4121-4123 Utica Street, Denver
The Opportunity
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Single Family Home (SFH) zoned for duplex (U-TU-C – min. 5,500 SF lot); scrape home and build duplex
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Berkeley neighborhood continues to have low inventory and high demand trend
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Building as a value-add unit due to lot size – larger overall units and separate entrance / lock-off​
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Final Product
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Both units sold at asking or above asking price within three weeks of listing
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Built as a value-add unit – larger overall units and separate entrance / lock-off for long-term lease, VRBO, AirBnB, MIL, etc.
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The combination of the elegant, modern design, high end finishes with unique flexibility throughout the units, park and Tennyson Street proximity and very low inventory made for a successful project completion, despite the theoretical "worst time of the year to list" - which was in mid-February