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For Sale310 Days
$2,100,000

3530 W Lehigh Avenue
Denver, CO 80236

Commercial For Sale
9,720 Sq. Ft.
0.25 Acre Lot
HomeSmart

Description for 3530 W Lehigh Avenue, Denver, CO 80236

Attention savvy investors! Presenting a rare opportunity to acquire a meticulously remodeled multi-family building with nine units. This property boasts a prime location and impeccable features designed to maximize returns and tenant satisfaction.rnEach unit has been tastefully renovated, offering a mix of three 2-bedroom units and six 1-bedroom units. The remodel in 2020 ensured modern living standards with brand new kitchens featuring new cabinets, stainless steel appliances, and granite countertops. Updated bathrooms, new flooring, in-unit washer and dryer and wall-mounted A/C units enhance comfort and appeal. Plus, one unit features handicap ramp access, ensuring inclusivity and compliance with accessibility standards.rnInvestors will appreciate the added value of recent upgrades including new fire sprinklers with monitoring, new plumbing, new electrical system and new sewer line. The property is equipped with a bike rack and provides ample parking with nine dedicated spots, plus street parking for tenants.rnWith a remarkable 100% occupancy rate since September 2020, this investment promises steady cash flow. Tenants enjoy the convenience of nearby public transportation, with the Light rail just 5 minutes away and a bus stop a mere 1 minute stroll. Additionally, the River Point shopping center is only 5 minutes away, adding to the property’s desirability.rnWith a current rental license up to date and a desirable assumable loan at a competitive rate of 3.36% through March 2031, this property offers a turnkey solution for investors seeking a reliable income stream in the commercial housing market. Act now to seize this exceptional opportunity and elevate your investment portfolio! Schedule your viewing today.

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
REC4952571
$2,100,000
03/28/2024
9,720 Sqft
1972
$2,100,000
$2,100,000
REC041549
Single Family
27
Location Information
US
CO
Arapahoe
Denver
80236
Lehigh
3530
Avenue
W106° 57' 58.7''
N39° 38' 52.7''
W
Garage/Parking
Asphalt
Interior Features
110v
Smoke Detector(s),Fire Sprinkler System,Carbon Monoxide Detector(s),Fire Alarm,Firewall(s),Security Lights
Exterior Features
No
No
Lighting
Membrane
Vinyl Siding
Land Info
0.25 Acre
Corner Lot,Landscaped,Near Public Transit,Sprinklers In Rear,Sprinklers In Front
Nw
RC
031971101
Monthly
Multi-family
Paved
Utilities
Public Sewer
HOA Info
2
Monthly
9
No
Rental Info
Monthly
Tax Info
LOT 1 & N 1/2 OF LOT 2 BLK 4 SHERIDAN
$4,507
2022
Listing Information
HomeSmart
Christel Doremieux
REC1HOME
Recolorado
$2,100,000
12/26/2024 22:21:16
Sewer Connected,Natural Gas Connected,Electricity Connected
Public

Price History

Source: MLS
DateEventPriceSource
2024-03-28 02:00:25For Sale$2,100,000MLS
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Walk Score

Walk Score measures the walkability of any address, Transit Score measures access to public transit on a scale of 1-100.

Walk Score

4

Bike Score

7

Transit Score

3

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