$800,000
FOR SALE915 26th Street
Denver, Co, 80205
MLS #8316191
Subdivision: Shaffenburgs
Building: -
5 Beds
3/- Baths
2070 sqft
$ 386.47 /sqft
Investor special, house-hack dream, or high-upside development play915 26th Street is a truly rare opportunity in the heart of RiNo. With over $57,000 in average annual income over the past three years, this property is already performing at roughly a 7% cap ratemaking it an excellent cash-flowing asset from day one. Whether you're looking for a fully turnkey rental/Airbnb, a creative house-hack setup, or a future development site, this one has the flexibility and numbers to back it up.The current layout offers multiple configurations, but one of the most appealing aspects is the fully locked-off primary suite. Complete with its own private entrance, kitchen, and full bath, this studio-style space is perfect for short- or long-term rental, or for an owner-occupant who wants to live on-site while offsetting their mortgage. Live in the suite and rent out the rest of the homeor flip it and rent the suite while enjoying the rest of the home yourself. The options are endless.For developers or visionaries looking for a larger project, theres also tremendous upside. Similar-sized single family homes in the area are selling for upwards of $1.6 million. With a smart reconfiguration and remodel, this property could easily be transformed back into a large, luxurious residence in one of Denvers most historic and fastest-growing neighborhoods.To make things even easier, all furnishings and accessories can be included with the right offermaking this a truly turnkey investment. Whether you're looking to generate income immediately or build value long-term, this property delivers.In the heart of RiNo, and close to downtown Denver, the light rail, and some of the citys best restaurants and breweries, the location is unbeatable. Dont miss your chance to own a versatile, income-producing property with serious upside. Compare it to anything else on the marketyou will not be disappointed!
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Listing Courtesy of: Thrive Real Estate Group