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$ 1,750,000
Est. payment | /mo
10,454 Sqft Lot
$ 1,750,000
Est. payment | /mo
10,454 Sqft Lot
Key Details
Property Type Multi-Family, Commercial
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 8651051
HOA Y/N No
Originating Board recolorado
Year Built 1971
Annual Tax Amount $8,788
Tax Year 2024
Lot Size 10,454 Sqft
Acres 0.24
Property Sub-Type Multi-Family
Property Description
Ridgewood Apartments, a well-maintained 10-unit community, offers a rare south facing garden-style walk-up investment opportunity in the Health and Wellness District of Downtown Englewood. Built in 1971, this 6,832 SF property features a durable brick exterior, a new boiler, a newer roof, and assigned off-street parking. The unit mix consists of (3) two-bedroom, one-bath units and (7) one-bedroom, one-bath units, all individually metered for electricity. Residents enjoy all-electric kitchens, individual A/C units and hot water heat from a central boiler. Additional amenities include a landlord-owned laundry facility, private storage for each unit, and a sprinkler system. Mature landscaping and a patio enhance the residential appeal, while the property's corner lot provides strong visibility on E Floyd Ave & Clarkson Street. Zoned MU-R-3-C, this asset presents a compelling investment opportunity.
Location
State CO
County Arapahoe
Zoning MU-R-3-C
Interior
Fireplace N
Exterior
Total Parking Spaces 10
Garage No
Building
Sewer Public Sewer
Water Public
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Pinnacle Real Estate Advisors • rlawson@pinnaclerea.com,303-962-9555
MORTGAGE CALCULATOR
Mortgage values are calculated by Lofty and are for illustration purposes only, accuracy is not guaranteed.
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