2071 S Milwaukee St, Denver

$1,320,000

0 Beds
8 Baths
4,160 Sqft
.17 Acres
0 Garages

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.

Status: Active

Metrolist Services Inc (Colorado) Logo APARTMENT REALTY ADVISORS.

Essential Information
MLS® #7160219
Price$1,320,000
Bathrooms8.00
Square Footage4,160
Acres0.17
Year Built1955
TypeIncome
Sub-TypeIncome
StatusActive
Community Information
Address2071 S Milwaukee St
SubdivisionObservatory Park
CityDenver
CountyDenver
StateCO
Zip Code80210
Amenities
Parking Spaces8
ParkingOff-Street
Interior
HeatingBaseboard
CoolingNone
Exterior
Lot Description7500.00
RoofComposition Shingles
ConstructionFrame
School Information
DistrictDenver 1
ElementaryUniversity Park
MiddleMerrill
HighSouth
Additional Information
ZoningU-RH-2.5
Listing Details
Metrolist Services Inc (Colorado) LogoAPARTMENT REALTY ADVISORS
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Listing information last updated on August 20th, 2019 at 6:19am MDT.

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