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Discover an exceptional investment or redevelopment opportunity with this residential income property portfolio, ideally located in Denver’s sought-after Highlands neighborhood. This unique offering spans a 20,400-square-foot site and comprises two parcels, each with income-producing units. Parcel 1: Located at 2739-2741 W 32nd Avenue, this property features two fully-occupied units. The interiors boast hardwood floors, modern granite countertops, and seven newly updated full bathrooms. The property has been upgraded with a new furnace, water heaters, and a recently installed sewer line, ensuring long-term operational efficiency. Parcel 2: Situated at 2735 W 32nd Avenue, this property includes four occupied units, each equipped with hardwood flooring, ceiling fans, and fully functional kitchens. Residents also enjoy access to outdoor patio space, perfect for relaxation and social gatherings. The site sits along bustling W 32nd Avenue, a prime location in the Highlands known for its vibrant energy, filled with popular restaurants, boutique shops, bars, and services. Nearby parks add to the appeal, offering green spaces for outdoor recreation. Zoned G-MU-3, this portfolio presents an ideal redevelopment opportunity, allowing for future growth and transformation, all while benefitting from the consistent rental income generated by the current tenants.
2 months ago | Status changed to Active | |
2 months ago | Listing first seen online | |
2 months ago | Listing updated with changes from the MLS® |
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