345 S Utica ST, Denver, CO 80219
345 S Utica ST, Denver, CO 80219,Video Tour
345 S Utica ST, Denver, CO 80219
345 S Utica ST, Denver, CO 80219
345 S Utica ST, Denver, CO 80219
345 S Utica ST, Denver, CO 80219
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$ 850,000
Est. payment | /mo

9 Beds

3 Baths

2,376 SqFt


$ 850,000
Est. payment | /mo

9 Beds

3 Baths

2,376 SqFt

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Price per Sqft $357

Subdivision Irving Park

MLS Listing ID 3457455

Bedrooms 9

HOA Y/N No

Abv Grd Liv Area 2,376

Year Built 1942

Annual Tax Amount $3,662

Tax Year 2024

Lot Size 0.287 Acres

Acres 0.29

Property Sub-Type Triplex

Source recolorado

Property Description

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.

Location

State CO

County Denver

Zoning E-TU-C

Rooms

Basement Crawl Space

Interior

Interior Features Granite Counters, No Stairs

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Tile, Vinyl

Fireplace N

Appliance Disposal, Dryer, Gas Water Heater, Microwave, Oven, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Fence None

Roof Type Composition

Total Parking Spaces 3

Garage No

Building

Lot Description Level, Near Public Transit

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Knapp

Middle Schools Kepner

High Schools West

School District Denver 1

Others

Senior Community No

Ownership Corporation/Trust

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Special Listing Condition None

Virtual Tour https://my.matterport.com/show/?m=UUmERyozTEx

REColorado (REColorado MLS)
Listed by West and Main Homes Inc

NEARBY LOCATIONS

Sarah Thomsen
Sarah Thomsen

Agent | License ID: FA.100088335

+1(719) 304-4667 | sarah@modusrealestate.com

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345 S Utica ST