Unit Breakdown:
• 6 units in total:
• 2 x 1-bedroom, 1-bath units
• 4 x 2-bedroom, 1-bath units
• Each unit has its own exterior entrance and an off-street parking space.
Construction:
• Built in 1962
• Constructed of brick
• Amenities:
• Kitchens with stove, refrigerator, and dishwashers in 2-bedroom units only
• A mix of vinyl flooring, tile, and carpeting
• On-site laundry facilities
• Sprinkler system
• Tankless hot water heater
• Boiler replaced in 2024
• Unit 2 was recently Mitigated (March 2025) due to water intrusion
Parking:
• Parking off street for tenants.
Occupancy
• The property is fully occupied, with leases expiring in March 2026.
Condition & Potential:
• The property is being sold as-is.
• Some improvements and maintenance may be needed, but with proper updates, rents could be increased.
• Location & Market Conditions:
• Situated in a growing area of Westminster, benefiting from continued net migration and large companies moving in.
• Close proximity to schools, public transportation, highway access, and other amenities.
This property offers a solid investment opportunity, particularly if you're interested in improving the units and increasing rental income. The location is prime, given the growth in Westminster and the area's ongoing development.
Property Features
Utilities
Cable Available
Electricity Connected
Natural Gas Available
Phone Available
Water Features
Public
Listing Courtesy: HomeSmart - 303-858-8100
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Neighborhood Market Statistics
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from Metrolist Inc MLS - Professional (Denver).
EXIT REALTY DTC, CHERRY CREEK, PIKES PEAK
383 Inverness Parkway Suite 140, Englewood, CO 80112