735 S Krameria Street, Denver, CO 80224

Property Description

Redevelopment opportunity in a highly desirable Denver location. This 3-bedroom, 1-bath single-family home offers flexibility for homeowners, investors, or buyers looking for future potential. The 828-square-foot home features the living room and kitchen toward the front of the property, with the bedrooms and bathroom located toward the rear. The property also offers street access from the front and alley access from the rear. Currently tenant-occupied on a month to month lease, the home may be well-suited as a primary residence, long-term rental, or investment property. In addition to the home, the property includes a 3-car garage currently configured and rented as three separate storage units (a local plumbing company rents two of the units on a month to month), providing an additional income opportunity for the next owner, if desired. The location is a major advantage, with close proximity to Downtown Denver, local restaurants, shops, public transit, and the future Glendale Entertainment District. The property is also located within the S-RH-2.5 zoning district, which may offer redevelopment potential as it allows suburban houses, duplexes, and row houses, up to two and one half stories in height, and detached accessory dwelling units. Buyers are encouraged to review nearby properties on similar-sized parcels to understand what may be possible in the area. Property is being sold as-is. Buyer to verify all information, including zoning, permitted uses, rental income, redevelopment potential, and property condition.