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$5,190,000
Est. payment /mo
8,712 Sqft Lot
UPDATED:
09/24/2024 03:41 PM
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 6466153
HOA Y/N No
Originating Board recolorado
Year Built 1924
Annual Tax Amount $26,412
Tax Year 2023
Lot Size 8,712 Sqft
Acres 0.2
Property Description
The Elmira is a beautiful turn-key, fully renovated 1920’s era exterior and modernized interior, multifamily investment opportunity in the Highlands neighborhood of Central Denver. The building was completely gutted over the last 2yrs, and everything has been replaced with all new plumbing, electrical, kitchens, bathrooms, common areas, windows/doors, everything has been fully upgraded. The asset provides 25 extremely affordable studio apartment units with modern finishes just minutes to Downtown Denver and walking distance to public transportation, parks, shopping, restaurants, and entertainment. Featuring wide-plank flooring throughout, updated kitchens and bathrooms, window covering, energy efficient stainless appliances, new ductless mini splits heating and air conditioning, new shared laundry area, new pet station, new pet area, and all new common areas. This is a truly turnkey asset, future-proofed for Energize Denver. • Future-Proofed: Compliant with Energize Denver standards, ensuring long-term sustainability and efficiency.• Historic Charm: Maintains the beautiful 1920’s era exterior while offering modernized interiors. • Proximity to Amenities: Minutes from Downtown Denver, walking distance to public transportation, parks, shopping,
restaurants, and entertainment. • Fully Renovated: Complete gut renovation over the past 2 years; all-new plumbing, electrical, kitchens, bathrooms, common areas, windows, and doors. • Modern Interiors: Featuring wide-plank flooring, updated kitchens and bathrooms, window coverings, energy-efficient stainless steel appliances. • Climate Control: Equipped with new ductless mini-splits for heating and air conditioning. • Affordable Living: Offers 25 studio apartment units with modern finishes at an affordable price. • Amenities: New shared laundry area, pet station, and pet area. • Turn-Key Investment: Strategically designed for high occupancy and efficient expense operation, with all necessary upgrades completed.
restaurants, and entertainment. • Fully Renovated: Complete gut renovation over the past 2 years; all-new plumbing, electrical, kitchens, bathrooms, common areas, windows, and doors. • Modern Interiors: Featuring wide-plank flooring, updated kitchens and bathrooms, window coverings, energy-efficient stainless steel appliances. • Climate Control: Equipped with new ductless mini-splits for heating and air conditioning. • Affordable Living: Offers 25 studio apartment units with modern finishes at an affordable price. • Amenities: New shared laundry area, pet station, and pet area. • Turn-Key Investment: Strategically designed for high occupancy and efficient expense operation, with all necessary upgrades completed.
Location
State CO
County Denver
Zoning G-MU-5
Interior
Fireplace N
Exterior
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors • rlawson@pinnaclerea.com,303-962-9555
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