• Asking Price See Price
  • Estimated Value: $1,530,406
  • HOT MORRISON DENVER, CO 80219

  • 6 Beds 1 Bath 3,836 SqFt
  • Multi-family (5 or more units) / REO Foreclosure

Property Details for MORRISON St, DENVER, CO 80219

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Visit 3552Morrison.com for details. Welcome to an updated 10 unit building with value-add potential to immediately increase income! 9 units have been either fully renovated or updated with the 10th unit being a shell and ready for renovation to add instant value. Completed upgrades include ALL NEW Electrical meters, new plumbing, and new flooring. Units 7 and 8 were fully renovated and all new! Located in the Westwood neighborhood just 10 minutes away from downtown Denver, the property is located in a Qualified Census Tract - Opportunity Zone. Providing a mix of studio, one-bedroom, and two-bedroom units to cater to diverse tenant needs. This property is excellent for an investor looking for a great turn-key investment with the opportunity to finish the construction of the 10th unit.

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