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… Read More renovations, allowing investors to increase rental income through interior upgrades such as updated kitchens, bathrooms, and contemporary finishes (currently only units 5 & 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 & repaired 2024 Utilities - Electricity and Gas - Paid by Tenants (except units 7 & 8) Water & Sewer - Owner pays Read Less
Effective Year Built: 2022, Occupant Type: Tenant, Stories: 3, Total Area: 6678, Unit Count: 2, Unit Types: "Array", "Array", Built in 1904, 8 total units
Exterior Features
Features: "Balcony"
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
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