Description
903 Wolff Street is a TURNKEY fully leased, four-unit corner asset delivering a 7.3% in-place cap rate with interest rates at a three-year low - strong stabilized income, right now. Priced reduced Motivated Seller. A lengthy list of updates and upgrades by current owner = less deferred maintenance = MORE CASH FLOW FOR YOU! Tenants pay all utilities! E-TU-C zoning on an oversized lot with alley access adds long-term redevelopment optionality you won't find at this price point.The location sells itself: blocks from the W Line light rail and West Colfax, minutes to Sloan's Lake, Edgewater Public Market, and the Highlands - the kind of walkable connectivity that keeps units full. The building backs it up: 8 beds / 4 baths across four units with major CapEx already done - high-efficiency Weil-McLain boiler (2021), newer roof, fresh exterior paint (2026), and double-pane windows throughout. Sewer line cleaned and pre-inspected. Unit 901B was fully remodeled in 2025 with LVP flooring, quartz countertops, and stainless appliances. Add a refreshed laundry room with front-load W/D and a three-car garage for added income upside.The 1 bed unit lease ends 6/30 and both 2 bed units have leases ending 8/31 - ideal timing to push rents or house hack in one of Denver's hottest corridors. Opportunities like this don't wait.
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8BEDS
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0.15ACRES
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0BATHS
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01/2 BATHS
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3,320SQFT
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$274$/SQFT
School Information
Offered by Milehimodern.Description
903 Wolff Street is a TURNKEY fully leased, four-unit corner asset delivering a 7.3% in-place cap rate with interest rates at a three-year low - strong stabilized income, right now. Priced reduced Motivated Seller. A lengthy list of updates and upgrades by current owner = less deferred maintenance = MORE CASH FLOW FOR YOU! Tenants pay all utilities! E-TU-C zoning on an oversized lot with alley access adds long-term redevelopment optionality you won't find at this price point.The location sells itself: blocks from the W Line light rail and West Colfax, minutes to Sloan's Lake, Edgewater Public Market, and the Highlands - the kind of walkable connectivity that keeps units full. The building backs it up: 8 beds / 4 baths across four units with major CapEx already done - high-efficiency Weil-McLain boiler (2021), newer roof, fresh exterior paint (2026), and double-pane windows throughout. Sewer line cleaned and pre-inspected. Unit 901B was fully remodeled in 2025 with LVP flooring, quartz countertops, and stainless appliances. Add a refreshed laundry room with front-load W/D and a three-car garage for added income upside.The 1 bed unit lease ends 6/30 and both 2 bed units have leases ending 8/31 - ideal timing to push rents or house hack in one of Denver's hottest corridors. Opportunities like this don't wait.
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Based on information submitted to the MLS GRID as of 2026-05-14T12:24:20.157 UTC. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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