3121 W 17th, Denver, CO 80204

$825,000
5
BD
2
BA
1,894
SqFt

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Sold Price
$825,000
List Price
$874,000
Closing Date
Mar 21, 2024
Type
Multifamily
Property Sub Type
Duplex
Status
CLOSED
MLS Number
6791795
Bedrooms
5
Bathrooms
2
Sqft Total
1,894
Year Built
1953

Property Description

Welcome to an outstanding real estate opportunity conveniently nestled near the picturesque SLOAN'S LAKE and near (0.2 mi) EMPOWER FIELD at Mile High, home to our beloved Denver Broncos and just 4 blocks from Sloan Lake. This property, located in one of the city's most sought-after neighborhoods, offers a unique blend of location, versatility, and potential. This expansive property consists of two distinct units: Unit "A" features THREE BEDROOMS and one bathroom, while Unit "B" offers TWO BEDROOMS and one bathroom PLUS DEN, each unit with its own separate entrances. This arrangement is perfect for anyone seeking to maximize their investment by hosting long-term or (AIRBNB or VRBO) short-term rentals to help offset mortgage costs. Currently, the back unit is already rented, providing IMMEDIATE INCOME. According to the Denver Zoning Code, what truly sets this property apart is its zoning status. It falls under the G-MU-3 zoning, allowing for a variety of future development possibilities with a maximum building height of three stories. This opens up the potential for compelling opportunity for future development or garage conversion for an additional unit. Furthermore, ample parking space is available, thanks to a spacious 3-CAR GARAGE that is currently not rented and FOUR OFF-STREET parking spots. Whether you're an investor looking for a lucrative venture or a homeowner with a vision, this remarkable opportunity is not to be missed.

Additional Information

View
City
Lot Size Acres
0.13
Lot Size Sq Ft
5,850
Tax Amount
$2,900
Exterior Features
Private Yard
Water Source
Public
Sewer
Public Sewer
Basement Type
Crawl Space
Heating
Forced Air
Cooling
Room, Central Air
School District
Denver 1
Elementary School
Cheltenham
Middle Or Junior School
Skinner
High School
North

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Calculator source: Real Geeks

Courtesy of Keller Williams Realty Urban Elite . tia@tdjonesproperties.com,720-722-1875

Selling Office: ACTION PROPERTIES INC.