4121-4123 Utica Street, Denver

The Opportunity

 

  • Single Family Home (SFH) zoned for duplex (U-TU-C – min. 5,500 SF lot); scrape home and build duplex

  • Berkeley neighborhood continues to have low inventory and high demand trend

  • Building as a value-add unit due to lot size – larger overall units and separate entrance / lock-off​

Final Product

 

  • Both units sold at asking or above asking price within three weeks of listing

  • Built as a value-add unit  – larger overall units and separate entrance / lock-off for long-term lease, VRBO,      AirBnB, MIL, etc.

  • 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

 

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