865 Delaware Street, Denver, CO, 80204
  • $2,000,000

Overview

Property ID: HZ8582115
  • Townhouse, Residential
  • Property Type
  • 3
  • Bedrooms
  • 3
  • Bathrooms
  • 1
  • Garage
  • 4322 Sq Ft
  • Area Size
  • 1964
  • Year Built

Description

This one-of-a-kind investment opportunity is within a close-knit neighborhood of people (some being there up to 30 years) developing & cultivating this special location for future growth and appreciation. Its accessibility to major thoroughfares, as well as Downtown, and Cherry Creek, affords desirability on both commercial and residential investment opportunities and income. Having the ability to interchange, depending upon the market, is not only rare but priceless at the same time. This mid-century modern structure has been transformed into an Urban Modern Complex. The possibilities and potential of use are endless. Currently, the division of property allows for a commercial rental space complete with a reception area, 2 enclosed offices, Boardroom, kitchen and bathroom. The front garden gives way to a pleasant entry. Additionally, with ease, this space could immediately be converted into a high-return Airbnb. Research has shown that a basement-level small one-bedroom unit brings in $170/night and has a consistent rental roll. Comparatively speaking, one could surmise a $300/night rate for this type/kind of unit. The private and unassuming living quarters behind and above the aforementioned income unit can be accessed from either the front or rear of the structure. The security-locked gates gives that added peace of mind for the primary unit. The open living space is conducive for any type or size of entertaining and provides ambiance effortlessly from the design style, room lighting to the illuminated Onyx fireplace and hidden cocktail service bar. Entertaining or relaxing doesn’t end inside due to one of the best rooftop patios in the city. Enjoy al fresco dining or share day or night the wonderfully appointed outdoor living space complete with a firepit. The entire structure is insulated by mature landscaping and the beauty of sitting directly across from Sunken Gardens Park, one of Denver’s most hidden gems and rarely used. UrbanModernComplex.com/?a=1

  • Address: 865 Delaware Street
  • City: Denver
  • State/county: Denver
  • Zip/Postal Code: 80204

Details

Updated on February 16, 2023 at 4:35 am
  • Property ID HZ8582115
  • Price $2,000,000
  • Property Size 4322 Sq Ft
  • Bedrooms 3
  • Bathrooms 3
  • Garage 1
  • Year Built 1964
  • Property Type Townhouse, Residential
  • Property Status Active

Additional details

  • PropertySubType Townhouse
  • Subdivision Downtown
  • Tax Year 2021
  • Cooling CentralAir
  • Construction Materials Brick
  • Roof Other
  • Interior Features WetBar, BuiltinFeatures, EatinKitchen, FivePieceBathroom, WalkInClosets
  • Appliances Dishwasher, Disposal, Microwave, Range, Refrigerator, RangeHood, WineCooler
  • Fireplace Features Gas, LivingRoom
  • Lot Features NearPublicTransit
  • LotSize SquareFeet 4322
  • LotSizeArea 0.1
  • LotSizeUnits Acres
  • Security Features SecuritySystem, SecuredGarageParking
  • Patio And PorchFeatures Patio, Rooftop
  • Middle School Strive GVR
  • HighSchool West
  • HighSchool District Denver 1
  • ElementarySchool Dora Moore
  • Garage Spaces 2

Mortgage Calculator

Schedule a Tour

Your information

Contact Information

View Listings

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Similar Listings

Compare listings

Compare