Strive LakeMiddle School
Fully rented four-plex generating $6,000 per month, with permitted palns for a 13-unit condo developement in one of Denver's hotest neighborhoods. The property is just 200 feet from the Perry Street Light Rail stop and the "W" Line running from Downtown Denver to Golden. It's also adjacent to the Lakewood Drygulch Park and recreation path. The building and each of the four existing units was recently remodeled with a new roof, new carpeting and tile, cabinets, countertops, some appliances, freshly painted, sewer line cleaned and boiler serviced. All tenants on a one-year lease. You also have the option of building a beautifull 13-unit condominium building. The plans are fully permitted by the City. Plans include four 2-bed/2bath units, nine 1-bed/1-bath units, and 13 covered parking spaces. Each unit includes its own private outdoor space. Lots of versatility: Rent the entire building, sell part and keep part, or sell the entire thing. You can also sell/lease the parking spaces separate from the apartments. This project was approved prior to the City's affordable housing regulations. This is a great investment as a rental or redevelopemnt project.
1,654 Sq ft
1,409 Sq ft
1,065 Sq ft
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Listing Source: IRES - Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. Copyright IRES. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Updated: 9th June, 2023 11:11 AM (UTC)
Listing Agent: Stephen Titus
Listing Office: RE/MAX ALLIANCE
Attribution contact: 0109B@0109B.com,303-442-3180