2900 W 32nd Ave, Denver, CO 80211

$1,389,375
7
BD
4
BA
3,958
SqFt

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List Price
$1,389,375
Type
Multifamily
Property Sub Type
Triplex
Status
ACTIVE
MLS Number
7001165
Bedrooms
7
Bathrooms
4
Sqft Total
3,958
Year Built
1912

Property Description

Exceptional income property opportunity in the heart of LoHi! Featuring three apartments and a separate storage unit, this distinctive property offers multiple potential rental income streams. Explore its rental potential and future development possibilities. Development Opportunity – Land Approved for 5-Story, 33-Unit Project The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process. Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9–12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.

Additional Information

Lot Size Acres
0.23
Lot Size Sq Ft
10,018
Tax Amount
$8,175
Sewer
Public Sewer
Basement Type
Finished
Heating
Forced Air
Cooling
Evaporative Cooling
School District
Denver 1
Elementary School
Edison
Middle Or Junior School
Strive Sunnyside
High School
North

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Courtesy of Avenue Realty & Mortgage . ckresge@ave-realty-mtg.com