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2071 S Milwaukee Street, Denver CO 80210

$1,320,000 8 Bathrooms

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Property Description

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.

General Features

MLS: 7160219Status: Sold
Sold Date: 03/03/2020Baths: 8
Total SqFt: 4,160ft²Finished SqFt: 3,200ft²
Above Ground SqFt: 4,160ft²Acreage: 0.17 acres
Lot Size: 7,500ft²

School Information

District: Denver 1
Elementary: University Park
Middle: Merrill
High: South

Walking Score

Property Database Last Updated: May 20th 2024 02:55 AM

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