540 E 1st AVE Denver, CO 80203

Priced reduced to sell. Don't let this one slip out of your hands. Contact the listing broker directly to set up a tour.

540 E 1st Ave is centrally located in one of Denver's most popular residential neighborhoods. The unit mix consists of one 2Br/2Ba unit and two 1Br/1Ba units. The main floor unit as well as the top floor unit are equipped with washers and dryers, which is a rare feature. Additionally, the property offers a considerable amount of off-street parking.
Given the properties' prime location, tenants are able to enjoy some of Denver's best local amenities. Tenants are just one block from Rosebuds Café and are minutes away from the Cherry Creek trail and Alamo Placita Park.
New owners have the ability to make minor improvements, such as updating the landscaping, which will make the property more appealing to future tenants. By making some minor improvements to the current condition of the units, new owners should be able to raise rents by a considerable amount. 540 E 1st has the opportunity to become the next best trophy asset in one of Denver's most popular neighborhoods!
Recommended improvements are as follows: Complete Unit Renovations, Landscaping/Curb Appeal, Exterior Paint Job