136 N Washington Street

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.

Listing Office: NorthPeak Commercial Advisors, LLC