2245 S High ST, Denver, CO 80210
2245 S High ST, Denver, CO 80210
2245 S High ST, Denver, CO 80210
2245 S High ST, Denver, CO 80210
2245 S High ST, Denver, CO 80210
2245 S High ST, Denver, CO 80210
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Alex Tooke + Derek Weber

Alex Tooke + Derek Weber

The Alex & Derek Team

+1(720) 513-9631
$ 835,000
Est. payment | /mo

5 Beds

4 Baths

2,907 SqFt


Save
$ 835,000
Est. payment | /mo
Save

5 Beds

4 Baths

2,907 SqFt

Key Details

Property Type Townhouse

Sub Type Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,907 sqft

Price per Sqft $287

Subdivision University

MLS Listing ID 3459564

Bedrooms 5

Full Baths 2

Half Baths 1

Three Quarter Bath 1

HOA Y/N No

Abv Grd Liv Area 2,009

Year Built 2004

Annual Tax Amount $4,532

Tax Year 2024

Lot Size 2,433 Sqft

Acres 0.06

Property Sub-Type Townhouse

Source recolorado

Property Description

Investor-ready opportunity in a prime location directly across from DU campus. Currently rented at $5,000/ month with no vacancy for over 10 years. Current lease in place until Aug 31, 2026. Lease for following year increasing to $5500. This spacious townhouse offers a highly functional layout designed to maximize rental income and tenant appeal, with a strong history of consistent occupancy and proven performance as an income-producing property. Tenants are currently in place, and the buyer will assume the existing lease agreement, providing immediate cash flow. The main level features a welcoming entry foyer, comfortable living room, and open-concept kitchen and dining area ideal for everyday living and entertaining. A main-floor bedroom and spacious half bath add flexibility for tenants and guests. Upstairs, two generously sized primary bedrooms each include full en-suite bathrooms, while a separate laundry room with washer and dryer included adds convenience. The finished basement expands the living space with a sizable family room, two large secondary bedrooms, and a 3/4 bathroom, offering excellent versatility and a strong bedroom count for premium rental potential. Exterior highlights include a classic red brick facade with charming covered front porch, a private backyard featuring patio space, and an oversized detached two-car garage with additional storage space. With its unbeatable proximity to the university, solid rental history, turnkey investment profile and a cap rate above 6% this property presents a rare opportunity for investors seeking immediate income and long-term appreciation.

Location

State CO

County Denver

Zoning U-RH-3A

Rooms

Basement Bath/Stubbed, Finished, Full, Interior Entry

Main Level Bedrooms 1

Interior

Interior Features Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Five Piece Bath, Granite Counters, Kitchen Island, Open Floorplan, Primary Suite, Smoke Free, Walk-In Closet(s)

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplace N

Appliance Cooktop, Dishwasher, Disposal, Dryer, Microwave, Range, Refrigerator, Self Cleaning Oven, Warming Drawer, Washer

Laundry In Unit

Exterior

Exterior Feature Lighting, Private Yard, Rain Gutters

Parking Features Exterior Access Door, Lighted, Oversized, Storage

Garage Spaces 2.0

Fence Partial

Utilities Available Electricity Connected, Internet Access (Wired), Natural Gas Connected

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Near Public Transit

Sewer Public Sewer

Level or Stories Two

Structure Type Brick,Frame,Wood Siding

Schools

Elementary Schools Asbury

Middle Schools Grant

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

REColorado (REColorado MLS)
Listed by RE/MAX of Cherry Creek

Nearby Locations

Go tour this home

2245 S High ST

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NEED DOWN PAYMENT ASSISTANCE?

Our team specializes in finding FREE DOWN PAYMENT GRANTS for UP TO 4% of the loan amount, and in most cases with no repayment requirement.

 

Basic requirements: 

        ~ NO First Time Home Buyer requirement!
        ~ 620+ Credit score
        ~ Make less than $195,600