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$1,950,000
12 Beds ⋅ 15 Baths ⋅ 3255109 MLS
Introducing a prime investment opportunity at 1273 Meade Street, Denver, CO. This meticulously crafted, 7,181 SF building offers three units, each boasting the benefits of a modern design and top-tier construction, reflecting the essence of luxury living. Conveniences include proximity to the RTD Light Rail Station, ensuring easy transit access. With G-MU-3 zoning, low management responsibilities, and separate utility metering for each unit, this property presents an exceptional investment for the smart Multifamily / Single Family Rental Portfolio investor. Built in 2024, it promises long-term value and appreciation in one of Denver's most dynamic neighborhoods. Brand New Build: Enjoy the benefits of a modern design, high-quality construction, ease of management. Convenient Access to RTD Light Rail: Located 4.5 Block from the Perry St Light Rail Station Thriving & Growing Submarket: Situated in one of Denver’s most dynamic and rapidly growing neighborhoods, ensuring long term value and appreciation. Low Management Responsibilities: All of the Utilities are separately metered allowing the Landlord to enjoy low management responsibilities. Each Tenant has their own account for Utilities and pays in addition to their monthly rent.

1273-1283 Meade Street, Denver
$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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