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$ 1,199,000
Est. payment /mo
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2950 W 42 AVE Denver, CO 80211
3,028 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,028 sqft
Price per Sqft $395
MLS Listing ID 4964199
HOA Y/N No
Year Built 1949
Annual Tax Amount $6,713
Tax Year 2024
Lot Size 6,863 Sqft
Acres 0.16
Property Sub-Type Multi Family
Source recolorado
Property Description
Positioned in Denver's sought-after Sunnyside neighborhood, 2950 W 42nd Ave presents an exceptional opportunity to own a five-unit multifamily property in one of the city's most desirable urban markets. Located just minutes from Downtown Denver, LoHi, Highlands Square, and Berkeley, the property offers residents an ideal combination of neighborhood charm, walkability, and convenient access to major employment centers.
The property features five residential units on a generously sized lot in a well-established residential setting. All units have been updated with modern finishes including remodeled kitchens and bathrooms creating an attractive living experience for today's renters while offering future upside through continued improvements and rental growth.
Residents enjoy proximity to local favorites including coffee shops, breweries, restaurants, neighborhood parks, and grocery stores, along with easy access to I-25, I-70, and Union Station. Nearby amenities such as Rocky Mountain Lake Park, Chaffee Park, LoHi, and Highlands Square further enhance the property's appeal and support strong tenant demand.
Situated in a neighborhood known for continued appreciation, redevelopment, and limited multifamily inventory, this property represents a compelling investment in one of Denver's strongest rental markets.
The property features five residential units on a generously sized lot in a well-established residential setting. All units have been updated with modern finishes including remodeled kitchens and bathrooms creating an attractive living experience for today's renters while offering future upside through continued improvements and rental growth.
Residents enjoy proximity to local favorites including coffee shops, breweries, restaurants, neighborhood parks, and grocery stores, along with easy access to I-25, I-70, and Union Station. Nearby amenities such as Rocky Mountain Lake Park, Chaffee Park, LoHi, and Highlands Square further enhance the property's appeal and support strong tenant demand.
Situated in a neighborhood known for continued appreciation, redevelopment, and limited multifamily inventory, this property represents a compelling investment in one of Denver's strongest rental markets.
Location
State CO
County Denver
Zoning U-SU-C1
Interior
Fireplace N
Exterior
Parking Features Concrete
Garage Spaces 5.0
Roof Type Composition
Total Parking Spaces 5
Garage Yes
Building
Lot Description Corner Lot, Near Public Transit
Sewer Public Sewer
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Escalante Real Estate
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