3530 West Lehigh Avenue
3530 West Lehigh Avenue
$2,100,000
—
9,720
9,720
$216
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.
- Listed by Christel Doremieux • HomeSmart • 720-226-4193
Property Details for 3530 West Lehigh Avenue
Structure Type
Low Rise (1-3)
Stories2
Location
LISTING UPDATED: 03/28/2024 04:31 PM
Property Details for 3530 West Lehigh Avenue
Status | Active |
---|---|
MLS # | 4952571 |
Days on Compass | 32 |
Taxes | $4,507 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Commercial Sale |
MLS Type | Multi-Family |
Year Built | 1972 |
Lot Size | 0.25 AC / 10,800 SF |
County | Arapahoe County |
Location
Building Information for 3530 West Lehigh Avenue
Stories-Residences9Year Built1972Lot Size0.25 AC / 10,800 SF
Payment Calculator
$11,836 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 3530 West Lehigh Avenue
Property History for 3530 West Lehigh Avenue
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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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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