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2929 W 37th Avenue, Denver, CO – $1,575,000

  • $1.6M Price
  • 4,313 Sqft
  • ¼ Acres
  • $1.6M Price
  • 4,313 Sqft
  • ¼ Acres

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2929 W 37th Avenue

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.

Listing Office: Live West Realty

Essential Information

  • MLS® #2880123
  • Price$1,575,000
  • Bathrooms0.00
  • Square Footage4,313
  • Acres0.25
  • Year Built1947
  • TypeCommercial Sale
  • Sub-TypeMulti-Family
  • StatusActive

Community Information

  • Address2929 W 37th Avenue
  • CityDenver
  • CountyDenver
  • StateCO
  • Zip Code80211

Amenities

  • Parking Spaces5

Exterior

  • RoofOther

Lot Description

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

Additional Information

  • Date ListedOctober 8th, 2024
  • ZoningU-TU-B

Listing Details

  • Live West Realty

Office Contact

Benny@livewestrealty.com,303-818-6236

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Listing information last updated on November 25th, 2024 at 4:18pm MST.