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+17209495525
You 1st Realty
5215 Osceola St, Denver, CO 80212
- $795,000
- 4
- BD
- 2
- BA
- 2,032
- SqFt
Listing courtesy of Craig Curelop.
Craig@thefiteam.com,720-650-2213
- List Price
- $795,000
- Status
- ACTIVE
- Price Change
- ▼ $105,000 1790633298
- MLS#
- 3230268
- Subtype
- Residential
- Style
- Cottage
- Year Built
- 1955
- Bedrooms
- 4
- Bathrooms
- 2
- Full Baths
- 1
- Living Area
- 2,032
- Acres
- 0.18
- Subdivision
- Berkley Gardens
- Neighborhood
- Metro7/NSW
- MLS Area Major
- Metro Denver
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 over 2600 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.
Additional Information
- Taxes
- $3,613
- Property Description
- Cottage
- Zoning
- R-2
- Appliances
- Dishwasher, Refrigerator, Washer, Dryer, Microwave, Fire Alarm
- Heating
- Forced Air
- Air Conditioning
- Central Air
- Levels
- One
- Roof
- Composition
- Parking Features
- Detached
- Garage Spaces
- 2
- School District
- Westminster Public Schools
- Elementary School
- Tennyson Knolls
- Middle School
- Tennyson Knolls
- High School
- Westminster
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Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID. 
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.