3401 W Milan Ave new Save Request In-Person Tour Request Virtual Tour
Denver,CO 80236
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 8,148 sqft
Price per Sqft $208
Subdivision Sheridan
MLS Listing ID 2059441
Bedrooms 12
Year Built 1982
Annual Tax Amount $6,580
Lot Size 0.280 Acres
Property Sub-Type Income Property
Property Description
Rare opportunity to own a fully renovated side-by-side townhome-style quadplex-a truly unique layout that lives like individual homes. This turnkey investment was completely overhauled in 2023 with high-end finishes and major systems replaced, making it ideal for investors or owner-occupants looking for a hassle-free, cash-flowing property. The building consists of three spacious 3-bedroom, 2.5-bath units and one 3-bedroom, 1.5-bath unit that is roughed-in and ready to be finished as a full 2.5-bath unit, maximizing rental potential.
Inside, each unit features luxury vinyl plank flooring, all new lighting, new interior doors and hardware, new windows, modern bathrooms with tiled tub surrounds and sleek vanities, and beautifully renovated kitchens with stainless steel appliances, granite countertops, and tiled backsplashes. Tenants enjoy in-unit washer and dryers, individual storage space in the basement, and private, home-like living.
Most major systems were upgraded, including new electric panels, HVAC systems, several new water heaters, and several new furnaces. The exterior has also been fully transformed with a new roof, fresh paint, new steel exterior doors, updated exterior lighting, new privacy fencing, a new retaining wall, and foam-leveled sidewalks for long-term durability and curb appeal.
Rent all four units as-is for immediate income, house-hack one unit while the others cover your mortgage, or explore subdividing the units and selling them individually as townhomes. With everything already done, this one-of-a-kind property offers endless upside and minimal effort-just close and cash flow. No showings without contract, property is fully leased. Do not disturb tenants. See supplements section for T12 Income Statement and Rent Roll. Photos are representative of the current condition of the units.
Location
State CO
County Arapahoe
Area Metro Denver
Interior
Heating Forced Air
Cooling Central Air,Ceiling Fan(s)
Exterior
Garage Spaces 10.0
Utilities Available Electricity Available,Cable Available
Roof Type Composition
Building
Lot Description Corner Lot
Story 2
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Sheridan
Middle Schools Sheridan
High Schools Sheridan
School District Sheridan 2
Others
Special Listing Condition Other Owner