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James T. Wanzeck
At RE/MAX Professionals (formerly Masters Millennium), James T. Wanzeck and his team are dedicated to providing superior customer service and 100% cli...
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- RE/MAX Professionals
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- (303) 887-1600
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Listing Source
With courtesy of
BellStreet Inc
Posted by
REcolorado (Denver)
BellStreet Inc
Posted by
REcolorado (Denver)
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ('IDX') program of RECOLORADO®, Real estate listings held by brokers other than RE/MAX Professionals are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
3201 W Alabama Place
Denver, CO 80219 — Denver CountyCommercial Sale $1,299,999 Active Listing# 8566059
4337.00 sqft Lot size: 15800.00 sqft 0.36 acres 1960 build
Property Description
Great investment opportunity for worry-free cash flow supported by stable occupancy, along with value add potential. The building is 100% occupied as of the listing date, with several long term tenants.
The next owner can increase revenue even without raising rent by implementing RUBS and paid parking, and reducing expenses with professional or self management. Average rent is currently 15% below market. Unit updates on turnover will ensure this property continues to perform at market rate.
Location is perfect for workforce housing, in a quiet neighborhood just off Federal Blvd, near bus routes, schools, and urgent care. Local amenities include numerous restaurants, parks, and outdoor entertainment. In-unit amenities include washer/dryer hookups and individual furnace and water heater.
Listing Details
- Property Type
- Commercial Sale
- Listing#
- 8566059
- Source
- REcolorado (Denver)
- Last Updated
- 05-14-2025 12:40am
- Status
- Active
- Off Market Date
- 11-30--0001 12:00am
Property Details
- Property Subtype
- Multi Family
- Sold Price
- $1,299,999
- Original Price
- $1,299,999
- Location
- Denver, CO 80219
- SqFT
- 4337.00
- Year Built
- 1960
- Acres
- 0.36
Map
Property Level and Sizes
- SqFt Lot
- 15800.00
- Lot Size
- 0.36
Financial Details
- Previous Year Tax
- 5373.00
- Year Tax
- 2024
- Primary HOA Fees
- 0.00
Interior Details
Exterior Details
- Water
- Public
- Sewer
- Public Sewer
Garage & Parking
Exterior Construction
- Construction Materials
- Brick
Land Details
- PPA
- 0.00
- Road Frontage Type
- Public
- Road Responsibility
- Public Maintained Road
- Road Surface Type
- Paved
- Sewer Fee
- 0.00
Schools
Walk Score®
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