About 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 6.9% 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.
Features of 2929 W 37th Avenue
| MLS® # | 2880123 |
|---|---|
| Price | $1,475,000 |
| Bathrooms | 0.00 |
| Square Footage | 4,313 |
| Acres | 0.25 |
| Year Built | 1947 |
| Type | Commercial Sale |
| Sub-Type | Multi-Family |
| Status | Pending |
Community Information
| Address | 2929 W 37th Avenue |
|---|---|
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80211 |
Amenities
| Parking Spaces | 5 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Fireplace | No |
|---|
Exterior
| Lot Description | Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear |
|---|---|
| Roof | Other |
Additional Information
| Date Listed | October 8th, 2024 |
|---|---|
| Zoning | U-TU-B |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Live West Realty |
|---|