Multifamily investment opportunity that can be combined with the adjacent 4-unit at 1359–1365 Wolff Street to create an 8-unit portfolio. Located near 10th Avenue and Sheridan Boulevard, immediately north of Dry Gulch, this fully occupied fourplex is positioned within an area undergoing significant multi-phase redevelopment.
The property features four 2-bedroom,… Read More 1-bath units with quality rental-grade updates in most units and separately metered utilities. Multiple value-add opportunities exist through future rent growth and additional income from the detached two-car garage. Major improvements include a newer roof in 2023, two boilers approximately 2 and 15 years old, two new water heaters in 2021, and new swamp coolers in 2024 and 2025. The 7,813-square-foot lot features a meticulously landscaped yard with decorative black metal fencing and additional off-street parking.
Adjacent to Dry Gulch, residents have convenient access to its walking and biking path, along with the nearby 10th & Sheridan light rail station providing connections to downtown Denver and other destinations. Sloan’s Lake, Edgewater Public Market offering restaurants, shops, nightlife, and recreational amenities are also nearby. Ongoing transit-oriented investment and neighborhood redevelopment provide strong long-term demand and appreciation potential.
The neighboring 4-unit at 1359–1365 Wolff Street is also available, creating an opportunity to assemble 8 units together for improved operating efficiency, management economies of scale, and enhanced exit optionality. Sold together is preferred, but available individually. Read Less
Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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