Overview

Charming 12 unit property on Morrison Road in the hot Westwood Neighborhood. With a great mix of studios, 1 bedrooms and 2 bedrooms, these units don't stay vacant long and regularly have a waiting list. 29 parking spaces offer untapped income potential and a parking convenience that tenants love. Recent Capital Improvements include new parking lot sealing and striping (2016), roof replacements (2013), rebuilt fencing around the property (2016), new breaker boxes to half of the units (2016), new individual heaters and A/C's for most units (2017), new floor tile, new carpeting and new paint in most units (2017). Set on a 21,000ft lot fronting Morrison Road, this location offers great potential for future development. With neighborhood plans approved to revamp the Morrison Corridor leading to Downtown Denver, the next owner will benefit from the influx of new development that is already underway all around the property. Great investment opportunity with lots of upside.

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Neighborhood

Westwood

Westwood (19)

Property Details

  • Days on PL 36
  • Parking 29 Spaces
  • Lot Size 21,088 SF (0 Acres)
  • PSF $432
  • MLS ID 5138798
  • Type Income
  • Style Low Rise (1-3)
  • Architecture
  • Structure Type Ranch/1 Story
  • Seller Corporation/Trust
  • Above Grade sqft 3,700 SF
  • Finished sqft 3,700 FSF
  • Total sqft 3,700 TSF
  • Hoa Fees None
  • Year Built 1952
  • Faces
  • Amenities Air Conditioning-Individual, Cable Available, Carpet, Double Pane Windows, Dryer, Eating Space / Kitchen, Fence, Gas Grill, Income Potential, Laminate, Near Public Transit, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven, Tenant Occupied, Tile Floor, Updated, Utility Shed, Washer

Additional Details

  • City Denver
  • School Districts Denver 1
  • Elementary School Castro
  • Junior High School Kepner
  • High School Abraham Lincoln
  • Zoned E-MX-3
  • Taxes $4,895
  • County Denver
  • Heat Delivery Wall Heater
  • Heat Fuel Gas
  • Cooling Air Conditioning-Individual
  • Water
  • Sewer
  • Fireplaces
  • Basement Type
  • Basement Finished % %
  • Year of Construction 1952