2900 W 32nd Avenue Unit

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Virtual Tour Sold Denver, CO 80211 MLS# 2953676 Sold by Robert Tait on 11/29/2021
$1,550,000
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Multi-Family Property Type
6 Bedroom
5 Bathroom
0 Garage
3958.00 Sq Ft
0.23 Acres
1912 Year Built

Overview

Nestled in the peaceful & very walkable neighborhood of Highland Park in Denver, this 2-building, multi-family home is just blocks away from K-12 schools & just a couple miles from University of Colorado Denver. This perfectly located property could be your next great investment! The property has a large and attractive front yard as you enter. If you choose to scrape the property, this yard could be used to build an even bigger new apartment complex. Walk down the private alley between the two buildings to the private courtyard with a beautiful white gazebo. Tenants can sit under its shade and relax on a hot summer Colorado day. The first and main building is divided into two units with Apartment A in the basement and Apartment B on the main and second floors. Apartment A is a 942 sq. ft. 2 Bed, 1 Bath with a living room and kitchen. Apartment B is a 1,884 sq. ft. 3 Bed, 1.5 bath with a kitchen, 2 living room/commons areas & fireplace. The second building is divided into 2 units with Apartment C in the back and Apartment D as you drive into the complex on the left. Apartment C is a 750 Sq. ft. 2 Bed, 1 Bath & Apartment D is a large 1,132 sq. ft. studio/garage with 2 Bed, 1 Bath. The property is located in one of the trendiest neighborhoods that boasts an abundance of food, drink, and entertainment sources. From grassy community parks and live music venues to hip local shops and tasteful restaurants, you’ll be stunned by the number of delightful destinations to visit in the Highlands. There’s an enticing variety of dining options in this bustling neighborhood that’s sure to get you out of your box. From Highland Tap and Burger to Tacos Tequila Whiskey, your taste buds will not be disappointed in this diverse district. Feeling artsy? The local talent in the Highlands will astound you, so don’t forget to check out the local art galleries, shops, and exhibitions in town. From Victorian-style homes and historic brick buildings to modern apartments and sleek architecture.

New Home Sales Hours

Courtesy Of Engel & Volkers Denver
Source: REcolorado

Upcoming Open Houses

    Features

    Leasing Information

    Leasing Details
    • Application Fee $
    • Availability Date
    • Corporate Rental?
    • Deposits Potentially Refundable
    • Existing Lease Type
    • Lease Amount $
    • Lease Description
    • Lease Duration
    • Liability Insurance Required
    • Owner Pays
    • Rent Deposit
    • Rental Application
    • Security Deposit $
    Pet Details
    • Pet Deposit
    • Pet Rent
    • Pets Allowed

    Interior Features

    Summary

    • Year Built Effective
    Basement Details
    • Basement? Yes
    • Basement Full
    • Basement Ceiling Height
    Fireplace Detail
    • Fireplace Features Family Room
    • No. of Fireplaces 1
    Square Foot Details
    • SqFt 3,958
    • Living Area, Finished 3,958
    • Above grade, Finished 3,016
    • Basement, Finished 942
    • Basement, Unfinished 0
    • PSF Total $391.61
    • PSF Finished $391.61
    • PSF Above Grade $513.93
    Use details
    • Leaseable Area
    • Office Area
    • Retail Area
    • Warehouse Area
    Other
    • Accessibility Features
    • Appliances Dishwasher,Dryer,Microwave,Range,Refrigerator,Washer
    • Building Class
    • Building Features
    • Ceiling Height
    • Common Walls
    • Exclusions Tenants Personal Property
    • Flooring Carpet,Wood
    • Furnished
    • Interior Features Entrance Foyer
    • Laundry Availability
    • Security Features
    • Spa Features
    • Window Features

    Room Details

    Bathroom Details Total Bathrooms: 5
    Bathroom Location Details
    Bedroom Location Details Total Bedrooms: 6
    More Room Details

    Unit Information

    Summary

    • Number of Units
    • Number of Units Furnished
    • Number of Units Vacant
    • Unit Features
    Single Unit Details
    • Unit Type 3 Bedroom
    • Total Units 1
    • Average Rent 2400.00
    • Average SqFt 1884.00
    • Dishwashers 1
    • Washers 1
    • Dryers 1
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Main House
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 3
    • Bathrooms per Unit 2
    • Parking Per Unit
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 1250.00
    • Average SqFt 942.00
    • Dishwashers 1
    • Washers 1
    • Dryers 1
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Basement Apartment
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 2
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type 1 Bedroom
    • Total Units 1
    • Average Rent 1350.00
    • Average SqFt
    • Dishwashers
    • Washers 1
    • Dryers 1
    • Hookups
    • Refrigerators 1
    • Stoves 1
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Back of Property
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit 1
    • Bathrooms per Unit 1
    • Parking Per Unit
    • Unit Type Studio
    • Total Units 1
    • Average Rent 1200.00
    • Average SqFt
    • Dishwashers
    • Washers
    • Dryers
    • Hookups
    • Refrigerators
    • Stoves
    • Air Conditions
    • Fireplaces
    • Storage Units
    • Description Garage Door Unit
    • Actual Rent
    • Total Rent
    • Bedrooms Per Unit
    • Bathrooms per Unit
    • Parking Per Unit

