$1,375,000 Price Analysis 2903-2905 W 39th AveDenver, CO 80211 6 bed 4 bath 3,858 SqFt ($356/SqFt) 6,440SqFt lot. Built 1966 Listed 2024-06-08 | Ⓧ USDA Ineligible due to price & location near Denver |
Residents here enjoy the convenience of downtown amenities and quick access to both I-70 and I-25. This is a perfect opportunity to house hack and take advantage of the lower interest rates by living in 1 unit and renting out the other. Investors have 5 potential income producing options besides splitting the current two units. The garden level basements have the potential to separate into 1- or 2-bedroom, 1-bath units each, due to the exterior door access. The front unit could easily be converted into a 4 bedroom, 2 bath, due to the layout of the basement. The 2-car detached garage was originally a small home with utilities, so the additional 400 sf upper level with existing access door could become a valuable ADU. This solid brick one-owner duplex boasts vast living areas throughout & has natural lighting on each level. The main levels have large kitchens with dining space, extra-long living rooms, 2 bedrooms, & 1-ba th each. The upper main rooms & halls have recently refinished original hardwood floors. The above ground lower levels have spacious rec/living rooms & an additional bedroom & bath each. The rear unit has a kitchenette area. Each side has a utility room with laundry sink/equipment, newer 50 gallon hot water tanks and plenty of storage. The building has energy efficient hot water heating & evaporative cooling. The roofs have high impact shingles & gutters as of April 2024. The back unit has some recent remodeling. The backyard area has potential for added outdoor living spaces. The corner lot offers an abundance f on-street parking in addition to the garage. The building has a current Denver County rental license & has been rented long-term. Dont miss your chance to make this property a lucrative addition to your portfolio or money-making primary residence!
Listing agent is related to seller. Jamie Coffman, HomeSmart,.
Presented by Jamie Coffman at
HomeSmart .
Property MLS #9213788 from REcolorado
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.