4801 E 8th Avenue

Denver, CO 80220

About this property

Prime development property blocks from Rose Medical Center. Rare opportunity to own eight one- story units. Please do not disturb tenants, no showings until Seller has an executed contract. Property is sold in AS IS condition. Garage units leased to individuals who are not tenants, three are used by Seller for equipment, maintenance. Property has not had a vacancy in 3 years. Rents are below market to long term tenants. Approximately $65,000 current income currently including rent from garages and apartments. Gas and electric approx. $2977 per year; Water $3111 per year. Zoning E-MU-2.5 which allows duplex, tandem house, row house, garden court, town house and apartment building forms up to two and a half stories depending on building form. Redevelopment in process at 9th & Colorado. Seee 9thandColorado.co

Date Added
September 23, 2019
Listing Status
Pending
Days On Site
123
MLS#
3919053

Features and Additional Information

Lot Size
0 SqFt
Acreage
0.00
Property Type
MultiFamily
Style
Sub-Type
Resale
Year
1946
Garage
0
Pool
No
Story(s)
Property View
No
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$1,995,000 Pending
0 Beds
0 Baths
4,455 SQFT

Presented By Coldwell Banker Distinctive Properties, Vail

Get in touch today! Phone: (970) 476-2113
Brokerage
Vail
(970) 476-2113
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Area Information

| Denver County |

$ 1,995,000
This listing is play_arrow 238.1% higher than the average in the area
$ 590,000 in the area
4,455 SqFt
This listing is play_arrow 152.4% larger than the average in the area
1,765 SqFt in the area
$ 448 $/SqFt
This listing is play_arrow 34.0% more than the average in the area
$ 334 $/SqFt in the area
123 days on site
This listing is play_arrow 72.5% below the average in the area
448 days on site in the area

Schools in the Area

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