Villa Park Homes with Triplex Subtype

Villa Park Homes with Triplex Subtype

Welcome to Villa Park, a hidden gem nestled in the vibrant city of Denver, Colorado. This charming neighborhood is known for its friendly atmosphere and eclectic mix of residents, making it a perfect place for families, young professionals, and retirees alike. With its tree-lined streets and a rich sense of community, Villa Park offers a welcoming environment that feels like home.

One of the standout features of Villa Park is its diverse array of housing options, particularly the triplex homes that are increasingly becoming a sought-after choice for buyers. These triplex properties provide a unique opportunity for homeowners to invest in multi-family living while enjoying the benefits of a single-family home. Imagine owning a spacious triplex where you can live in one unit and rent out the others, generating additional income while staying close to your loved ones.

The neighborhood is conveniently located near major highways, making commutes to downtown Denver and surrounding areas a breeze. Residents can enjoy easy access to a variety of parks, including the beautiful Villa Park itself, which offers trails, playgrounds, and picnic areas for family fun and relaxation. Additionally, the nearby shopping and dining options cater to every taste, from local eateries to trendy boutiques.

With its charming homes, community spirit, and prime location, Villa Park is an ideal place to call home. Explore the possibilities of triplex living in this delightful neighborhood and discover the perfect blend of comfort, convenience, and community!

Newest Villa Park Homes with Triplex Subtype

$799,000
6 Beds 3 Baths 2777251 MLS
Priced reduced again to attract strong interest! This is now priced below market for a quick sale! Seller is open to reviewing all offers. Triplex and Covered Land Play with Strong In-Place Income on a Rare 12,500 SF Double Lot. 1000 Tennyson St is a 3-unit situated on an oversized 12,500 SF double lot in one of Denver’s rapidly evolving urban corridors. This asset offers investors a compelling combination of stable cash flow today and significant future development upside. The property consists of three updated residential units plus a detached garage, generating $75,180 in annual gross income and $65,003 in NOI, equating to a 8.14% cap rate at the list price. All units have been updated over the ownership, providing immediate operational stability with minimal near-term capital requirements. Beyond the high cap rate/cash flowing income, the true value lies in the land. The oversized double lot creates a clear and executable path for redevelopment. By right, an investor can split the lot and construct two duplexes (4 total units) without rezoning. For those seeking higher density, the City has indicated the potential to develop up to 20 units with a successful rezoning, making this a prime long-term hold or redevelopment opportunity. Whether you’re an investor looking to land bank with strong yield, or a developer seeking a scalable infill project in a high-demand Denver location, 1000 Tennyson delivers flexibility, income, and upside.

1000 N Tennyson Street, Denver

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