Excellent Belcaro duplex investment opportunity with built-in value-add potential.
Each unit currently offers 2 bedrooms 2 bathrooms + large den and in-unit laundry, plus a 3-car carport.
Seller has already engaged a contractor who has assessed the property and provided a quote to convert the den in each unit into a third bedroom, resulting in two 3-bed / 2-bath units.
The improvement would significantly increase rent potential and improve the overall cap rate.
Seller is offering a credit toward the bedroom conversion, and the contractor is available to complete the work post-closing with an acceptable offer.
Strong location between Cherry Creek, Bonnie Brae, and Washington Park, supporting excellent tenant demand and long-term appreciation.