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Denver,CO 80210
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,326 sqft
Price per Sqft $527
Subdivision University Park
MLS Listing ID 7168448
Style Contemporary
Bedrooms 2
HOA Y/N No
Abv Grd Liv Area 1,326
Year Built 2020
Annual Tax Amount $3,515
Tax Year 2024
Property Sub-Type Quadruplex
Source recolorado
Property Description
Prime Investment Opportunity in Observatory Park. Discover this unit within a townhome complex. Secure a high-yield asset in one of Denver's most desirable neighborhoods with this ultra-modern townhome. Built by a custom builder in 2021, this property is a turnkey investment positioned for strong performance. The location is a key driver of its value, situated just minutes from the University of Denver, I-25, and the light rail, ensuring a constant pool of potential tenants. The immediate vicinity offers a wealth of dining, shopping, and entertainment options, further enhancing its rental appeal. This 1,326-square-foot residence currently generates $3,300 in monthly rental income, providing a solid return from day one. The functional and stylish design is a major draw, featuring an open layout and sleek, modern finishes. The chef's kitchen is equipped with top-tier appliances, quartz countertops, and ample storage. The home includes two spacious bedrooms and four bathrooms, a highly practical configuration for renters. Additional features that contribute to its marketability and long-term value include an expansive rooftop deck with panoramic views, ideal for tenant use and retention. The 2-car attached garage provides ultimate convenience and extra storage, a sought-after amenity in this urban setting. This property is designed for both aesthetic appeal and long-term durability, minimizing future capital expenditures. This is an ideal acquisition for an investor seeking a sophisticated, low-maintenance, and income-producing asset in a prime Denver location.
Location
State CO
County Denver
Interior
Interior Features Eat-in Kitchen,High Ceilings,Open Floorplan,Quartz Counters,Walk-In Closet(s)
Heating Wall Furnace
Cooling Air Conditioning-Room
Flooring Carpet,Tile,Wood
Fireplaces Number 1
Fireplaces Type Electric
Fireplace Y
Appliance Dishwasher,Disposal,Dryer,Oven,Range,Range Hood,Refrigerator,Tankless Water Heater,Washer
Laundry In Unit
Exterior
Exterior Feature Lighting
Parking Features Storage
Garage Spaces 2.0
Roof Type Membrane
Total Parking Spaces 2
Garage Yes
Building
Sewer Public Sewer
Level or Stories Three Or More
Structure Type Frame
Schools
Elementary Schools University Park
Middle Schools Merrill
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional,Other
Listing Terms 1031 Exchange,Cash,Conventional,Other
Special Listing Condition None