Courtesy of You 1st Realty . Najherianichelle@outlook.com,303-396-5407
Exceptional investment opportunity in highly sought-after Platt Park! This updated quadplex offers more than 3,000 square feet and features two 2-bedroom units and two 1-bedroom units, all currently tenant occupied for immediate rental income. Each residence includes separate utility meters, its own spacious fenced backyard, assigned off-street parking, and additional street parking. With no HOA, existing tenants, and room to increase rents and further improve the units, the property offers strong value-add potential. Also has washer in drying in each unit. The basement may provide an opportunity for conversion into an additional unit, subject to zoning, permits, and City approval. the basement is currently being rented out as Storge for additional income. The property also offers a rare potential exit strategy: the seller is currently processing the units with the City and County of Denver so they may be sold individually. Each unit has already been professionally surveyed and assigned its own legal description. Ideally located near Washington Park, South Broadway, Downtown Denver, popular restaurants, shopping, entertainment, and public transportation. This fenced Platt Park property combines current income, future upside, individual unit resale potential, and an outstanding Denver location.
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