Amazing investment opportunity in the Historic RiNo Neighborhood!! You can live in this charming, fully updated Victorian in one of the hottest parts of Denver, and rent out the bottom part of the home for AirBnB or full time renters. The home has been completely renovated in 2019. The top unit main floor has an open floor plan with high end finishes and hosts a dining room, family room, kitchen, laundry, bedroom and full bath. The second floor includes a chic master suite and master bathroom. The lower unit, which has its own separate front and rear entrance, has 2 bedrooms, a 3/4 bathroom, full kitchen, laundry and family room. The back yard is spacious and comes with tons of potential for entertaining. There is opportunity to add even more income potential, as this property is zoned to have an ADU in the back. Seller is willing to sell the home fully furnished with the right offer. Seller is willing to leave air bnb bookings up for 3 months after the sale with profits going to the new owner, which would be around $24k of additional income to the buyer. $170k+ in renovations in 2019 Complete renovation and remodel of all spaces - kitchens, bathrooms, living rooms, bedrooms, electrical, plumbing New HVAC for upstairs and downstairs New AC for upstairs AirBnB - averaging $8k+ per month (bookings June/July/August pre-quarantine were averaging $8500+ per month) Long Term Rental - comps to $3500 for upstairs, $1800 for garden level Amazing location in RiNo's vibrant neighborhood and its art galleries, working studios, boutique shops, breweries, wineries, top restaurants and nightlife. Walk, bike, Scooter, RTD or light rail going to DIA or to Coors Field, Downtown shops, restaurants & nightlife.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
