Denver, CO 80219

Property Description

This well-maintained four-bedroom, two-bathroom townhouse in a common-wall development offers a stable and attractive investment opportunity with long-term tenants already in place. Located in a high-demand rental market, the property presents an excellent chance for minor upgrades to further increase rental income. The home’s entrance is conveniently situated on the south side via W Nevada Pl, with a community parking lot providing two designated spaces per unit. The upper level features a spacious living area with high ceilings, one full bathroom, and one bedroom. The above-grade lower level includes three additional bedrooms, another full bathroom, and a walkout access to W Alameda Ave from one of the bedrooms. A reliable long-term tenant has occupied the property for over five years, ensuring consistent rental income. Additionally, the seller owns 4560 W Alameda Ave, the adjoining common-wall property, as well as 4580 and 4582 W Alameda Ave. Each property is listed individually but can be purchased as a portfolio package for a larger investment opportunity. The 4560 W Alameda Ave unit has an identical layout with higher rent, while 4580 and 4582 W Alameda Ave have slightly smaller layouts. This is a rare opportunity to acquire a high-performing rental property in a thriving rental market. Listing Broker shares ownership of the property.