2210 S Dexter Street
Denver, CO 80222

$1,780,000

Description

Turn-key, cash flowing 6 Unit apartment building on a huge lot! Strong leases deliver high gross income! PRIME DENVER LOCATION. Four 4 Bedroom units and two 3 bedroom unit with plenty of off-street parking! Plus an optional development opportunity with architect plans to build 10 more units to create a 16 unit building! Property is zoned to allow up to 8 stories, so there is potential to build anywhere from 30 - 50 units. This remodeled building is located in the University Hills neighborhood of Denver just minutes away from the prestigious University of Denver, Cherry Creek Shopping Center and just walking distance to many shops and restaurants along Colorado Blvd. SOLID and sustainable rents are in place. Keep the building as-is for a healthy cash flow or expand to build more units! Architecture plans and renderings have been prepared for the buyer to substantially increase value and income. Investors and Developers here's your chance!

Details

MLS#2859436
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1973
Days On Site125

Features

SQ Feet6,168
Story(s)1
Units6
ZoningG-MU-8

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80222
AreaDenver
Listing VS Median (in 80222)
Price:
$1,780,000
low | high
Med:
$500,000
100% of Average
SqFt:
6,168
low | high
Med:
2,095
100% of Average
$ / SqFt:
$289
low | high
Med:
$246
64.724789965161% of Average
On Site:
125
low | high
Med:
99.5
100% of Average
Listing Updated: 07/16/2019
MLS Number: 2859436
Listing Provided By:
Michelle Thomas  of  Keller Williams Realty Downtown LLC
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