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$3,650,000
Est. payment /mo
6,098 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 5664600
HOA Y/N No
Originating Board recolorado
Year Built 1967
Annual Tax Amount $21,395
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Multi Family
Property Description
The Washington Apartments boast a spectacular location in Denver's coveted West Washington Park neighborhood. The residents of the 17-unit building walk, bike or jog through Wash Park or along the Cherry Creek Bike Trail less than two blocks away. The neighborhood embodies the outdoor lifestyle for which Denver is known. The remodeled apartments feature maple or oak cabinetry, solid hardwood floors and clean, sharp finishes. 60-amp electrical service is provided through Square-D breaker panels, and the hot water baseboard heat is individually controlled by the residents. The exterior of the low-maintenance building features upgraded windows, stairs and railings. Off-street parking is offered to residents for $75/month, and the tenants enjoy building-owned coinless laundry equipment that was installed last month. The stabilized property is ideal for a passive investor, though plenty of upside remains for a new owner seeking to achieve top of the market rents through modest renovation.
Location
State CO
County Denver
Zoning G-MU-5
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
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 NorthPeak Commercial Advisors, LLC • conner@northpeakcre.com,303-818-1805
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