Denver’s inventory of investment options is extremely slim these days. I’ve got an off-market triplex in the Sunnyside area of Denver (NW Denver) that is in a great location and on a large oversized lot (9,370) bringing in below market rents with only M-to-M leases in place. Great option for investors who would like to get in and do some capital improvements to the units, then lease all 3 units at or above market rates during the hottest time of yr. Or, this is a great option for an owner occupant who would like some rental units to offset their overall monthly mortgage.
Asking price: 810k
One 2 bedroom two story unit with washer/dryer and a 1 car detached garage.
Two 1 bedroom units, both with their own washer/dryers, both have 1 car detached garages.
All units have separate entrances.
Zoning does potentially allow for an ADU (Accessory Dwelling Unit) to be built. Denver is now encouraging home owners with ADU zoning to develop these units to both help homeowners offset rising home prices, but also allow renters a place to live in the city for generally affordable prices. Denver Post recently wrote a good piece on ADU’s:
Showings are taking place on 1/11 between 12-2. Reach out to Brian for more info and to RSVP if interested.