5215 Osceola St, Denver, CO 80212

Property Description

Partnering with our preferred lender, we're offering a 1% LENDER CREDIT to help your buyer with closing costs or a rate buydown. Contact listing agent for details. A true Denver rarity: a fully turnkey 3-unit income property in the heart of Berkeley, and thanks to its unincorporated Adams County address, one of the few in the metro exempt from Denver's restrictive STR rules. No owner-occupancy requirement. No cap on units. Just pure investment flexibility. Live upstairs in the sun-filled 2BR/1BA, tuck family or guests into the basement's private 2BR/1BA suite with its own entrance and full kitchen, and let the detached ADU, freshly outfitted with a 2022 mini-split, work as a private retreat or its own income stream. The ADU adds another bedroom and bathroom to the mix, plus 632 additional square feet not reflected in the listed square footage, making it truly a 5 bed, 3 bath and almost 2500 square feet giving this property even more upside than the numbers show. Currently a professionally managed Airbnb portfolio under Atomic Stays, boasting two full years of documented income and guest ratings north of 4.8 stars. Run it as a short-term cash machine, a mid-term rental, a long-term hold, or move in and let the other units pay your mortgage, the choice is yours. Freshly upgraded with a replaced basement sewer line, new basement flooring, and updated finishes throughout, plus a 2-car garage and storage shed for even more value. DSCR financing available using the property's own real numbers. Opportunities like this don't sit on the market long.