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7721 E 14Th Ave Denver, CO 80220

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For Sale
$1,175,000

Six renovated units near Montclair neighborhood with development potential.

Property size:
3,425 SF

Property Features for 7721 E 14Th Ave

General Information

Standard status
Active
Size
3,425 SF

Building Details

Year built
1948

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Listing Contact
Jack Sherman
Source: Corcoran

Listing Agent: Jack Sherman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

Montclair Multifamily Investment Opportunity

Located on the edge of the Montclair Neighborhood, 7721 E 14th St is a six-unit apartment building. The property has a walk score of 76, providing tenants with convenient access to shopping, dining, and transportation. The building features six renovated one-bedroom, one-bathroom units in a side-by-side layout. Situated in an opportunity zone on a corner lot of 15,200 square feet, the property presents multiple options for investors, including maintaining the current cash flow, converting the units to condos, or potentially selling to a developer. There are six garage spaces that generate income. The property has undergone extensive renovations over the past five years, including a new roof, new windows, new paint and landscaping, new sewer lines, a refurbished boiler, and the addition of laundry facilities to some units. All tenants are billed back for utilities in addition to rent and are responsible for their electricity bills due to separate electric meters. The property size is 3,425 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Opportunity zone commercial ...

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Denver
County
Arapahoe
State
Colorado
Longitude
-104.89787
Latitude
39.738953

FAQs

What type of property is this?
Apartment building - Six renovated units near Montclair neighborhood with development potential.
Where is this apartment building located?
The property is located at 7721 E 14Th Ave Denver, CO.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: - Renovated 6-unit apartment building in a desirable location near Montclair.; - Opportunity Zone location on a large 15,200 SF corner lot with multiple development options.; - Six income-producing garage spaces, valuable in a high-density area.
More about this property
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