2415 & 2417 S Marion St was completely renovated in 2022-2023 and has essentially already been converted to a total of 4 units that would consist of 4 two-bedroom/one-bath units. This conversion/remodel includes almost everything to be brand new including cabinets, appliances, floors, fixtures, and more.
Currently, the property is operating as 2 units that each consist of four-bedrooms, two-bathrooms, and two complete kitchens. Simply adding drywall to close the entryway would complete the conversion to 4 units (nonconforming) and allow for the premium rents that being near Denver University and Observatory Park demands.
This asset provides the next owner peace of mind and ease of management. Furthermore, its location, proximity to DU, nearby parks, and vibrant South Broadway retail and restaurant scene ensures a strong tenant base with continuous growth and natural appreciation.
County: Denver
Year Built: 1951 (Renovated 2022)
# Buildings: 1
# Stories: 1
Construction: Wood Frame
Roof Type: Pitched
Gross Building SF: 3,200
Lot Size: 6,212 SF
Parking: Street
Heating: Forced Air
Water/Sewer: Master
Gas/Electric: Individual
Zoning: E-TU-C
PROPERTY HIGHLIGHTS
- 2 Spacious 4-bedroom units that could be converted into 4 2-bedroom units
- Turn-key asset with full renovation in 2022-2023 to include entire bathroom, kitchens, cabinets, floors, countertops, windows, etc
- New Roof 2018
- New water heaters, furnaces, and appliances
