Introducing a remarkable turn-of-the-century red brick, townhome-style apartment property that holds immense potential for investors in the heart of Denver. This exquisite property features classic Victorian-era interior finishes and promises a lucrative investment opportunity.
Situated within walking distance to Downtown Denver, the Santa Fe Arts District, as well as being just a block away from the renowned La Alma-Lincoln Park, this property boasts a prime location that appeals to discerning residents seeking a vibrant and convenient lifestyle. With quick access to major transportation routes including I-25, 6th Ave, and the Colfax Retail Corridor, this property ensures seamless connectivity to surrounding areas, enhancing its desirability for both tenants and potential buyers.
The property’s units offer a spacious and well-appointed living experience, featuring large open floor plans, in-unit washer dryers, refinished fir flooring, and antique decorative fireplaces. Moreover, residents can enjoy covered private front porches and separate back entrances, offering both comfort and privacy.
Beyond its existing features, the property presents an exceptional opportunity for expansion. With the potential to convert the remaining four townhomes, the total number of units can be increased from the current configuration of eight to a total of twelve one-bedroom units. This expansion not only offers the potential for increased rental income but also presents a compelling long-term investment prospect.
In conclusion, 1005-1017 W 14th Ave is a rare find in the highly sought-after Denver market. Its prime location, classic Victorian-era interior finishes, potential for unit expansion, and attractive amenities make it a compelling investment opportunity for discerning investors.