345 S Utica, Denver, CO 80219
345 S Utica, Denver, CO 80219,Video Tour
345 S Utica, Denver, CO 80219
20
See all 19 photos
$850,000
Est. payment /mo
9 Beds
3 Baths
2,376 SqFt
Active

345 S Utica Denver, CO 80219

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Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,376 sqft

Subdivision Irving Park

MLS Listing ID IRE3457455

Bedrooms 9

HOA Y/N No

Year Built 1942

Annual Tax Amount $3,662

Tax Year 2024

Lot Size 0.290 Acres

Acres 0.29

Source ires

Property Description

Exceptional investment opportunity in a prime Denver location just minutes from Belmar and convenient public transportation. This solid brick triplex features three open-floor plan 3-bedroom, 1-bath units, a highly desirable unit mix that supports strong rental demand. Unit 345 is currently rented and tenant is on a month-to-month lease.

Each unit offers a functional layout, in-unit washer and dryer, and a dedicated off-street parking space, providing added convenience for tenants. Two of the three units have been updated with granite countertops and durable LVP flooring, allowing for higher rental income, while the third unit presents additional value-add potential.

Recent capital improvements include a partial replacement of the main sewer line within the last five years, offering peace of mind for future ownership. The property's classic brick construction adds to its long-term durability and low-maintenance appeal.

Additional upside includes the potential to party wall the units and zoning that allows for additional unit development, creating multiple pathways to increase value and maximize returns.

Ideally suited for investors, house hackers, or 1031 exchange buyers, this property offers flexibility and upside in a desirable location near shopping, dining, and transit. Live in one unit and offset your mortgage with rental income, or maximize returns by leasing all three units.

Location

State CO

County Denver

Community Irving Park

Area Metro Denver

Zoning E-TU-C

Rooms

Basement Crawl Space

Interior

Heating Forced Air

Appliance Refrigerator, Washer, Dryer, Microwave, Disposal

Exterior

Parking Features Off Street

Garage Spaces 3.0

Utilities Available Natural Gas Available, Master Meter-Gas, Separate Meter Electricity

View Y/N No

Roof Type Composition

Garage Yes

Building

Lot Description Level

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Brick

New Construction false

Schools

Elementary Schools Knapp

Middle Schools Kepner

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

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Information and Real Estate Services (IRES)
Listed by Alec Short

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

Jerid Wempen

Jerid Wempen

Broker

+1(720) 297-4020

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345 S Utica