345 S Utica Street, Denver, CO 80219
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
345 S Utica Street,Denver, CO 80219
$850,000
- 9 Beds
- 3 Baths
- 2,376 sq. ft.
- Multi-family
- Active
Listed by: alec short
Office: west and main homes inc
MLS#:3457455
Source:ML
Price summary
- Price:$850,000
- Price per sq. ft.:$357.74
About this home
Exceptional investment opportunity in a prime Denver location just minutes from Belmar and convenient public transportation. This solid brick triplex features three open-floor plan 3-bedroom, 1-bath units, a highly desirable unit mix that supports strong rental demand. Unit 345 is currently rented and tenant is on a month-to-month lease.
Each unit offers a functional layout, in-unit washer and dryer, and a dedicated off-street parking space, providing added convenience for tenants. Two of the three units have been updated with granite countertops and durable LVP flooring, allowing for higher rental income, while the third unit presents additional value-add potential.
Recent capital improvements include a partial replacement of the main sewer line within the last five years, offering peace of mind for future ownership. The property’s classic brick construction adds to its long-term durability and low-maintenance appeal.
Additional upside includes the potential to party wall the units and zoning that allows for additional unit development, creating multiple pathways to increase value and maximize returns.
Ideally suited for investors, house hackers, or 1031 exchange buyers, this property offers flexibility and upside in a desirable location near shopping, dining, and transit. Live in one unit and offset your mortgage with rental income, or maximize returns by leasing all three units....
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Home facts
- Year built:1942
- Listing ID #:3457455
Rooms and interior
- Bedrooms:9
- Total bathrooms:3
- Flooring:Carpet, Tile, Vinyl
- Kitchen Description:Disposal, Microwave, Oven, Range, Refrigerator
- Basement:Yes
- Basement Description:Crawl Space
- Living area:2,376 sq. ft.
Heating and cooling
- Heating:Forced Air, Natural Gas
Structure and exterior
- Roof:Composition
- Year built:1942
- Building area:2,376 sq. ft.
- Lot area:0.29 Acres
- Lot Features:Level, Near Public Transit
- Construction Materials:Brick
- Levels:1 Story
Schools
- High school:West
- Middle school:Kepner
- Elementary school:Knapp
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$850,000
- Price per sq. ft.:$357.74
- Tax amount:$3,662 (2024)
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Gas Water Heater
Parking
- Total parking spaces:3
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