Prime development property blocks from Rose Medical Center. Rare opportunity to own eight one- story units. Please do not disturb tenants, no showings until Seller has an executed contract. Property is sold in AS IS condition. Garage units leased to individuals who are not tenants, three are used by Seller for equipment, maintenance. Property has not had a vacancy in 3 years. Rents are below market to long term tenants. Approximately $65,000 current income currently including rent from garages and apartments. Gas and electric approx. $2977 per year; Water $3111 per year. Zoning E-MU-2.5 which allows duplex, tandem house, row house, garden court, town house and apartment building forms up to two and a half stories depending on building form. Redevelopment in process at 9th & Colorado. Seee 9thandColorado.com
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