Price

$1,100,000

Sqft

3894.00

Baths

4

Beds

6

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Description

This is a Great Opportunity to own an entire 3-unit, mid-century investment property in the highly desirable Berkeley neighborhood. The units are well-maintained with lots of updates over the last few years while keeping the original charm of the property. Nice wood floors in the one bedroom units. Each unit has it's own furnace, water heater and laundry, easy set up for tenants to pay their separate utilities. The 4 bedroom unit is incredibly spacious with a huge kitchen and large family/media room in the basement, 2 bathrooms and a big laundry/storage room. A 3-car garage has potential for future extra income and there are additional parking spaces behind the garage. All of the units are turn-key or you could update as desired to increase ROI. The lower 1 bedroom unit is vacant and the 4 bedroom unit is vacant, the upper 1 bedroom unit has lease to May 2026. Great upside potential in this location with consistent rental income, live in a unit and rent the others, large lot for future development, a nice investment property for your portfolio.

This building is also eligible for FHA Owner-Occupied financing. An FHA buyer can occupy one of the units and lease the other 2 out. Current lease amounts can apply towards the buyer qualifying for the payment. Nice opportunity for a buyer with limited down payment funds to buy themselves a business! Check with your lender for possible scenarios.

Easy to lease in this location....Just 4 blocks to Tennyson St. shops and restaurants, 6 blocks to Highlands Square, 10 blocks to Berkeley Lake with Dog Park and Rec Center, 10 blocks to Rocky Mountain Lake Park, 16 blocks to Sloans Lake, short drive to Downtown Denver, Sunnyside or LoHi...the city is at your doorstep!

Property Level and Sizes

SqFt Lot 9510.00
Lot Features Eat-in Kitchen
Lot Size 0.22
Basement Full

Interior Details

Interior Features Eat-in Kitchen
Appliances Cooktop, Dishwasher, Dryer, Oven, Range, Refrigerator, Washer
Laundry Features In Unit
Electric Central Air, None
Flooring Carpet, Tile, Wood
Cooling Central Air, None
Heating Forced Air

Exterior Details

Water Public
Sewer Public Sewer

Exterior Construction

Roof Composition
Construction Materials Brick
Builder Source Appraiser

Financial Details

Previous Year Tax 7781.00
Tax Year 2024

Schools

Elementary School Edison
Middle School Skinner
High School North

  Location

  Schools

Elementary SchoolEdison
Middle SchoolSkinner
High SchoolNorth

  Walk Score®

Contact Me

Anne O’Brien

Anne O’Brien

HomeSmart Realty Group

About Me & My Skills

Represent clients looking for properties in the Denver, Denver Metro, South Corridor and North Corridor counties of the Front Range. Work in the challenging Denver real estate market, with the skills needed to locate, negotiate, and close on challenging deals of valuable properties. Bachelors in Mathematics, bringing analytical and technical skills for top value. Successful in negotiation, and strive to exceed client expectations.

From first time home buyers, to investors, to retirees looking to downsize, I find my clients the home that fits their needs, making it one of the healthiest decisions they have made!

Contact me for a current market analysis of your property, and/or to help customize a live search for your perfect Colorado home.

My History

- Specialize in Multi-family: duplex, and triplex listings in Denver metro areas
- First time home buyers love me
- Highly reviewed by Seniors
- Successfully executed contracts
- Successfully winning bidding wars
- Investor network actively looking to build to their portfolio
- 1031 exchange resource
- Knowledgeable about current market trends
- Reliable, experienced, passionate and goes above and beyond!
- Private listings

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