MLS® ID: 7160219

2071 South Milwaukee Street

Denver, Colorado, 80210

$1,320,000 Active
  • 4160 SQFT
Rare opportunity to acquire a multifamily investment in the prestigious Observatory Park neighborhood. The property has undergone extensive capital improvements over the last year and is in excellent condition. Six of the units feature upgraded kitchens and all the windows were recently replaced. The exterior stairs are brand new along with a new mail box. Additional exterior improvements include new siding and paint, new exterior lighting and upgraded landscaping. These extensive upgrades enable the buyer to capture future rent growth without needing to invest significant capital. The property is surrounded by high-end single family residences with limited multifamily inventory. Average household income within a one-mile radius is over $100,000. The property is ideally book-ended by the University of Denver to the west and the Colorado Boulevard retail corridor, and light rail, to the east.
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Listing courtesy of APARTMENT REALTY ADVISORS

Amenities

  • Zip
    80210
  • Office name
    APARTMENT REALTY ADVISORS
  • SQFT
    4160
  • Bedrooms
    0
  • Property type
    Income
  • Zoning type
    U-RH-2.5
  • Community name
    Observatory Park
  • School district
    Denver 1
  • Elementary school
    University Park
  • Junior high
    Merrill
  • High school
    South
  • Year built
    1955
  • Lot size
    0.17
  • Heating
    Baseboard
  • Tax year
    2018
  • Agent name
    Spencer Bradley
  • Tax amount
    $ 6079.0
  • Price Range
    $1.25m-$1.5m
  • Square Feet Range
    4000-5000 sq ft.
  • Acreage Range
    < 0.25
  • Year Built Range
    1989 (and earlier)
  • Office ID
    01207
  • Agent ID
    4319

Location

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