Turnkey 4-unit income property in a high-demand rental corridor near Regis University, currently operated as an up/down 4-plex with strong rent performance and minimal capital needs. At asking price, the property offers an estimated 6.2% cap rate based on current market rents, a strong return for the Denver multifamily market. Four separately accessed units (8 beds / 4 baths / 4 kitchens) each with washer/dryer hookups and dedicated living spaces create flexible tenant configurations and reliable cash flow. Property was renovated three years ago it has been well-maintained and is in good condition, reducing near-term maintenance risk and supporting future rent growth. Two oversized 1-car garages offer immediate income streams, while the large 13,300 sq ft lot presents a longer-term redevelopment play to scrape and build higher-end duplex product with mountain views, subject to buyer verification of zoning and entitlements.
Listing courtesy of Brady Efting.
brady@bradyefting.com
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