345 S Utica Street

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.