3121 W 17th, Denver, CO 80204

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

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

Selling Office: ACTION PROPERTIES INC.

Sold Price
$825,000
List Price
$874,000
Closing Date
Mar 21, 2024
Type
Multifamily
Status
CLOSED
MLS Number
6791795
Finished Sqft
1,894
Above Grade Sqft
1894
Total Sqft
1894
Subdivision
Sloan's Lake
Sub-Area
Sloan's Lake
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

School District
Denver 1
Elementary School
Cheltenham
Middle School
Skinner
High School
North
Garage Spaces
3
Parking Spaces
3
Parking Features
Concrete, Oversized, Tandem
Basement
Crawl Space
Lot Size
5,850
Acres
0.13
Taxes
$2,900
Tax Year
2022
View
City

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