1634 Steele St, Denver, CO 80206

Property Description

Incredible owner-occupied wealth-building or investment opportunity in one of Denver's most desirable central locations. This impeccably maintained Denver Square has been thoughtfully converted into three separate units, offering flexibility, income potential, and long-term upside near City Park, restaurants, public transit, and everyday conveniences. The property is configured with a garden-level 1-bedroom unit, a spacious main/middle 3-bedroom unit, and a generous top-level studio. Two units are currently rented, all leases are month-to-month, and income history can be provided for buyer review. Each unit has a separate entrance, creating privacy and functionality for tenants or multigenerational living. The garden-level unit offers a cozy living space with fireplace, efficient kitchen, bedroom storage, and tiled bathroom with walk-in shower. The main/middle unit is a showstopper with original hardwood floors, fireplace, Victorian-era charm, bright sunroom, den, living area, dining room, powder room, kitchen with custom handmade cabinetry, and breakfast nook overlooking the backyard. Upstairs includes three bedrooms, a large bathroom, and flexible storage/office space. The top-level studio offers a spacious living/sleeping area, full bathroom, and its own stackable washer/dryer. The fully fenced, beautiful shared yard gives all units access to rare outdoor space in the city. The property also offers three off-street parking spaces next to the garage, plus a garage currently used for storage that may provide additional income if leased separately. Two laundry areas add convenience. With historic character, flexible unit configuration, month-to-month leases, off-street parking, outdoor space, and an unbeatable location near City Park, this is a rare find for investors, house hackers, or buyers seeking multigenerational living with income potential. Buyer to verify zoning, use, grandfathered status, rents, leases, unit configuration, and future rental options.