Undisclosed Address #8619051Denver, CO 80206

7.7% CAP RATE! Excellent opportunity to own a fully remodeled triplex close to Denver's popular RiNo district! This listing is for 4435, 4445, and 4455 Elizabeth. This property is a low-maintenance gem that provides plenty of options for an investor. The 3 units together add up to an impressive rent roll. With their stylish finishes and cute exterior, they are easy to fill with no vacancies/gaps. An investor could choose to keep the long term leases, or eventually house hack by living in one unit and offering the other two as rentals for a fabulous income upside. The units are are also split into individual parcels so they could be sold off as individual townhomes, or recombined into one parcel.
All three units are ~850sqft, 2beds/1bath and all offer sunny, spacious living areas and bedrooms, plus 10' vaulted ceilings throughout (bedrooms included)! The kitchens feature space for an eat-in table, and also have new white shaker cabinets, quartz countertops, stainless steel appliances, and chic backsplashes! Every bathroom has been redone with modern tile and vanities. Additional recent upgrades in this triplex include; AC units, roof, windows, appliances, tankless water heaters and high-end Samsung W/D in each unit, and a sprinkler system to boot. All units feature private, fenced-in yards and off-street parking spots in the back & sides. Additional storage space are included in the backyard storage sheds in 4435 and 4455, as well as crawl spaces under each unit. With all the recent upgrades, this is an incredibly low maintenance property and offers phenomenal options and upsides for a savvy investor!
These units are located walking distance from RiNo hotspots such as Brasserie Brixton, Cohesion Brewing, Bigsby's Folly, and the Mission Ballroom! They are less than 10 minutes from downtown Denver and City Park and walking distance to the new Central-70 Cover Park and Dunham Park. Denver has committed to hundreds of millions of dollars in upgrades in this area!