Positive income 4-unit property in great Denver location close to downtown, restaurants, shopping, parks and transportation. The 10 bedrooms and 7 bathrooms consist of two 3-bdrm 2-bath units; one 2-bdrm 2-bath unit; and one 2-bdrm 1-bath unit. The 4-apartments have an individual entrance. Each apartment tenant controls their own heating/cooling. Apartment 1, 2, and 4 have a brand new HVAC unit installed in 2020. Apartment 3 has a newly installed furnace and a wall cooling unit. Each apartment has its own washer/drier. This building has been recently remodeled with new electrical, plumbing, HVAC systems, double pane windows, and new sewer line. These units will work great as an Airbnb, corporate, or long term rentals. The highest return on investment is Airbnb, Vrbo, short-term rental. In 2019, Apt 3 generated approximately $2,200 net per month, current income is $1,650. Positive cash flow, based on current reservations/contracts, from day 1 of closing. Please look at the brochure in the "Supplement" section to view videos.
Dora MooreElementary School