This exceptional investment opportunity presents a stabilized multifamily portfolio comprising two adjacent buildings totaling six units situated on a 20,400 square foot lot in Denver's desirable Potter Highlands neighborhood. The property, located at 2735 and 2739-2741 W 32nd Avenue, offers a blend of classic charm and modern updates. Building one, at 2735 W 32nd Avenue, features four units, each boasting hardwood floors, ceiling fans, and fully functional kitchens, along with access to outdoor patio space. Building two, at 2739-2741 W 32nd Avenue, includes two units upgraded with hardwood floors, modern granite countertops, and seven newly renovated full bathrooms. Significant recent improvements include a new furnace, water heaters, and a recently installed sewer line, ensuring long-term operational efficiency. The property is currently 100% occupied, generating consistent rental income. With a total of 6,230 square feet, the buildings are two stories each, and the property includes four parking spaces. The asking price is $1,999,000, representing a price per square foot of $320.87 and a price per unit of $333,166.67. The property is zoned G-MU-3 and benefits from its location on bustling West 32nd Avenue, close to restaurants, shops, bars, and parks. This presents a rare opportunity to acquire a well-maintained, income-producing asset in a thriving Denver neighborhood.
Apartment building - Six-unit apartment building, prime location.
Where is the apartment building located?
The property is located at 2735 32Nd Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,999,000.
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Contacts
Kyle Malnati
Jen Fillion
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32Nd Ave Denver, CO 80211
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32Nd Ave Denver, CO 80211
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The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
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2735 32Nd Ave
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