Courtesy of Resident Realty Colorado, Lourdes Garcia, Listing Contact:  

1985 S Depew Street

Denver, CO, 80227

$2,200,000

$231 per ft²
$2,200,000
$231 per ft²
Active
Active
 - For Sale
carpenters-square
9,490 ft²
property_type
Commercial
calendar
Built 1968
Fantastic rental opportunity in Denver Metro! This 10 unit, offers a mix of 1, 2, and 3 bedroom units. The property has benefited from high occupancy and low turnover that has provided consistent cash flow with long-term tenants (currently month to month awaiting new ownership). Ideal location! This property is conveniently located near Jewell and Sheridan with close proximity to many retail amenities, public transportation, and easy access to Harvey Park Lake. There have been recent capital improvements including electrical, boiler system, sewer line, and gutters. Some of the units have been updated allowing for new ownership to make additional improvements to the remaining units while increasing rents. Property is being sold "AS IS"
MLS® ID:
3222757
Listed:
6/16/22
Updated:
12/4/22
Sotheby's International Realty
Anne Dresser Kocur

Exterior/Building Features

Lot Size
9,147 ft² lot
Roof
Architectural, Shingle
Sewer
Public Sewer

Other Property Details

Taxes
$18283
Tax Frequency
per YEAR
Garage
No
Parking
Asphalt
Parking Total
15.0
View
N
County
Denver
Utilities
Cable Available, Electricity Available
Water Source
Public
Pool
No
Zoning
S-MU-3

Property History

Date
Event
Price
Value
10/17/22
Active
-
-
10/17/22
Price Change
$2,200,000
-7%
9/12/22
Active Under Contract
-
-
 

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Data last updated 7:16 PM UTC, 12/4/22

 

Sotheby's International Realty
Anne Dresser Kocur
Contact