3217 N Raleigh St, Denver, CO 80212

Property Description

Exceptional opportunity in one of Denver's most sought-after Highlands neighborhoods! This property offers incredible potential for investors, owner-occupants, or buyers looking to renovate and build equity in an unbeatable location. Just a short walk to Highland Square, you'll enjoy easy access to some of Denver's favorite locally owned restaurants, coffee shops, breweries, boutiques, and neighborhood events. The vibrant Tennyson Street district and Sloan's Lake are also just minutes away, making this an ideal location to experience one of the city's most desirable urban neighborhoods. The main residence features 4 bedrooms, 2 bathrooms, a finished basement, central air conditioning, a private backyard, and a two-car carport with convenient alley access. The property is being sold in its current condition and requires updating and repairs, presenting an outstanding opportunity for buyers looking to restore, renovate, or personalize a home in a premier location. A rare and valuable feature is the legal Accessory Dwelling Unit (ADU) permitted under U-SU-B zoning. The two-story ADU includes 1 bedroom, 2 bathrooms, and a kitchen, offering exceptional flexibility for rental income, multigenerational living, guest accommodations, or a private home office. The ADU previously rented for $1,752 per month in its current condition, providing immediate income potential with additional upside through future improvements. Seller will consider a roof credit with an acceptable offer. Whether you're searching for a value-add investment, a renovation project, or a home with built-in income potential, this is a rare opportunity to own a legal ADU property in one of Denver's most desirable neighborhoods. Seller will share plans that were drawn up for a remodel if requested.