2071 S Milwaukee ST

Denver,CO 80210

$ 1575000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID 1891657

Year Built 1955

Annual Tax Amount $8,544

Tax Year 2023

Lot Size 7,405 Sqft

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

Exterior

Exterior Feature Balcony

Roof Type Other

Building

Story 2

Sewer Public Sewer

Structure Type Brick

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

Special Listing Condition None

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