3820 Vrain Street, Denver, CO 80212

$1,000,000
4
BD
3
BA
2,274
SqFt

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Courtesy of Your Castle Real Estate Inc . lauren@envisionrea.com,720-815-8351

Selling Office: Kentwood Real Estate Cherry Creek.

Sold Price
$1,000,000
List Price
$999,999
Closing Date
Sep 15, 2023
Type
Multifamily
Status
CLOSED
MLS Number
2319446
Finished Sqft
2,274
Above Grade Sqft
2274
Total Sqft
3234
Subdivision
Berkeley
Sub-Area
Berkeley
Year Built
1910

Property Description

HOUSE HACKER DREAM // MOVE IN READY This 3 unit home is in excellent condition and has so many possibilities of uses to generate income for both owner occupant/house hackers or investors. Located in the highly desirable Berkeley Neighborhood 2 blocks away from 38th and Tennyson that provides the convenience to many of the best restaurants and bars in Denver. For a house hacker to maximize your income you can consider a few options 1) live in the 1/1, short term rent the 2/1, and long term rent the other 1/1.($70,200 gross annual rent!) You can always use the short term rental when family and friends are in town. 2) live in the 2/1, rent a the other bedroom (or not for full privacy), short term rent one and long term rent the other or long term rent both 1/1. 3) Accommodate multi-generational living. Traditional investors have the opportunity to do a few light upgrades to increase rental income and have the opportunity to medium term rent one of the units for maximum returns. The home has gone through the Denver Real License program. Improvements Include roof and gutters in 2017, boiler replaced in 2005, siding and windows in 1996, beautifully landscaped front yard, and partial fenced in backyard. The building features separately metered electrical meters, 1 gas meter and 1 water meter. The large basements offers a ton of storage for everyones camping gear and other items. The offering memorandum is available in the MLS supplement documents with full financials for both investor or house hacker. Please ask your agent to send it to you or reach out to me directly. The property is currently occupied by tenants and showings will only be offered during a showing window on Friday and Saturday.

Additional Information

School District
Denver 1
Elementary School
Centennial
Middle School
Strive Sunnyside
High School
North
Basement
Full
Lot Size
6,000
Acres
0.14
Taxes
$4,557
Tax Year
2022

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