    Exterior/Lot Features

    Summary

    • Available Elevations
    • Entry Location
    • Faces
    • Horse Amenities
    • Horse Property
    • Levels Two
    • Stories
    • Structure Type Quadruplex
    • Unit Floor #
    • View
    Builder Details
    • Builder
    •  
    • Completion Time From Groundbreaking
    • Model Type
    Construction details
    • Architecture Traditional
    • Construction Materials Brick,Frame
    • Foundation Details
    • Roof Composition,Unknown
    Exterior Details
    • Dock Features
    • Door Features
    • Exterior Features Garden
    • Fencing Full
    • Number of Docks
    • Number of Doors
    • Number of Storage Units
    • Other Equipment
    • Other Structures
    • Patio And Porch Features
    • Pool Features
    • Ski Features
    Livable Structure Details
    Lot Details​​​​​​​
    • Acres Leased
    • Crop Acres
    • Cultivated Acres
    • Features Level
    • Irrigated Acres
    • Lot Number
    • Lot Size Acres 0.23
    • Lot Size Dimensions
    • Lot Size SqFt 10,063
    • Sq Ft
    • Pasture Acres
    • Price Per Acre $6,739,130.43
    • Vegetation
    • Waterfront Features
    Mobile Details
    • Make
    • Model
    • Body Type
    • Exterior Dimensions x
    • Skirt
    Outbuilding details
    Road details
    • Access
    • Road Responsibility Public Maintained Road
    • Road Surface

    Parking/Garage

    Parking Space Summary

    Parking Features
    Concrete

    • Total Parking Spaces 0
    • Garage Spaces
    • Total Carport Spaces
    • Total Offstreet Spaces 0
    • Total Reserved Spaces 0
    • Total RV Spaces 0
    Parking Space Details

    Utilities & Green Home Features

    Summary

    • Cooling None
    • Green Energy Efficient
    • Heating Forced Air
    • HVAC Description
    Green Ratings
    Power Production Details
    Sewer
    • Sewer Public Sewer
    • Sewer Fee
    • Sewer Tap Paid YN
    Utilities details
    • Electric Service
    • Gas Tap Fee
    • Gas Tap Paid YN
    • Utilities Electricity Connected
    Water / Well
    • Irrigation Source
    • Issued Well Permit Numbers
    • Water Available
    • Water Source Public
    • Well Type
    • Well Usage
    • Water Fees
    • Water Tap Paid?
    • Water/Mineral Rights

    Association Information

    HOA Summary

    • Amenities Completed
    • Amenities Opening
    • Association Amenities
    • Association(s) No
    • HOA Fee Includes
    • Total Annual HOA Fees $0
    1st HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    2nd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    3rd HOA
    • HOA
    • Type
    • Fee $
    • Phone
    • Total Annual Fee $0.00
    • Website
    Restrictions & Covenants
    • Pets Allowed
    • Rentals Allowed
    • Restrictions
    • Restrictions Other
    • Restrictions/Covenants? No

    Financial Considerations

    Summary

    • Cap Rate 4.05
    • Cap Rate Calculation
    Actual expense details
    • Annual Expenses Benefits
    • Annual Water Expense $
    • Association Fee Annual Expense $
    • Cable TV Expense $
    • CAM Fees $
    • Electric Expense $
    • Gas Expense $
    • Insurance Expense $
    • Internet Annual Expense $
    • Maintenance Expense $
    • Operating Expense $1,017
    • Operating Expense Includes Insurance,Maintenance,Personal Property Tax,Professional Management
    • Other Expense
    • Payroll Annual Expense $
    • Personal Property Annual Expense $
    • Phone Annual Expense $
    • Professional Management Expense $
    • Real Estate Taxes $
    • Workmans Compensation Expense
    Income details
    • Actual Annual Net Income $
    • Gross Income $6,200
    • Income Includes
    • Income Includes Description
    Landleasing details
    • Land Lease Amount
    • Land Lease Amount Frequency
    • Land Lease?
    Projected
    • Other Annual Income $
    • Potential Rental Income Annual $
    • Projected Annual Expense $9,889
    • Projected Annual Net Income $60,791
    • Projected Gross Income $70,680
    • Projected Gross Operating Income $
    • Vacancy Credit Losses
    Tax details
    • Annual Tax $4,653
    • Legal Description HIGHLAND PARK B4 W 48FT OF L15
    • Tax Exemptions
    • Tax ID 2294-04-095
    • Tax Year 2019
    Other
    • Tenant Pays
    • Utilities Metering
    • Utilities Paid By Tenant

    Neighborhood

    Summary

    • Building Name
    • Development Name
    • Park Name
    • Senior Community No
    • Subdivision Highland
    New Home Community
    • Community Description
    • Community MLS #
    • Community Name
    • Community Opening
    • Community Website
    • Current Promotions
    • Development Status
    • Directions from Agent
    • Move In Date
    • New Home Available Options
    • New Home Land MLS #
    • New Home Plan MLS #
    Zoning Details
    • Current Use
    • Incorporated? No
    • Zoning G-MU-3
    • Zoning Jurisdiction

    Other

    Business Details
    • Business Amenities
    • BusinessDescription
    • BusinessType
    • Year Established
    History
    • Original List Price $1,500,000
    Partial Ownership Details
    • Partial Ownership Amount
    • Week Remarks
    • Weeks Available
    Other
    • Home Warranty 0
    • Ownership Individual
    • Possession Closing/DOD
    • Special Listing Conditions None Known
    • Year Built 1912

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    School Zone

    District: Denver 1
    Schools: Edison Elementary School, North High School, Strive Sunnyside Middle School

    Area Map

    Walk Score

    Bike Score

    Bike Score

    0 description
    Transit Score

    Transit Score

    0 description summary
    Walk Score

    Walk Score

    0 description
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