821 Galapago Street

Check out this sweet house hacking opportunity in this prime Denver Santa Fe Art District location. There is a hip ADU/studio in the back of this historic bungalow home, live in one side and rent out the other. The main house is a 2 bedroom, 1 bathroom set up and the studio set up is about a 289 square foot studio with electric heat and electric fire place , the kitchen and bathroom is uniquely separate from the studio and is attached to the back of the main house adding another 144 sqr ft. The owner has been living in the studio side and running and AirBnB in the main home making a gross income in 2021 of $76k and $52k in 2020 (4 month no income because of COVID) There are a few different ways you could use this space to offset your mortgage , do short term rentals, long term rental or just have a bonus studio or mother in law space. Location makes this home ideal for income opportunity and the city dweller. It is only blocks from Downtown Denver, very close to Denver Health, one block from the Santa fe Art Districts, very close to the Denver convention center and Buell Theatre not to mention its near many great restaurants and coffee shops! Plus it is quick access to get to the highway and is in an area where the homes have a lot of character. In addition to this property being a great income opportunity this is a beautiful home and there has already been great improvements made, new Anderson windows 2017, new A/C 2017, newer furnace, new engineered hard wood floor in the main living areas and more! All appliances are included in both the main home and studio unit and most of the furniture is for sale. Schedule a tour today to discover its charm and potential for yourself!