2245 S High Street, Denver, CO 80210
Local realty services provided by:ERA New Age
2245 S High Street,Denver, CO 80210
$835,000
- 5 Beds
- 4 Baths
- 2,907 sq. ft.
- Townhouse
- Active
Listed by: harvey & guy homes team
Office: re/max of cherry creek
MLS#:3459564
Source:ML
Price summary
- Price:$835,000
- Price per sq. ft.:$287.24
About this home
Investor-ready opportunity in a prime location directly across from DU campus. Currently rented at $5,000/ month with no vacancy for over 10 years. Current lease in place until Aug 31, 2026. Lease for following year increasing to $5500. This spacious townhouse offers a highly functional layout designed to maximize rental income and tenant appeal, with a strong history of consistent occupancy and proven performance as an income-producing property. Tenants are currently in place, and the buyer will assume the existing lease agreement, providing immediate cash flow. The main level features a welcoming entry foyer, comfortable living room, and open-concept kitchen and dining area ideal for everyday living and entertaining. A main-floor bedroom and spacious half bath add flexibility for tenants and guests. Upstairs, two generously sized primary bedrooms each include full en-suite bathrooms, while a separate laundry room with washer and dryer included adds convenience. The finished basement expands the living space with a sizable family room, two large secondary bedrooms, and a 3/4 bathroom, offering excellent versatility and a strong bedroom count for premium rental potential. Exterior highlights include a classic red brick facade with charming covered front porch, a private backyard featuring patio space, and an oversized detached two-car garage with additional storage space. With its unbeatable proximity to the university, solid rental history, turnkey investment profile and a cap rate above 6% this property presents a rare opportunity for investors seeking immediate income and long-term appreciation....
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Home facts
- Year built:2004
- Listing ID #:3459564
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:2
- Half bathrooms:1
- Flooring:Carpet, Tile, Wood
- Bathrooms Description:Five Piece Bath
- Kitchen Description:Cooktop, Dishwasher, Disposal, Eat-in Kitchen, Kitchen Island, Microwave, Range, Refrigerator, Self Cleaning Oven, Warming Drawer
- Basement:Yes
- Basement Description:Bath/Stubbed, Finished, Full, Interior Entry
- Living area:2,907 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
- Central air:Yes
Structure and exterior
- Roof:Composition
- Year built:2004
- Building area:2,907 sq. ft.
- Lot area:0.06 Acres
- Lot Features:Near Public Transit
- Construction Materials:Brick, Frame, Wood Siding
- Exterior Features:Covered, Front Porch, Lighting, Patio, Private Yard, Rain Gutters
- Levels:2 Story
Schools
- High school:South
- Middle school:Grant
- Elementary school:Asbury
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$835,000
- Price per sq. ft.:$287.24
- Tax amount:$4,532 (2024)
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Smoke Detector(s), Window Coverings
Parking
- Total parking spaces:2
- Parking description:Exterior Access Door, Lighted, Oversized
- Garage:Yes
- Garage spaces:2
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