3530 W Lehigh AVE Denver, CO 80236
9,720 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 9,720 sqft
Price per Sqft $216
MLS Listing ID 4952571
HOA Y/N No
Year Built 1972
Annual Tax Amount $4,507
Tax Year 2022
Lot Size 10,800 Sqft
Acres 0.25
Property Sub-Type Multi Family
Source recolorado
Property Description
Each unit has been tastefully renovated, offering a mix of three 2-bedroom units and six 1-bedroom units. The remodel in 2020 ensured modern living standards with brand new kitchens featuring new cabinets, stainless steel appliances, and granite countertops. Updated bathrooms, new flooring, in-unit washer and dryer and wall-mounted A/C units enhance comfort and appeal. Plus, one unit features handicap ramp access, ensuring inclusivity and compliance with accessibility standards.
Investors will appreciate the added value of recent upgrades including new fire sprinklers with monitoring, new plumbing, new electrical system and new sewer line. The property is equipped with a bike rack and provides ample parking with nine dedicated spots, plus street parking for tenants.
With a remarkable 100% occupancy rate since September 2020, this investment promises steady cash flow. Tenants enjoy the convenience of nearby public transportation, with the Light rail just 5 minutes away and a bus stop a mere 1 minute stroll. Additionally, the River Point shopping center is only 5 minutes away, adding to the property's desirability.
With a current rental license up to date and a desirable assumable loan at a competitive rate of 3.36% through March 2031, this property offers a turnkey solution for investors seeking a reliable income stream in the commercial housing market. Act now to seize this exceptional opportunity and elevate your investment portfolio! Schedule your viewing today.
Location
State CO
County Arapahoe
Zoning RC
Interior
Fireplace N
Exterior
Exterior Feature Lighting
Parking Features Asphalt
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected
Roof Type Membrane
Total Parking Spaces 27
Garage No
Building
Lot Description Corner Lot, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Structure Type Vinyl Siding
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://orchestratedlight.hd.pics/3530-W-Lehigh-Ave
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
NEARBY SCHOOLS & PROPERTIES
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Wilder Elementary School
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Blue Heron Elementary School
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Homestead
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Clayton Elementary School
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Sabin World School
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Littleton Preparatory Charter School
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Traylor Academy
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Gust Elementary School
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East Elementary School
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Lasley Elementary School
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Denison Montessori School
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Force Elementary School
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Doull Elementary School
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Kunsmiller Creative Arts Academy
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Centennial Academy of Fine Arts Education
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Johnson Elementary School
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Fort Logan Northgate
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Schmitt Elementary School
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Bishop Elementary School
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Goddard Middle School
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Grant Ranch Ece-8 School
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Henry World School
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Strive Prep - Federal
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DSST: Henry Middle School
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Soar Academy
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Summit Academy
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DSST: College View Middle School
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Humanex Academy
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Abraham Lincoln High School
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Mullen High School
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Respect Academy at Lincoln
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Colorado's Finest Alternative High School
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