1671 N Washington
Multifamily | 23 Units | $119,565/unit
Marketing description
The 23-unit (22 studios and one 1-bedroom) renovated apartment building in Uptown presents a compelling investment opportunity for individuals seeking to capitalize on the thriving real estate market in the area. Its prime location, extensive renovations, and market demand for high-quality rentals position the property for long-term success. With a strong financial outlook and the potential for attractive returns, this property is well-suited for investors looking to enter or expand their portfolio in the Denver market. 1671 Washington is located on the 17th Avenue corridor of Uptown and is known for its vibrant atmosphere, with an abundance of restaurants, cafes, and shops within walking distance. The neighborhood also benefits from its proximity to downtown Denver, major employers, and cultural attractions, making it an ideal location for professionals and individuals seeking a convenient and engaging lifestyle.
Investment highlights
Classic 1905 Construction with Historic Character that Differentiates from New-Construction Apartments
On-Site Laundry Facility and Shared Tenant Patios
Efficient Unit Mix Suitable for Workforce and Urban Renters
Undercapitalized Basement with Value-Add Potential
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