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For Sale123 Days
$5,190,000

2846 Federal Boulevard
Denver, CO 80211

Commercial For Sale
10,152 Sq. Ft.
0.20 Acre Lot
Pinnacle Real Estate Advisors

Description for 2846 Federal Boulevard, Denver, CO 80211

The Elmira is a beautiful turn-key, fully renovated 1920’s era exterior and modernized interior, multifamily investment opportunity in the Highlands neighborhood of Central Denver. The building was completely gutted over the last 2yrs, and everything has been replaced with all new plumbing, electrical, kitchens, bathrooms, common areas, windows/doors, everything has been fully upgraded. The asset provides 25 extremely affordable studio apartment units with modern finishes just minutes to Downtown Denver and walking distance to public transportation, parks, shopping, restaurants, and entertainment. Featuring wide-plank flooring throughout, updated kitchens and bathrooms, window covering, energy efficient stainless appliances, new ductless mini splits heating and air conditioning, new shared laundry area, new pet station, new pet area, and all new common areas. This is a truly turnkey asset, future-proofed for Energize Denver. • Future-Proofed: Compliant with Energize Denver standards, ensuring long-term sustainability and efficiency.• Historic Charm: Maintains the beautiful 1920’s era exterior while offering modernized interiors. • Proximity to Amenities: Minutes from Downtown Denver, walking distance to public transportation, parks, shopping,rnrestaurants, and entertainment. • Fully Renovated: Complete gut renovation over the past 2 years; all-new plumbing, electrical, kitchens, bathrooms, common areas, windows, and doors. • Modern Interiors: Featuring wide-plank flooring, updated kitchens and bathrooms, window coverings, energy-efficient stainless steel appliances. • Climate Control: Equipped with new ductless mini-splits for heating and air conditioning. • Affordable Living: Offers 25 studio apartment units with modern finishes at an affordable price. • Amenities: New shared laundry area, pet station, and pet area. • Turn-Key Investment: Strategically designed for high occupancy and efficient expense operation, with all necessary upgrades completed.

Property Details

Listing Details
For Sale
Commercial
Multi-Family
For Sale
REC6466153
$5,190,000
08/14/2024
10,152 Sqft
1924
$5,190,000
$5,190,000
REC001038
Single Family
Tenant's Possessions
Location Information
US
CO
Denver
Denver
80211
Federal
2846
Boulevard
The Elmira
W106° 58' 30.7''
N39° 45' 29.9''
Exterior Features
No
No
Brick
Land Info
0.20 Acre
Nw
G-MU-5
2294-20-001
Monthly
Multi-family
Utilities
Public Sewer
HOA Info
2
Monthly
25
No
Rental Info
Monthly
Tax Info
W 140.67FT OF L 7 & 8 BLK 29 HAGERS ADD TO HIGHLAND
$26,412
2023
Listing Information
Pinnacle Real Estate Advisors
Robert Lawson
RECM0485
Recolorado
$5,190,000
09/24/2024 15:41:55
Public

Price History

Source: MLS
DateEventPriceSource
2024-08-14 20:18:06For Sale$5,190,000MLS
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Walk Score

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4

Bike Score

7

Transit Score

3

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