3530 W Lehigh Avenue Denver, CO $ 2,100,000
3530 W Lehigh Avenue
$ 2,100,000
Share Save

3530 W Lehigh Avenue

Denver, CO, 80236
$ 2,100,000
Baths0.0 Sq 9,720

Monthly Estimate*

$ 13,957

Listed by HomeSmart
3530 W Lehigh Avenue, Denver, CO 80236 - Image 1
3530 W Lehigh Avenue, Denver, CO 80236 - Image 2
3530 W Lehigh Avenue, Denver, CO 80236 - Image 3
3530 W Lehigh Avenue, Denver, CO 80236 - Image 4
3530 W Lehigh Avenue, Denver, CO 80236 - Image 5
3530 W Lehigh Avenue, Denver, CO 80236 - Image 6
3530 W Lehigh Avenue, Denver, CO 80236 - Image 7
3530 W Lehigh Avenue, Denver, CO 80236 - Image 8
3530 W Lehigh Avenue, Denver, CO 80236 - Image 9
3530 W Lehigh Avenue, Denver, CO 80236 - Image 10
3530 W Lehigh Avenue, Denver, CO 80236 - Image 11
3530 W Lehigh Avenue, Denver, CO 80236 - Image 12
3530 W Lehigh Avenue, Denver, CO 80236 - Image 13
3530 W Lehigh Avenue, Denver, CO 80236 - Image 14
3530 W Lehigh Avenue, Denver, CO 80236 - Image 15
3530 W Lehigh Avenue, Denver, CO 80236 - Image 16
3530 W Lehigh Avenue, Denver, CO 80236 - Image 17
3530 W Lehigh Avenue, Denver, CO 80236 - Image 18
3530 W Lehigh Avenue, Denver, CO 80236 - Image 19
3530 W Lehigh Avenue, Denver, CO 80236 - Image 20
3530 W Lehigh Avenue, Denver, CO 80236 - Image 21
3530 W Lehigh Avenue, Denver, CO 80236 - Image 22
3530 W Lehigh Avenue, Denver, CO 80236 - Image 23
3530 W Lehigh Avenue, Denver, CO 80236 - Image 24
3530 W Lehigh Avenue, Denver, CO 80236 - Image 25
3530 W Lehigh Avenue, Denver, CO 80236 - Image 26
3530 W Lehigh Avenue, Denver, CO 80236 - Image 27
3530 W Lehigh Avenue, Denver, CO 80236 - Image 28
3530 W Lehigh Avenue, Denver, CO 80236 - Image 29
3530 W Lehigh Avenue, Denver, CO 80236 - Image 30
3530 W Lehigh Avenue, Denver, CO 80236 - Image 31
3530 W Lehigh Avenue, Denver, CO 80236 - Image 32
3530 W Lehigh Avenue, Denver, CO 80236 - Image 33
3530 W Lehigh Avenue, Denver, CO 80236 - Image 34
3530 W Lehigh Avenue, Denver, CO 80236 - Image 35
3530 W Lehigh Avenue, Denver, CO 80236 - Image 36
3530 W Lehigh Avenue, Denver, CO 80236 - Image 37
3530 W Lehigh Avenue, Denver, CO 80236 - Image 38
3530 W Lehigh Avenue, Denver, CO 80236 - Image 39
3530 W Lehigh Avenue, Denver, CO 80236 - Image 40
3530 W Lehigh Avenue, Denver, CO 80236 - Image 41
3530 W Lehigh Avenue, Denver, CO 80236 - Image 42
3530 W Lehigh Avenue, Denver, CO 80236 - Image 43
3530 W Lehigh Avenue, Denver, CO 80236 - Image 44
3530 W Lehigh Avenue, Denver, CO 80236 - Image 45
3530 W Lehigh Avenue, Denver, CO 80236 - Image 46
3530 W Lehigh Avenue, Denver, CO 80236 - Image 47
3530 W Lehigh Avenue, Denver, CO 80236 - Image 48
3530 W Lehigh Avenue, Denver, CO 80236 - Image 49
3530 W Lehigh Avenue, Denver, CO 80236 - Image 50
View a Virtual Tour
Studio Commercial Property for sale in Denver, CO for $2,100,000. This 9,720 square foot building was built in 1972 on a lot size of 0.25.

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 2031, 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.

See more

Commercial Active

Price

$ 2,100,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,507

Style

Low Rise (1-3)

Lot Size

0.25

Year Built

1972

Town/City

Denver

County/Region

ARAPAHOE

MLS | Web ID

4952571

Features
General
Sewer Public Sewer
Utilities Electricity Connected Natural Gas Connected Sewer Connected
Possession Closing/DOD
Roof Membrane
Exterior Features Lighting
Zoning RC
Garage Spaces 0
Security Features Carbon Monoxide Detector(s) Close Circuit Camera(s) Fire Alarm Fire Sprinkler System Firewall(s) Security Lights Smoke Detector(s)
Construction Materials Vinyl Siding
Year Built 1972
Electric 110V
Tenant Pays Cable TV Electricity Internet Telephone
Stories 2
Property SubType Multi-Family
Tax Year 2022
Current Use Multi-Family
Gross Income 152232
County Arapahoe
Operating Expense 36917
Property Type Commercial Sale
Attached Garage N
Building Features Bike Storage
Status Active
City Denver
Buyer Agent Compensation 2
NumberOfUnitsTotal 9
Lot Size Units Square Feet
Lot Size Square Feet 10800
Carport Spaces 0
Street Name Lehigh
Listing Terms Cash Conventional
Tax Annual Amount 4507
Lease Considered Y/N N
Virtual Tour https://orchestratedlight.hd.pics/3530-W-Lehigh-Ave
Structure Type Low Rise (1-3)
Standard Status Active
Occupancy Type Tenant (Multiple)
Cap Rate 6
Buyer Agent Compensation Type %
See more
Exterior
Parking Features Asphalt
Lot Features Corner Lot Landscaped Near Public Transit Sprinklers In Front Sprinklers In Rear
Water Source Public
Total Parking 27
Lot Size Area 10800
Building Area Total 9720
Lot Size Acres 0.25
Road Surface Type Paved
Road Frontage Type Public
Road Responsibility Public Maintained Road
See more
Interior
Street Suffix Avenue
See more
Internal Only
Street Number 1 3530
See more
* Excluded Features
List By
Homesmart

Broker

(720) 226-4193

Phone

Affordability Calculator

$14,333
Per Month
97%
3%
0%
Monthly Principal & Interest
$13,957
Monthly Property Taxes
$376
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
242254 Elementary School
242425 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/28/2024$2,100,000 Listed Price

Map


See all

3530 W Lehigh Avenue, Denver, CO, 80236 is a Commercial Property for sale at $2,100,000 with 9,720 sqft and a lot size of 0.25. 3530 W Lehigh Avenue is a studio with 0.0 baths and was built in 1972. The property's zip code is 80236 which is in Denver, CO