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Amazing location one block from Cheesman Park in the highly desirable East High School district. Gorgeous turn of the century Denver Square converted mansion. You won’t want to miss your chance to own a piece of Denver architectural history. Countless period touches like the main staircase, original doorbell, hardwood floors and on and on. Multiple incredible opportunities: 1. Live in one unit (mortgage free) and rent out two as Airbnb or to traditional year-round tenants to pay the mortgage. 2. Great cash flow opportunity as is fully tenant occupied. 3. Easy conversion back to a single family for a flip or to live in and enjoy. Two of the three units have their own laundry setup in the unit. Currently situation is as follows: Unit A $2900 (includes two car garage) pays 55% of utility bills. Lease ends 5/30/22. 4 bed 2 bath (possible $200/mo bump if they add another room mate). Top two floors with the entrance on the front door on the porch. Unit B $1950 (two parking spots) pays 30% of utility bills. Lease ends 6/1/22. 2 bed 1 bath. Main floor with the entrance on the South side of the house. Unit C $950 (one parking spot). Lease is currently month-to-month. 1 bed 1 bath. Basement with the entrance from the back of the house. Rent Total is $5,800 per month. Each unit has private access. Unit B could likely get an additional $100+ more per month on the next lease renewal. This is a fully occupied turnkey investment opportunity. Always easy to rent and low maintenance. Solid long-term investment in a premium location. Tenants in the area love the historical charm of the home and the fantastic location. There is a detached two car garage and three off alley parking spaces in total. Amazing central location on the North side of Cheesman Park with access to all the bars and restaurants on the Colfax corridor, Cheesman Park, Denver Botanic Gardens, City Park, Congress Park, Cherry Creek and Downtown.
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Listing information last updated on October 21st, 2021 at 12:35pm MDT.