1560 N Gilpin Street

Unlock the upside potential of 1560 Gilpin St., an 8-unit multi-family complex in the highly desirable City Park West neighborhood. Priced at $1,600,000, this property presents a tremendous value-add opportunity, with current below-market rents and room for strategic upgrades to maximize returns. Each unit offers a solid foundation for modern renovations, allowing investors to increase rental income through interior upgrades such as updated kitchens, bathrooms, and contemporary finishes (currently only units 5 and 6 renovated). Situated just minutes from City Park, downtown Denver, and top dining and entertainment options, this location ensures strong tenant demand. With Denver’s rental market continuing to thrive, 1560 Gilpin St. is perfectly positioned for long-term appreciation and increased cash flow. Don’t miss this chance to capitalize on an underperforming asset with significant growth potential!

Laundry: Shared Common Area in the basement
Parking: 5 garage spaces and two regular spaces
Roof: Good condition - coated in approx 2022
Heat: Radiator (steam heat)
Cooling: No
New plumbing in the bathrooms checked and repaired 2024
Utilities - Electricity and Gas - Paid by Tenants (except units 7 and 8)
Water and Sewer - Owner pays