2243 High St Denver, CO 80210

This exceptional investment opportunity presents a 3-story, 2,983 square foot townhome located at 2243 S High St, Denver, CO 80210. Boasting a 6.19% cap rate and a strong NOI of $50,480, this property offers significant financial returns. Currently operating at 100% occupancy with leases extending through June 2026, this single-family rental provides investor peace of mind. Built in 2004, the property features 4 bedrooms and 3 bathrooms, hardwood floors, a gas fireplace, a modern kitchen with granite countertops and stainless steel appliances, and a private fenced backyard. Parking is ample with a 1-car garage and 2 additional dedicated spaces. The property sits on a 3,471 square foot lot and is zoned U-RH-3A. A significant value-add opportunity exists with a large, approximately 1,005 square foot unfinished basement, prepped for potential expansion. The roof was fully replaced in 2023. This property is ideally situated across from Denver University, ensuring consistent demand and long-term appreciation potential. The asking price is $815,000.