$2,100,000
Active
51 Days Online
0 Beds0 Baths9,720 SQFT
Active

3530 W Lehigh Avenue Denver, CO 80236

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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. Each 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. Investors 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. With 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. With a current rental license up to date and a desirable assumable loan at a competitive rate of 3.36% through March 2026, 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 TypeMulti-Family
  • NeighborhoodN/A
  • CountyArapahoe
  • Taxes$4,507
  • HOA/Condo/Coop Fees$0
  • Days on Site51 Days
  • MLS StatusActive
  • MLS ID Number4952571
  • Home Size Source N/A
  • Year Built1972
  • Lot Size0.25 Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction Vinyl Siding
  • Building Features Bike Storage
  • Parking Asphalt
  • Parking Spaces 27
  • Sewer Public Sewer
  • Number of Stories 2
  • Acreage 0.25
  • Water Public
  • Security Carbon Monoxide Detector(s)Close Circuit Camera(s)Fire AlarmFire Sprinkler SystemFirewall(s)Security LightsSmoke Detector(s)
  • Property Sub Type Multi Family
  • Garage Spaces 0
  • Attached Garage No
  • Utilities Electricity ConnectedNatural Gas ConnectedSewer Connected
  • Zoning RC

Interior Features

  • Fireplace No

Exterior Features

  • Roof Membrane
  • Spa No
  • Waterfront Property No
  • Exterior Lighting
  • Lot Corner LotLandscapedNear Public TransitSprinklers In FrontSprinklers In Rear

Community Features

  • Security Features Carbon Monoxide Detector(s)Close Circuit Camera(s)Fire AlarmFire Sprinkler SystemFirewall(s)Security LightsSmoke Detector(s)
  • Building Features Bike Storage

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Monthly Payment (Est.)

$11,200
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