80204 Homes with Quadruplex Subtype

80204 Homes with Quadruplex Subtype

Welcome to the vibrant heart of Denver, Colorado, where the zip code 80204 offers a unique blend of urban sophistication and suburban charm. Nestled within the bustling city, this area is known for its rich cultural scene, diverse neighborhoods, and easy access to some of the best amenities Denver has to offer. Whether you’re a first-time homebuyer, an investor, or looking for a family-friendly community, 80204 has something for everyone.

One of the most intriguing property options in this zip code is the quadruplex. These multi-family homes are perfect for those looking to maximize their investment potential while enjoying the benefits of living in a thriving community. A quadruplex allows homeowners to occupy one unit while renting out the other three, providing a steady stream of income and making homeownership more affordable. This type of property is particularly appealing in Denver's competitive real estate market, where demand continues to rise.

Living in 80204 means you’ll be surrounded by an array of parks, local shops, and dining options that reflect the diverse culture of Denver. With easy access to public transportation and major highways, commuting to downtown Denver or exploring the scenic beauty of the Rockies is a breeze.

In summary, the 80204 zip code is not just a place to live; it’s a lifestyle choice that embraces community, convenience, and opportunity. Whether you’re drawn to the investment potential of a quadruplex or the vibrant atmosphere of Denver, this area is ready to welcome you home.

Newest 80204 Homes with Quadruplex Subtype

$1,249,000
5 Beds 4 Baths 4673068 MLS
Awesome covered-land play opportunity! This exceptional corner lot offers a fantastic development opportunity on a 9,370-square-foot site with U-RH-3A zoning, ideally located just one block from the coveted Sloan's Lake Park. The existing units benefit from strong rental demand, quick leasing, and phenomenal tenant retention, making this an attractive opportunity for both immediate income and future development potential. Adding to the appeal, the City of Denver plans to invest $50 million in improvements to Sloan’s Lake, including shoreline restoration and water-quality improvements. These significant enhancements are expected to further improve the surrounding area and enhance the long-term appeal of the property. Immediate income upside: Two family members currently occupy two of the units at below-market rents. Bringing both units to market rents supports an estimated 4.5% cap rate. The family member occupying the two-bedroom unit is vacating by the end of October, creating an opportunity to increase annual rental income by more than $7,500. The family member residing at 1591 Utica is currently on a 30-day notice at a discounted rental rate. Bringing this unit to market rent could increase annual income by more than $9,000. With strong existing rental performance, significant near-term income upside, desirable zoning, and a prime location near Sloan’s Lake, this property presents an excellent combination of current cash flow and future development potential. Showing Instructions: Listing agent Will McKinlay must be present for all showings. Please provide tenants with at least 24 hours’ notice prior to any showing.

4500 W 16th Avenue, Denver

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