2130 N Franklin St, Denver, CO 80205

This centrally located fourplex in City Park West features two studio units and two one-bedroom units. The property combines classic character with upgrades. Both studio units have been fully renovated with modern finishes, including updated kitchens, bathrooms, flooring, and windows. Major system improvements include full gas line replacements completed in 2023, new basement drain systems serving the lower units planned for 2025, a newer roof installed in 2020, newer hot water heaters from 2022, and an updated interior stairwell planned for 2025. Unit #3, a one-bedroom unit, is currently vacant, offering flexibility for an owner-occupant or a new tenant at market rent. This unit features a private balcony, a professionally remodeled bathroom completed in 2024, a new dishwasher, and fresh paint planned for 2026, with additional upside available through further cosmetic updates. Unit #1 is occupied by long-term tenants, offering stability in the current income stream and an opportunity for future rent growth. The property includes shared laundry and storage in the basement, a fully fenced backyard with irrigation, and four dedicated off-street parking spaces accessed via the alley. Positioned one block from three major hospitals, four blocks from a dense mix of restaurants and amenities, and under a mile to downtown and both City Park and Cheesman Park, the location supports rental demand. The property has a bike score of 99, a walk score of 93, and a transit score of 69.