2821 S Vance Way

Description

Rare opportunity in 80227 with exceptional flexibility for house hacking, multi-generational living, rental income, or simply extra space for growing households. This fully renovated home offers two fully equipped levels with separate kitchens, living spaces, laundry, and private exterior entrances. The property has a strong rental history generating approximately $4,800 per month, with $3,200 from the main level and $1,600 from the lower level. Utilities currently paid by tenants. The main level features 4 bedrooms and 2.5 bathrooms, a fully updated kitchen, spacious living areas with two living rooms, an en-suite primary bedroom with a large walk-in closet, modern finishes throughout, and refinished original hardwood floors that add timeless character. The private lower level includes 2 bedrooms, 1 bathroom, a full kitchen, living room, laundry, a new subpanel, and its own exterior entrance. Both bedrooms feature full egress window wells with new vinyl windows. There are currently no shared interior spaces between the two levels, though reconnecting the lower level to main home has already been framed & would require only simple drywall/trim work. Situated on one of the largest lots in the neighborhood, the property also features a 2-car garage, ample off-street parking, large fully fenced yard with mature trees, & a spacious shed on concrete pad for additional storage. Major exterior and system updates include new siding, new windows, fresh exterior paint, new gutters, a new sewer line with cleanouts from the home to the city connection, and an upgraded 80-gallon hot water heater. Upstairs lease ends June 30th. A rare opportunity to offset your mortgage with rental income, accommodate extended living needs, or simply enjoy the space and flexibility of a beautifully updated home. Buyer to verify any intended use of the lower level. Bear Creek Trail System & pickleball/tennis courts are just a 3-block walk away, with quick access to Wadsworth, 285, and C-470.