2712 Federal Boulevard, Denver CO 80211
Property Description
Great 3 unit building in the Highlands, one of Denver's best neighborhoods. Walk to everything including Downtown, LoHi, Light Rail or Bus. Quick drive down Speer to I-25 or up Federal to I-70. Three 1 bed 1 bath units with excellent, open layouts. Recently vacated and ready for a new owner. Some major improvements that have recently been completed include a new roof, new electrical, double pane windows. It's ready for your cosmetic touches. It would be perfect for an owner occupant to live in one unit and pay the mortgage with the income from the others. It could also be an ideal property for an investor looking for cash flow, offering close to an 8% cap rate. Developers can take advantage of the G-MU-3 Zoning which allows for it to be redeveloped into 3 new units 3 stories tall. Call broker for details. Earn cash flow while planning your redevelopment. Multiple opportunities with this property.General Features
MLS: 8345381 | Status: Sold |
Sold Date: 06/21/2016 | Acreage: 0.14 acres |
Lot Size: 6,030ft² |
School Information
District: Denver 1 |