2042 S Josephine #3 and 4 Denver, CO 80210

Attached Up/Down Duplex with lower unit a garden level. Steps to University of Denver campus and is surrounded by restaurants, parks, and shops and sits halfway between downtown and DTC, both easily accessible by public transit, light rail just a few blocks away. No HOA. Open floor plan. Enjoy easy access to I-25, Observatory Park, Wash Park, DTC, Downtown Denver, Cherry Creek and Front Range. Quick move-in possible! Rare four off-street parking spaces (tandum). Utility room with full size washer and dryer.

This property is currently configured with 2 bedrooms. Proforma features converting living room to third bedroom with a closet. See proposed floor plan in photos. Proforma rents based on adjacent DU housing complex which rents 3 bedroom units for $1,100 PER bedroom. Proforma uses $1,000 per bedroom for rents. Even better Cap Rate if you go head to head with Student Housing and change going rate. Zillow rental rates show as per unit but you can call the housing department and confirm the price is per bedroom. Lots of upside with this property by simply adding a wall and closet.

Access to unit is down alley on North side of property and then to the front doors on the South side of the property.

Ownership of other units on the property is by other parties.