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1625 N Downing St Denver, Colorado 80218 MLS# 2770715
Gorgeous turn of the century mansion in a row of similar houses currently used as primary homes and offices. Great street presence! New exterior paint, New sewer line, 2 AC units, 2 furnaces, all original woodwork inside - absolutely beautiful! Live in the entire home, or rent out the attic as a private apartment and/or the basement as a private apartment. All zoned and updated for this use. Great price for the Square Footage. This is a great investment!! Taxes are not $30K. Change of use has been approved to residential and taxes are being reassessed. Basement and Attic each rent for $2K/month Main house - 2 levels rents for $6K/month. Largest lot on the block which could accommodate a 4 car garage and an ADU to generate more income! Get a conforming conventional 3 unit loan or FHA.
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