Denver, CO 80204,4851 W 11th AVE
Denver, CO 80204,4851 W 11th AVE
Denver, CO 80204,4851 W 11th AVE
$1,400,000
Est. payment /mo
$1,425,000
1.8%
Est.Price: ?

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0.27 Acres Lot
SOLD DATE : 10/01/2024

Key Details

Sold Price $1,400,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 6997256

Sold Date 10/01/24

Style A-Frame

HOA Y/N No

Originating Board recolorado

Year Built 1942

Annual Tax Amount $4,571

Tax Year 2022

Lot Size 0.270 Acres

Acres 0.27

Property Description

4851 W 11th Ave, Denver, CO is a 6-unit multi-family property offering a lucrative investment opportunity in the rapidly developing area of Villa Park. Two buildings of 3 units each provide four 2 BR’s and two 1 BR’s featuring renovations with more value-add opportunity to increase rent. Situated adjacent to Dry Gulch, the property provides residents with access to a scenic walking and biking path, as well as the convenience of the nearby light rail. The 10th & Sheridan light rail station is just a 5-minute walk away, connecting the area to downtown Denver and other key locations. Additionally, the property's proximity to Sloans Lake and its less than 10-minute drive to downtown further enhance its appeal. With the ongoing development in the area, including the FasTracks Sheridan light rail station and surrounding transit-oriented projects, this property is poised to benefit from increased demand and appreciation. Don't miss this opportunity to invest in a well-located multi-family property with significant potential for growth and value.

Location

State CO

County Denver

Zoning U-RH-3A

Interior

Fireplace N

Exterior

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected

Roof Type Composition

Total Parking Spaces 6

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick,Wood Siding

Others

Acceptable Financing Cash, Conventional, Owner Will Carry

Listing Terms Cash, Conventional, Owner Will Carry

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by West Peak Properties • jay@westpeakproperties.com,720-495-2412
Bought with Toprock Real Estate LLC

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