Active

2846 Federal Boulevard

Denver CO, 80211

$5,190,000


$511.23 per sqft

Active

10,152 sqft

Commercial

Built in 1924

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.

6466153

MLS ID

August 14, 2024

Listed

October 10, 2024

Updated

Map

2846 Federal Boulevard
Denver CO, 80211

Interior Features

Total Stories

2


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.2 Acres


Sewer

Public Sewer

Other Property Details

Taxes

$26,412


Tax Frequency

Annually


Garage

No


Parking Total

0


View

No


County

Denver


Water Source

Public


Pool

No


Zoning

G-MU-5

Listed by Pinnacle Real Estate Advisors, Robert Lawson, Listing Contact: [email protected],303-962-9555 
 

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Data last updated 7:43 PM UTC, 10/10/2024

 

 

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