Excellent investment opportunity with a reliable long-term tenant already in place! The current lease runs through July 31, 2027, providing immediate cash flow with annual rental income of $19,560. Located in The Terraces, a desirable 55+ community in Denver, this well-maintained 2-bedroom, 2-bath home features a spacious open floor plan with vaulted ceilings, a large kitchen offering abundant counter space and a breakfast bar, and an enclosed sunroom that provides valuable additional living space. Beautiful hard-surface flooring runs throughout the home—no carpet! The primary suite includes a private en-suite bathroom and a generous walk-in closet, while the home's thoughtful layout offers ample storage throughout. Conveniently located within walking distance of the community clubhouse and just minutes from restaurants, shopping, and everyday conveniences in the heart of Denver. A turnkey investment with stable income in a highly desirable community.
Property Details
- Cooling
- Ceiling Fan(s), Central Air
- Heating
- Central
- Cooling Features
- Ceiling Fan(s), Central Air
- Bedrooms
- 2
- Bathrooms
- 2.0
- Full Baths
- 2
- Stories
- 1
- Acres
- 0.0
- Square Feet
- 1110.0
- Lot Size (sqft)
- 0.047
- Parking Features
- Attached Carport
- Parking Type
- Garage
- Parking Carport Spaces
- 2.0
- Property Type
- Purchase
- Year Built
- 1996
- Foundation
- Slab
- Roof
- Architectural Shingle
- Sewer Information
- County Sewer
- Utility Source
- County Water
- Appliances
- Dishwasher, Electric Cooktop, Electric Oven, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Subdivision
- The Terraces
- Senior Community
- 1
- Community Features
- Fifty Five and Older
- Elementary School
- Unspecified
- Middle School
- Unspecified
- High School
- Unspecified
- County
- Lincoln
- Region
- Denver
- Original List Price
- $249,000
- Days on Market (Cumulative)
- 57
- HOA
- 1
- HOA Fees
- 203.5
Location
Legal
Listings courtesy of Canopy MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 2026-09-04T19:45:05Z. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website.
Provided By
Listed by Rachel Fortune (#CAR34321)
Listing Office: Charity Realty (#CAR3432)
