1560 Gilpin St Immeuble residentiel 8 lots 1 711 905 € (213 988 €/Lot) Denver, CO 80218

Value-Add Investment Opportunity!
Unlock the upside potential of 1560 Gilpin St., an 8-unit multi-family complex in the highly desirable City Park West neighborhood. Priced at $1,950,000, this property presents a tremendous value-add opportunity, with current below-market rents and room for strategic upgrades to maximize returns. Each unit offers a solid foundation for modern renovations, allowing investors to increase rental income through interior upgrades such as updated kitchens, bathrooms, and contemporary finishes (currently only units 5 & 6 renovated). Situated just minutes from City Park, downtown Denver, and top dining and entertainment options, this location ensures strong tenant demand. With Denver’s rental market continuing to thrive, 1560 Gilpin St. is perfectly positioned for long-term appreciation and increased cash flow. Don’t miss this chance to capitalize on an underperforming asset with significant growth potential!
Utilities - Electricity and Gas - Paid by Tenants (except units 7 & 8)
Water & Sewer - Owner pays
Number of buildings = 1
Price/SF = $329.44
Price/Unit = $275,000
# of units = 8
Laundry = Shared Common Area in the basement
Parking = 5 garage spaces and two regular spaces - all in the rear
Roof good condition - coated in approx 2022
Heat - radiator (steam heat)
Cooling - no
New plumbing in the bathrooms - everything checked and repaired in 2024
City Park West in Denver is a vibrant area with a mix of cultural, recreational, and dining attractions. The City Park West submarket in Denver is a dynamic and growing area known for its prime location, historic charm, and thriving business environment. Nestled between downtown Denver and the expansive City Park, this submarket offers a unique blend of urban convenience and green space, attracting a diverse mix of businesses, residents, and visitors. With walkable streets, trendy restaurants, boutique
retail, and a growing medical and professional services sector, City Park West presents a strategic opportunity for commercial investors and tenants seeking high visibility and strong foot traffic. As Denver continues to expand, this submarket stands out as a vibrant hub for growth, making it an ideal location for businesses looking to establish a presence in one of the city’s most sought-after neighborhoods.
Here are ten notable places to visit: City Park – One of Denver’s largest parks, featuring walking trails, sports fields, picnic areas, and scenic lake views. Denver Zoo – A top-tier zoo with over 3,000 animals and engaging exhibits. Denver Museum of Nature & Science – A must-visit museum featuring exhibits on space, dinosaurs, and natural history. The Bluebird Theater – A historic music venue hosting a variety of live performances. St. Mark’s Coffeehouse – A popular neighborhood café known for its cozy atmosphere and great coffee. Ogden Theatre – A famous concert venue featuring big-name artists and intimate performances. Cheesman Park (Nearby) – Just south of City Park West, this beautiful green space is perfect for relaxing and outdoor activities. The Thin Man – A trendy, laid-back bar known for its infused vodkas and lively ambiance.