4,313 sqft
Price per Sqft $301
MLS Listing ID 2880123
Sold Date 05/13/25
HOA Y/N No
Year Built 1947
Annual Tax Amount $7,184
Tax Year 2023
Lot Size 0.251 Acres
Acres 0.25
Property Sub-Type Multi Family
Source recolorado
Property 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.
Location
State CO
County Denver
Zoning U-TU-B
Interior
Fireplace N
Exterior
Roof Type Other
Total Parking Spaces 5
Garage No
Building
Lot Description Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Structure Type Concrete,Stucco
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NON MLS PARTICIPANT