Description: 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, the upper 1 bedroom unit has lease to May 2026, the 4 bedroom unit is month-to-month. 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. This is a great 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!
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3941 vrain street denver 80212 Status:Pending
$1,375,000.00
Beds: 3 Baths: 4
MLS #:6718255
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$1,395,000.00
Beds: 4 Baths: 4
MLS #:9749269
Listing Office: modus real estate
5101 quitman street denver 80212 Status:Active
$1,200,000.00
Beds: 5 Baths: 4
MLS #:7597233
Listing Office: freedle and associates llc
4495 utica street denver 80212 Status:Active
$1,049,900.00
Beds: 4 Baths: 3
MLS #:7303881
Listing Office: your castle real estate inc
2305 quitman street denver 80212 Status:Active
$1,095,000.00
Beds: 3 Baths: 4
MLS #:2603374
Listing Office: trelora realty, inc.
3854 perry street denver 80212 Status:Active
$1,195,000.00
Beds: 6 Baths: 4
MLS #:9982947
Listing Office: west and main homes inc
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