Description
This trophy asset presents the rare opportunity to own a well maintained and irreplaceable fourplex in Washington Park, one of Denver's most desirable neighborhoods. The property boasts a highly desirable unit mix of 3 two bed/ one bath units and 1 expansive bi-level four bed/ two bath unit. The three two bedroom units are month to month while the large four bedroom unit is vacant for marketing purposes. All of the units feature hardwood floors, updated bathrooms, front and back entrances, designated yard space, and 7 off-street parking spaces (4 of which are covered). This property caters to many different real estate investors offering multiple different ownership strategies. The first being a lucrative opportunity to do a party wall split and sell each unit individually. The second being a perfect buy and hold strategy for long term owners of one of Denver's best neighborhoods. This is especially interesting if the expansive basement space underneath the back two bedroom unit can be turned into liveable space. The third option is that it is a great candidate for owner occupants who can live in any of the 4 units while renting the others out. Lastly, the property sits on 12,700 square feet of land that could be conducive for development of multiple homes, duplexes or a combination of both. For more details or inquiries, please reach out to Ryan Bloodworth or Nik MacCarter.
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10BEDS
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0.29ACRES
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0BATHS
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01/2 BATHS
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4,140SQFT
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$435$/SQFT
School Information
Offered by MODUS Real Estate.Description
This trophy asset presents the rare opportunity to own a well maintained and irreplaceable fourplex in Washington Park, one of Denver's most desirable neighborhoods. The property boasts a highly desirable unit mix of 3 two bed/ one bath units and 1 expansive bi-level four bed/ two bath unit. The three two bedroom units are month to month while the large four bedroom unit is vacant for marketing purposes. All of the units feature hardwood floors, updated bathrooms, front and back entrances, designated yard space, and 7 off-street parking spaces (4 of which are covered). This property caters to many different real estate investors offering multiple different ownership strategies. The first being a lucrative opportunity to do a party wall split and sell each unit individually. The second being a perfect buy and hold strategy for long term owners of one of Denver's best neighborhoods. This is especially interesting if the expansive basement space underneath the back two bedroom unit can be turned into liveable space. The third option is that it is a great candidate for owner occupants who can live in any of the 4 units while renting the others out. Lastly, the property sits on 12,700 square feet of land that could be conducive for development of multiple homes, duplexes or a combination of both. For more details or inquiries, please reach out to Ryan Bloodworth or Nik MacCarter.
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