Description
Turn-key and teeming with potential! This Prime investment property sits right on the edge of CU's buzzing campus, nestled in one of University Hill's most coveted blocks. With smart upgrades, strong tenant demand, and solid rental returns, it's a ready-to-roll opportunity for your next portfolio win! RHL-00995550 Duplex + 4 Rooming Units. 879 is a three bed / 1 bath carriage house with character. 881 is a 1960's purpose-built student housing apartment building with 7 beds and 3 baths. Together they share 10 parking spaces (a highly valued amenity), an outdoor hardscaped patio and arguably the best location on the Hill, a stone's throw from CU Campus, like literally. Leased through 7/2026 with a net zero lease (tenants pay for trash, water, sewer, gas, electric and grounds). Property is professionally managed by Sunnyside and has a proven track record of running at a 20% expense ratio. 100% of windows have been replaced with double pane, high-efficiency vinyl. Newer roofs, new insulation and appliances, boiler and furnace, EV charger.
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10BEDS
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0.14ACRES
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4BATHS
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01/2 BATHS
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2,160SQFT
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$1,435$/SQFT
School Information
Description
Turn-key and teeming with potential! This Prime investment property sits right on the edge of CU's buzzing campus, nestled in one of University Hill's most coveted blocks. With smart upgrades, strong tenant demand, and solid rental returns, it's a ready-to-roll opportunity for your next portfolio win! RHL-00995550 Duplex + 4 Rooming Units. 879 is a three bed / 1 bath carriage house with character. 881 is a 1960's purpose-built student housing apartment building with 7 beds and 3 baths. Together they share 10 parking spaces (a highly valued amenity), an outdoor hardscaped patio and arguably the best location on the Hill, a stone's throw from CU Campus, like literally. Leased through 7/2026 with a net zero lease (tenants pay for trash, water, sewer, gas, electric and grounds). Property is professionally managed by Sunnyside and has a proven track record of running at a 20% expense ratio. 100% of windows have been replaced with double pane, high-efficiency vinyl. Newer roofs, new insulation and appliances, boiler and furnace, EV charger.
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