4401 W 31st Avenue, Denver, CO 80212

4401 W 31st Avenue is a $1,575,000, 2,670 square foot, 5 bedroom, 3.0 bath home on a 0.14 acre lot located in Denver, CO.

Seller’s Description

Seize an extraordinary investment prospect nestled in the heart of the highly coveted Highlands/Sloans Lake area. Meticulously maintained throughout the years, this residence radiates a timeless charm. Presenting a 5-bedroom (including one non-conforming)/3-bathroom duplex. The front unit holds many possibilities, with the potential for conversion into a two units – an upper level and a basement unit boasting its own private entrance. By doing so, a triplex configuration is possible, maximizing the income potential. Alternatively, the flexibility remains to live in one unit while leasing the others. Explore the option of building a new duplex with awe-inspiring city and mountain views, in compliance with zoning regulations of course. Alternatively, expand with a second level on the existing duplex for added space. The horizons of this property are genuinely limitless. Upon arrival, you're greeted by the front unit, where concealed wood floors under the carpet hint at the character awaiting exposure. This unit has been meticulously cared for and features a captivating Mid Century Modern ambiance, particularly evident in the basement unit. Both the front and back units boast individual furnaces and water heaters, ensuring utility separation. The back unit has undergone updates, including fresh paint and contemporary LTV flooring, rendering it an impeccable rental prospect. An oversized detached brick garage caters to the parking needs of one unit or conveniently shared by tenants or owner occupants. Embrace the prospect of this remarkable income property, tailor it to your vision, and claim an exceptional asset in a highly sought-after location. Don't miss this chance – secure this investment marvel and craft your unique narrative.