Home Details for 1560 N Gilpin Street

Price

$1,600,000

Type

Commercial Sale

Bedrooms

Bathrooms

Square feet

NaN

Year built

1904

Lot size acres

0.22

County

Denver

Garage

Days on site

MLS Listing#

6140914

Property Description

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 & 6 renovated). Situated just minutes from City Park, downtown Denver, and top dining and entertainment options, this location ensures strong tenant demand. With Denverâ€™s rental market continuing to thrive, 1560 Gilpin St. is perfectly positioned for long-term appreciation and increased cash flow. Donâ€™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

Property Features

Listing Courtesy: Impact Commercial Real Estate, LLC - 720-608-4201

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Transportation

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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

Sheryll White Broker. 303 790 7200

Dawn Campbell

Associate Broker

Office

303 790 7200

Agent

303 408 3229

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