Description: Very rare single family home with Triplex (3-unit)/ADU overlooking Bates Park in Englewood. Rent all of the property (home and ADU's) to generate over $70,000 gross revenue per year (estimated) or live in the primary, fully updated main home and enjoy income approaching $3000/month from the ADU's. The main home has been remodeled and updated in 2022. The home is in great shape and features a modern kitchen with granite countertops, a charming living room with fireplace, three bedrooms and updated bath on the main level. Downstairs has a large family room with fireplace and efficiency kitchen, two bedrooms, one bath, laundry room and storage. Downstairs bedrooms are non-conforming. The main house has in the past been rented as three separate units in addition to the ADU's. The ADU's form a side by side triplex. Each is 350 square feet in size and have a living room, kitchen, bedroom, 3/4 bath, evaporative coolers and a shared yard. Two of the three ADU's have been recently remodeled. All three ADU's are currently rented with long term tenants on month to month leases. There is off-street parking for five cars between the main house and the ADU's. This property and it's unique rental setup has been grandfathered in by the City of Englewood which recognizes six rental units on the property. The rental values reflect anticipated current rental value of each of the structures based on recent updates to the property and current rental market conditions as confirmed by a local property management company.
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3586 s ogden street englewood 80113 Status:Active
$950,000.00
Beds: 4 Baths: 4
MLS #:2299954
Listing Office: fixed rate real estate, llc
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