3530 West Lehigh Avenue

Denver, CO 80236

$2,100,000
Price
Beds
9,720 Sq. Ft.
$216 / Sq. Ft.
9,720
Sq. Ft.
$216
per Sq. Ft.

Description

Attention savvy investors! Presenting a rare opportunity to acquire a meticulously remodeled multi-family building with nine units. This property boasts a prime location and impeccable features designed to maximize returns and tenant satisfaction. 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....Attention savvy investors! Presenting a rare opportunity to acquire a meticulously remodeled multi-family building with nine units. This property boasts a prime location and impeccable features designed to maximize returns and tenant satisfaction. 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 2026, 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.
  1. Listed by Christel Doremieux • HomeSmart • 720-226-4193

Property Details for 3530 West Lehigh Avenue

Structure Type
Low Rise (1-3)
Stories
2

Location

Listing Courtesy of HomeSmart, Christel Doremieux
Add your commute
LISTING UPDATED: 03/28/2024 04:31 PM

Property Details for 3530 West Lehigh Avenue

StatusActive
MLS #4952571
Days on Compass32
Taxes$4,507 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeCommercial Sale
MLS TypeMulti-Family
Year Built1972
Lot Size0.25 AC / 10,800 SF
CountyArapahoe County

Location

Listing Courtesy of HomeSmart, Christel Doremieux
Add your commute

Building Information for 3530 West Lehigh Avenue

Stories-Residences9Year Built1972Lot Size0.25 AC / 10,800 SF

Payment Calculator

$11,836 per month

30 year fixed, 7.25% Interest

Principal and Interest

$11,461

Property Taxes

$376

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 3530 West Lehigh Avenue

Interior Area & SqFt
Interior Area & SqFt
  • Building Area Total (SqFt Total): 9720
  • Sqft Total: 9720
  • PSF Total: 216
  • Master on Main: No
  • Security Features: Carbon Monoxide Detector(s), Close Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Firewall(s), Security Lights, Smoke Detector(s)
Unit Information
Unit 1
  • Unit Type: 1 Bedroom
  • Units Total: 6
  • Description: New kitchen cabinets; granite counter tops, stainless steel appliances,; new bathroom; new flooring; wall A/C unit; washer and dryer
Unit 2
  • Unit Type: 2 Bedroom
  • Units Total: 3
  • Numberof Parking Per Unit: 1
  • Description: New kitchen cabinets; granite counter tops, stainless steel appliances,; new bathroom; new flooring;Washer; dryer wall A/C unit
Unit Information
  • Number Of Units Total: 9
  • Number Of Units Vacant: 0
  • Units Furnished Total: 0
Parking
Parking
  • Parking Features: Asphalt
  • Attached Garage: No
  • Parking Type: Parking Lot, Off-Street
  • Parking Description: Parking Lot-9, Off-Street-18
  • Parking Details: 9, 18
  • Parking Total: 2
  • Garage Spaces: 0
  • Offstreet Spaces: 27
  • Parking Count: 27
  • Carport Spaces: 0
  • Reserved Spaces: 0
  • RV Spaces: 0
Association Information
Association Information
  • Association Fee Total Annual: $0
Site & Location Information
Site & Location Information
  • Lot Size Acres: 0
  • Lot Size Square Feet: 10800
  • Lot Features: Corner Lot, Landscaped, Near Public Transit, Sprinklers In Front, Sprinklers In Rear
  • Zoning: RC
  • Distance To Bus: 1
  • Distance To Bus Units: Minutes
  • Distance To Light Rail: 5
  • Distance To Light Rail Units: Minutes
Building Information
Green Features
  • Green Verification Count: 0
Building Information
  • Building Features: Bike Storage
  • Year Built Effective: 2020
  • Construction Materials: Vinyl Siding
  • Roof: Membrane
  • Ceiling Height: 8 feet
  • Exterior Features: Lighting
  • Per Unit Features: Assigned Parking, Assigned Visitor Parking
  • Unit Count: 2
Water & Utilities
Water & Utilities
  • Water Included: Yes
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Sewer: Public Sewer
  • Electric: 110V

Property History for 3530 West Lehigh Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 3530 West Lehigh Avenue

Taxable ValueLand-Additions-Total-
Tax Record2021$4,652 ($388 / month)
Home Facts
Total Finished SqFt7,290 SqFtAbove Grade Finished SqFt7,290 SqFtStories3Lot Size10,800 SqFtStyleMulti-Family Res (5+ Units)Year Built1972CountyARAPAHOEAPN2077-05-2-21-014

Schools near 3530 West Lehigh Avenue

This home is within Sheridan 2 School District.
Rating
School
Type
Grades
Distance
Public - K to 2
Public - 3 to 8
Public - 9 to 12
Public - 6 to 12
Rating
School
Distance
Sheridan Elementary School
PublicK to 2

Fort Logan Northgate
Public3 to 8

Sheridan High School
Public9 to 12

Soar Academy
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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3530 West Lehigh Avenue is for sale in Denver, CO 80236. This property was listed for sale on March 27, 2024 by HomeSmart, it's currently listed at $2,100,000. It has been on the market for a total of 32 days and was last sold on February 28, 2018. This listing's school district is Sheridan 2 School District. Nearby schools include Sheridan Elementary School, Fort Logan Northgate and Sheridan High School. 3530 West Lehigh Avenue is a 0-bed, 0-bath, 9,720 sqft built in 1972.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart, Christel Doremieux

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