929 S Raleigh ST Denver, CO 80219

Rare investment opportunity in the highly desirable Denver location. This property is packed with 2 units of 2 bed-1 bath currently rented for $1350,$1300, and a non-conforming basement studio type currently rented for $700. Unit 1 and 2 are equipped with a dishwasher, heat-gas, laundry room/ hookups, refrigerator, stove, and oven. The basement studio comes with a laundry room/ hookups, refrigerator, stove, and oven. This prime location provides quick access to downtown Denver, highways, Light Rail station, Belmar Shopping Center, and the Broncos Stadium. Great income-producing rental property and currently believed to be rented under market value. HUGE ADDITIONAL UPSIDE POTENTIAL. The current annual net income is $30,800. Projected Annual Net Income of $32,600 and Cap Rate of 6.5% advertised is based on conservatively increased rents. All three units have great tenants and have maintained the property very well. Come get this great rental property for any buyer! One of the units includes square footage that used to be a garage. Buyer to confirm all square footage since it doesn't match public records and is approximate. PLEASE CALL ROXANE WEBSTER AT 303-759-8522 WITH QUESTIONS AND SUBMIT ALL CONTRACTS' TO [email protected].