1734 W 40th Avenue, Denver, CO, 80211
- $1,685,000
Overview
- ImprovedLand, Land
- 4620 Sq Ft
Description
This is an amazing opportunity to own two lots in the heart of the highly sought after neighborhood of Sunnyside! Talk about house-hacking at its finest…. live in the gorgeous back lot carriage house, rent out the Airbnb attached to the garage (1734 W 40th) all while you scrape and build your dream home on the front lot (1736 W 40th). The carriage house and lot are exquisite! It’s an energy efficient, low maintenance property with owned solar panels and is all electric. The heat pumps provide heat and AC and there is spray foam insulation throughout. There is also an ERV air exchange system located in the attic which provides conditioned air and is needed to obtain good indoor air quality for green, energy efficient homes. The property offers all the beautiful, modern finishes with tons of natural light, a turfed/xeriscaped yard and patio space along with a large 2 car detached garage. 1734 also offers a fully licensed short-term rental ADU attached to the garage that brings in about $34,000 annually! Once your forever home is completed on the 1736 lot, rent out the carriage home long term (30 days or more) for approximately $5,500/month and keep the Airbnb! 1736 is a scrape, however, there were tenants until recently paying $1,650/month (this was since the sellers purchased in 2018 and rent was never increased). Due to Denver zoning and with 1734 being ALLEY ACCESS ONLY, YOU ARE UNABLE to sell these lots separately unless you sold one to someone on the same block with the alley access. There is a public dirt alley to the west side of 1734. The buyer can apply for an Alley Vacation with the City of Denver to try to combine the two lots that way (this is not guaranteed). To learn more about these wonderful properties, please have your agent send you the fact sheets located in supplements on the MLS or please email the listing agent and we’ll send them to you.
Address
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Address: 1734 W 40th Avenue
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City: Denver
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State/county: Denver
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Zip/Postal Code: 80211
Details
Updated on April 19, 2023 at 1:38 pm-
Property ID HZ3154815
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Price $1,685,000
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Property Size 4620 Sq Ft
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Property Type ImprovedLand, Land
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Property Status Active
Additional details
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PropertySubType ImprovedLand
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Subdivision Sunnyside
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Tax Year 2021
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Lot Features Level
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LotSize SquareFeet 4620
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LotSizeArea 0.11
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LotSizeUnits Acres
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HighSchool District Denver 1
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