2550 W 39th Ave, Denver, CO 80211

For Sale By Owner. Sold as-is. Great investment opportunity in popular Sunnyside/Highlands! (Note that many public records regarding this property are incorrect due to misinformation about its purchase in 2019 for $545K and rent estimates only include 2 units since there is no recent public data on one other unit that has been rented long term with no advertising. Current market suggested rent is $2424 - $2767 per month for each unit right now according to Rentometer) The seller is the ORIGINAL family owner and manages the building still. This courtyard Triplex has a current rental license with Denver County. The three 2-bedroom / 1 bath units are approximately 850 sf each with an additional 250 sf each of basement space for private laundry and secure storage for each unit. All units have been rented long term consistently over the years, however, we are not renewing leases expiring soon. The building has off-street parking for each unit and plenty of on-street parking. One unit is fully renovated, one partially renovated, and one needs some updating. All have original hardwood flooring in living rooms and bedrooms, some still protected under carpet. Endless opportunities are available on this oversized corner lot of 7500 square feet. A new owner could pursue splitting them into individual units for resale or raising the roofs to add additional marketable living space. There is a demand for senior or handicap housing and due to their near ground level entry ways, that could be possible as well. This is also a perfect house hack investment opportunity for a new owner to live in one of the units and rent out the others. Corner lot has a park like setting situated on a peaceful street, surrounded by charming homes and mature trees. Plenty of parking on and off-street always. Great location one block to Locavore, Northside's premiere natural grocery store and close to numerous popular cafes, shopping, restaurants, parks, and entertainment venues downtown. Trustee is a licensed real estate agent in Colorado and is one of the beneficiaries that has a financial interest. No phone calls please. EMAIL INQUIRIES to rentden@yahoo.com. All emails will be responded to.