379 S Meade St Denver, CO 80219

Excellent investment opportunity in Denver's thriving Westwood neighborhood. This 4 bedroom, 1 and 1/2 bath home is tenant occupied through Denver's Section 8 program offering secure rental income with a 14+ year rental history. Tenant is on a month-to-month basis but would like to remain in the property. E-TU-C zoning allows for two unit development to add density and look for potential assemblage opportunities. For the owner occupant, this home offers a spacious basement footprint with a large laundry room that could be reconfigured to allow a basement bathroom expansion to add a shower/tub. Additional features include larger basement bedrooms with egress windows in place, upgraded furnace and hot water heater, newer sewer line with clean-outs and roof. Ample off street parking and large backyard for room to play and expand the building footprint. Denver's Westwood neighborhood is well located to Downtown Denver and is experiencing residential growth with favorable zoning for new development and proximity to downtown. Property will be sold in As-Is condition with a sale lease back structure to allow Tenant the identity a replacement property and move.
Several options to consider with this great property and secure rental income in place.