• Asking Price See Price
  • Estimated Value: $765,150
  • YATES DENVER, CO 80212

  • 3 Beds 1 Bath 1,153 SqFt
  • Single Family Home / REO Foreclosure

Property Details for YATES St, DENVER, CO 80212

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Stellar investment opportunity! Berkeley bungalow with a newly remodeled ADU! Live in one space and rent the other, or rent both! Take advantage of the new allowance to count ADU income towards your loan! This 2 bed 1 bath bungalow features hard wood floors and an open floor plan from the living, dining, and kitchen. The two nicely sized bedrooms and a full bath are tucked away on the right side of the home. This functional floor plan optimizes the square footage and there is no shortage of kitchen cabinet space and storage areas. The laundry room off the kitchen connects you to the unfinished basement and another unfinished shed space being used for storage but has the potential to be finished into another bedroom, gym, studio, or workshop. Outside the large backyard features a wood deck and plenty of space for a garden and entertaining. The main attraction is the newly renovated ADU, 4345 Yates, with a private entrance off the alley! This brand new self-sufficient space is ready to take renters asap! The ADU has a full kitchen with stainless steel appliances, it's own washer/dryer, a living space, a bedroom, and a 3/4 bath. All completely new and just installed! Also off the alley is a designated parking area large enough for 3 cars.

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