CO > Brighton > Fulton Village South
Brighton, CO 80601,63 S 22nd Ave #A1-B8
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Brighton, CO 80601,63 S 22nd Ave #A1-B8
Brighton, CO 80601,63 S 22nd Ave #A1-B8
Brighton, CO 80601,63 S 22nd Ave #A1-B8
Brighton, CO 80601,63 S 22nd Ave #A1-B8
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EWN Real Estate Group

EWN Real Estate Group

$ 3,075,000
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63 S 22nd Ave #A1-B8 Brighton, CO 80601

30 Beds

16 Baths

0.89 Acres Lot

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Subdivision Fulton Village South

MLS Listing ID 1030190

Style Raised Ranch

Bedrooms 30

HOA Y/N false

Originating Board IRES MLS

Year Built 1980

Annual Tax Amount $22,082

Lot Size 0.890 Acres

Acres 0.89

Property Sub-Type Income Property

Property Description

Located just off Highway 7, 63 South 22nd Avenue, Buildings A & B offers a prime 16-unit multifamily investment with easy access to Denver, the metro suburbs, and Denver International Airport. This 14,608-square-foot garden-style complex consists of two 8-unit buildings with fourteen 2-bedroom, 1-bath units and two 1-bedroom, 1-bath units, totaling 30 bedrooms and 16 bathrooms. Dedicated off-street parking ensures convenience for tenants. Each unit has independent gas and electric meters, forced-air furnaces, and gas water heaters. The owner currently pays water, sewer, and trash, while tenants cover gas and electricity. The property generates $285,960 in gross rental income and a net operating income (NOI) of $192,974, with additional upside through utility reimbursements and further operational efficiencies. A comprehensive capital improvement plan has been completed, with 13 of 16 units fully renovated in the last two years. Recent upgrades include new roofs, fresh exterior paint, newer furnaces, hot water heaters, and rooftop A/C units for second-floor units. Newer (less than two years old) coin-operated laundry machines in each building help offset expenses. Further value-add opportunities remain, including resurfacing the parking lot, modernizing common areas, completing the final two unit renovations, and implementing a RUBS program to recapture owner-paid utilities. Located in a high-growth submarket, the property is within three miles of major retail, recreation, and employment hubs, including Barr Lake State Park, Prairie Center Shopping Center, Platte Valley Medical Center, and multiple schools. With turnkey operational stability, strong tenant demand, and additional value-add potential, this is a rare investment opportunity in Brighton's expanding multifamily market. Contact us today for the full Offering Memorandum (OM) and financial details.

Location

State CO

County Adams

Area Metro Denver

Zoning Multi Unit

Rooms

Basement None, Partially Finished

Interior

Interior Features Eat-in Kitchen, Open Floorplan, Walk-In Closet(s)

Heating Forced Air

Cooling Central Air, Ceiling Fan(s)

Fireplaces Type None

Fireplace false

Window Features Window Coverings

Appliance Electric Range/Oven, Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal

Exterior

Fence Partial, Wood

Utilities Available Natural Gas Available, Electricity Available, Cable Available

View City

Roof Type Composition

Street Surface Paved,Asphalt

Handicap Access Level Lot, Level Drive

Porch Patio

Building

Lot Description Curbs, Gutters, Sidewalks, Fire Hydrant within 500 Feet, Level

Faces East

Story 1.5

Sewer City Sewer

Water City Water, City of Brighton

Level or Stories One and One Half, Raised Ranch

Structure Type Wood/Frame,Brick/Brick Veneer,Wood Siding

New Construction false

Schools

Elementary Schools Southeast

Middle Schools Vikan, Walter L.

High Schools Brighton

School District Brighton Dist 27J

Others

Senior Community false

Tax ID R0005329

SqFt Source Assessor

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)
Listed by The Station Real Estate • 9702197096
agent

EWN Real Estate Group

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63 S 22nd Ave #A1-B8