2900 W 32nd AVE new to site

Denver,CO 80211

$ 2150000

7 Beds

4 Baths

3958 SqFt


Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,958 sqft

Price per Sqft $543

Subdivision Lohi

MLS Listing ID 5401991

Bedrooms 7

Year Built 1912

Annual Tax Amount $150

Tax Year 2024

Lot Size 10,018 Sqft

Property Sub-Type Triplex

Property Description

Development Opportunity – Land Approved for 5-Story, 33-Unit Project
The property currently includes three existing residential units and a storage structure, all of which can generate interim rental income during the permitting process.
Exceptional investment opportunity to acquire a development parcel that was previously approved by Denver permitting department for a 5-story, 33-unit multifamily project. While the previous permitting process expired, the project can be resubmitted for approval, with an estimated timeline of approximately 9–12 months. The original architect is available and familiar with the plans, offering a seamless path forward to the construction phase.

Location

State CO

County Denver

Zoning G-MU

Interior

Heating Forced Air

Cooling Evaporative Cooling

Exterior

Roof Type Composition

Building

Lot Description Level

Sewer Public Sewer

Structure Type Brick

Schools

Elementary Schools Edison

Middle Schools Strive Sunnyside

High Schools North

School District Denver 1

Others

Acceptable Financing 1031 Exchange,Cash,Conventional,Jumbo,Other

Listing Terms 1031 Exchange,Cash,Conventional,Jumbo,Other

Special Listing Condition None

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