Property Description

loans Lake lifestyle and proven income generation without the $1M+ price tag. Whether youre an investor seeking immediate cash flow with future upside, or an owner-occupant looking to house-hack, this versatile property delivers unmatched potential just minutes from the water and downtown Edgewater.The upper level features an open-concept main floor connecting the kitchen, living, and dining spaces into one expansive great room beneath striking vaulted ceilings. Major capital expenditures are already handled, including a brand-new furnace and central A/C installed in 2023.Proven Income & House-Hack Ready:The fully independent basement apartment is a turn-key revenue engine, having operated as a consistent short-term rental for the past six years with significant, documented historical income. Keep running it as a high-yield STR/LTR to offset your mortgage, or utilize it as a private multi-generational/in-law suite.Major Development & Value-Add Upside:Situated on an oversized 10,000 sq ft lot zoned R-MF (Residential ? Multi-Family), this parcel offers significant development potential. In an immediate corridor where similarly sized lots are being redeveloped into 5?6 townhome units, this property presents a rare land-banking and future build opportunity. In the near term, the deep lot easily accommodates an ADU or the build-out of the existing detached backyard shed, which is already drywalled with electrical run.Unbeatable location just blocks to Edgewater Public Market, local dining, and the shores of Sloans Lake, with seamless access to Downtown Denver and 6th Avenue for quick mountain getaways.

Property Features

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