400 S Hazel Ct, Denver, CO 80219

Property Description

Opportunity meets flexibility at 400 S Hazel Court, a four-unit multifamily investment property strategically located near Alameda Avenue and Federal Boulevard in Denver, Colorado. The property consists of four one-bedroom, one-bathroom units featuring efficient floor plans. Two units are currently vacant and recently renovated with new flooring, appliances, and fresh paint, providing an immediate opportunity for a new owner to secure tenants at current market rental rates. The two occupied units offer additional rental upside as existing leases permit. The property is master-metered with a single gas and electric meter and a central boiler installed in 2014. Utilities are currently included in tenant rents. Two storage sheds located behind the building present an opportunity to generate approximately $200 in additional monthly income, or $2,400 annually. Combined with strategic leasing and potential operational improvements, these features offer multiple avenues to enhance cash flow and long-term investment value. The building features a stucco exterior, white picket fencing, mature landscaping, and defined front entrances that contribute to its residential character. Conveniently positioned near the Alameda Avenue and Federal Boulevard corridors, the property provides easy access to shopping, dining, public transportation, and downtown Denver. Nearby neighborhood amenities include Westwood's diverse restaurants and community attractions, along with Barnum Park and Barnum Recreation Center.