1138 E 14th Avenue Unit 14

• Updated Kitchen: Modernized kitchen with subway tile and granite countertops adds appeal • Hardwood Flooring: Dark hardwood flooring in office/bedroom adds a touch of elegance • Updated Bathroom Vanity: Newer vanity with marble countertop provides a fresh look • Granite Countertops in Kitchen • Subway Tile Backsplash • Stainless Steel Refrigerator • Updated Bathroom Vanity • Hardwood Flooring in Office/Bedroom • Price Position: At $374.06/sqft, this property is priced below the neighborhood average of $436/sqft, offering a potential value. • Appreciation Trend: Homes in 80218 have sold for 12.9% more than they did a year ago, indicating strong recent appreciation. • Negotiation Opportunity: The property has been on the market for 146 days, significantly longer than the average, indicating potential negotiation opportunities. • Investment Opportunity: After $4,500 in renovations, potential $10,500 equity gain (233.3% ROI) • Rental Income: $1,856/month with 99% occupancy (0.1% cap rate) • Future Development: The property is located near Cheesman Park and the Denver Botanical Gardens, enhancing its appeal. Colfax Avenue, with its eclectic mix of businesses, is also nearby. No specific large-scale developments are planned in the immediate vicinity that would significantly impact the property. • Basement apartment layout with some rooms lacking natural light. Open kitchen/living area is functional. Bedroom and office spaces are adequate but could benefit from better flow.