4161 Milwaukee St, Denver, CO 80216

Description

*Investment opportunity near RiNo!* This thoughtfully updated Clayton home offers exceptional versatility and rental income potential, all just minutes from Denver’s vibrant RiNo Art District. With separate exterior access to the finished basement, the property offers an ideal setup for house hacking, multi-generational living, or an investor seeking multiple income streams. The main level features three spacious bedrooms plus a flexible bonus room, with room for an office, creative space, or additional sleeping area. The remodeled kitchen features brand-new cabinets, quartz countertops, and durable LVP flooring, complemented by fresh carpet throughout the main level. The finished basement adds significant value with two additional bedrooms, including one non-conforming bedroom, a full bathroom, and a complete second kitchen. The separate entrance offers potential for a rental suite, guest space, or extended living. A rear bonus addition provides even more flexibility and could potentially be converted into an additional income-producing space, workshop, or studio. Outside, the fenced, low-maintenance backyard features a pergola for shaded outdoor dining, basketball hoop, covered concrete pad for entertaining or tandem parking, and storage shed. Additional off-street and rear-access parking options add convenience. Major updates provide peace of mind, including a new A/C and furnace (2024), new electrical panel, updated basement wiring, new front roof, radon mitigation system, and completed structural work (documentation forthcoming). Located near Tighe Brothers Distillery and Dunham Park, with easy access to I-70, downtown Denver, and RiNo’s restaurants, breweries, entertainment, and employment centers, this property combines location, flexibility, and income potential. **A compelling opportunity for investors looking to capitalize on Denver’s continued growth—or owner-occupants seeking a property with the potential to offset their mortgage through rental income.