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$ 1,795,000
Est. payment | /mo
5,246 SqFt
$ 1,795,000
Est. payment | /mo
5,246 SqFt
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 5,246 sqft
Price per Sqft $342
MLS Listing ID 5325049
HOA Y/N No
Year Built 1928
Annual Tax Amount $10,903
Tax Year 2024
Lot Size 7,732 Sqft
Acres 0.18
Property Sub-Type Multi Family
Source recolorado
Property Description
3615 Federal is a 6 unit apartment building located in the attractive Highlands neighborhood. With a walk score of 88, tenants enjoy easy access to popular restaurants and bars nearby. These are all premium corner units with great natural light, large floorplans, in-unit laundry, central AC, and private patios/ balconies. All 6 units have recently renovated granite countertops, stainless appliances, kitchen islands, backsplashes, hardwood flooring, and bathrooms. Three units have private entry from the patio, and two units have vaulted ceilings. There are also dedicated garages and 150 SF storage rooms for each apartment. The property has a new roof (2024), new individual boilers (2021), newer electrical, and newer windows. Units are separately metered for gas & electric with tenants paying direct. There has been 0% historical vacancy in recent years, and there is immediate upside via rent, garages, storage, and utility income. For the right investor, this deal offers a unique opportunity to buy a trophy asset in a premier location. This is also a great option for an owner occupant or owner operator.
Location
State CO
County Denver
Zoning U-SU-C1
Interior
Fireplace N
Exterior
Garage Spaces 6.0
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
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 NorthPeak Commercial Advisors, LLC
3204 N Academy Blvd Suite 120, springs, CO, 80917, United States
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