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7721 E 14th AVE Denver, CO 80220
15,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 15,200 sqft
Price per Sqft $83
MLS Listing ID 3915293
HOA Y/N No
Year Built 1948
Annual Tax Amount $6,232
Tax Year 2024
Lot Size 0.349 Acres
Acres 0.35
Property Sub-Type Multi Family
Source recolorado
Property Description
7721 E 14th St is a 6 unit apartment building located just on the edge of the popular Montclair Neighborhood. With a walk score of 76, tenants enjoy easy access to shopping, dining, and transportation just steps away. All 6 units are renovated 1bed/1bath in a side by side layout which is always preferred by both tenants and investors alike. Investors have multiple options with this property which is situated in an opportunity zone on a hard corner 15,200 SF lot including cash flowing as-is, converting them to condos, or potentially selling to a developer in the future due to the large lot. Additionally, there are 6 garage spaces which are income producing and valuable in this high density neighborhood. The property has received extensive renovations over the last 5 years including: a new roof, new windows, new paint & landscaping, new sewer lines, refurbished boiler, and adding laundry to some of the units. All the tenants are billed back for utilities in addition to the rent and they pay for electricity directly in their names due to having separate electric meters.
Location
State CO
County Denver
Zoning E-TU-B
Interior
Fireplace N
Exterior
Garage Spaces 6.0
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
Water Public
Structure Type Brick
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