Overview

Excellent Development Opportunity with lots of options! Zoned to go up to 8 stories high. Potential to build between 30 – 50 units, if the building is scrapped or keep the existing building and build 10 additional units in the back to make a 16 unit. The seller can convey architect’s plans. Collect rental income from this 6 unit apartment building, while working on plans and permitting with the city! Great cash flow. PRIME DENVER LOCATION. Five 3 Bedroom units and one 2 bedroom unit with plenty of off-street parking. This remodeled building is located in the University Hills neighborhood of Denver just minutes away from the prestigious University of Denver, Cherry Creek Shopping Center and just walking distance to many shops and restaurants along Colorado Blvd. Investors and Developers here's your chance!

Location

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Neighborhood

University Hills

University Hills (16)

Property Details

  • Days on PL 55
  • Parking 10 Spaces
  • Lot Size 12,700 SF (0 Acres)
  • PSF
  • MLS ID 6922417
  • Type Land
  • Style
  • Architecture
  • Structure Type
  • Seller Individual
  • Above Grade sqft SF
  • Finished sqft FSF
  • Total sqft TSF
  • Hoa Fees None
  • Year Built
  • Faces
  • Amenities 1031 Exchange, Adjacent to Open Space, City View, Corner Lot, Income Potential

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School
  • Junior High School
  • High School
  • Zoned G-MU-8
  • Taxes $3,542
  • County Denver
  • Heat Delivery
  • Heat Fuel
  • Cooling
  • Water Community
  • Sewer
  • Fireplaces
  • Basement Type
  • Basement Finished % %
  • Year of Construction