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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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.