This is a 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. Newly refreshed 4 bedroom unit has new carpet and paint...it is tenant ready. 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 and the 4 bedroom unit is vacant, the upper 1 bedroom unit has lease to May 2026. 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. Nice 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!
