2846 Federal BLVD Active

Denver,CO 80211

$ 5190000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 6466153

Year Built 1924

Annual Tax Amount $26,412

Tax Year 2023

Lot Size 8,712 Sqft

Property Description

The Elmira is a beautiful turn-key, fully renovated 1920?s era exterior and modernized interior, multifamily investment opportunity in the Highlands neighborhood of Central Denver. The building was completely gutted over the last 2yrs, and everything has been replaced with all new plumbing, electrical, kitchens, bathrooms, common areas, windows/doors, everything has been fully upgraded. The asset provides 25 extremely affordable studio apartment units with modern finishes just minutes to Downtown Denver and walking distance to public transportation, parks, shopping, restaurants, and entertainment. Featuring wide-plank flooring throughout, updated kitchens and bathrooms, window covering, energy efficient stainless appliances, new ductless mini splits heating and air conditioning, new shared laundry area, new pet station, new pet area, and all new common areas. This is a truly turnkey asset, future-proofed for Energize Denver. ? Future-Proofed: Compliant with Energize Denver standards, ensuring long-term sustainability and efficiency.? Historic Charm: Maintains the beautiful 1920?s era exterior while offering modernized interiors. ? Proximity to Amenities: Minutes from Downtown Denver, walking distance to public transportation, parks, shopping,
restaurants, and entertainment. ? Fully Renovated: Complete gut renovation over the past 2 years; all-new plumbing, electrical, kitchens, bathrooms, common areas, windows, and doors. ? Modern Interiors: Featuring wide-plank flooring, updated kitchens and bathrooms, window coverings, energy-efficient stainless steel appliances. ? Climate Control: Equipped with new ductless mini-splits for heating and air conditioning. ? Affordable Living: Offers 25 studio apartment units with modern finishes at an affordable price. ? Amenities: New shared laundry area, pet station, and pet area. ? Turn-Key Investment: Strategically designed for high occupancy and efficient expense operation, with all necessary upgrades completed.

Location

State CO

County Denver

Zoning G-MU-5

Building

Sewer Public Sewer

Water Public

Structure Type Brick

Others

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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