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2071 S Milwaukee ST Denver, CO 80210
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Key Details
Sold Price $1,490,000
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1891657
Sold Date 12/20/24
HOA Y/N No
Originating Board recolorado
Year Built 1955
Annual Tax Amount $8,544
Tax Year 2023
Lot Size 7,405 Sqft
Acres 0.17
Property Description
Located in the sought-after University Park neighborhood, 2071 S Milwaukee Street presents a meticulously maintained 1955 apartment building. Nestled across from Observatory Park and just five blocks east of University Blvd, it offers essential multi-family housing in a serene residential area.
Out of its eight units, seven have recently undergone renovations, featuring modernized kitchens, updated bathrooms, luxury flooring, and contemporary light fixtures. On-site amenities include laundry facilities and storage, complemented by eight off-street parking spaces.
The property's mid-century charm coupled with its refreshed interiors appeals to tenants seeking a blend of character and modern convenience. The investment boasts strong current performance metrics with upside in pushing rents to market rates.
* Well-performing property in a charming location
* Located on a quiet, residential street providing needed multifamily housing in the neighborhood
* Well-maintained mechanical systems
* Classic 1950s architecture combined with an updated and modern feel
* Centrally located – minutes to I-25, Cherry Creek, DU, and Downtown Denver
Location
State CO
County Denver
Zoning U-RH-2.5
Interior
Fireplace N
Exterior
Exterior Feature Balcony
Roof Type Other
Total Parking Spaces 8
Garage No
Building
Sewer Public Sewer
Structure Type Brick
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with NorthPeak Commercial Advisors, LLC
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