1417 Monroe St

Description

$570/Bed!! Own this home w/ $320k down + $8550/Month w/ capacity for 15 beds. Turn-Key Co-Living / Group-Use Opportunity in Prime Congress Park. Rare opportunity to acquire a fully renovated residential bungalow in one of Denver's most walkable and centrally located neighborhoods. This 9-bedroom, 10-bathroom home was intentionally designed to support shared-living concepts such as co-living, group living, sober living or similar residential arrangements, while remaining adaptable for other residential uses like multigenerational family. The property features high-efficiency furnaces, durable commercial-grade materials and finishes, two 50-gallon water heaters, wireless cameras, smart thermostats, and individual keypads. Nearly every bedroom includes a private or semi-private bathroom, a key feature for privacy-driven shared housing models. The home offers multiple common living areas, two full kitchens, kitchenette with induction cooktop, wet bars, 3 laundry stations, allowing for efficient day-to-day operations and resident comfort. The property also includes one separate studio ADU with private exterior access, full kitchen, bath, and laundry - ideal for a live-in operator, manager suite, premium unit, or additional flexibility. The home is currently occupied by one guest/caretaker and 24 hr notice is appreciated. The property is offered fully furnished with all the smart devices. Located in highly desired Congress Park neighborhood, highly walkable, centrally positioned neighborhood within close proximity to several hospitals, several Parks, Denver Zoo, Botanic Gardens, museums, restaurants and more - an ideal setting for Co-living residents seeking access, convenience, and neighborhood character. Seller may consider alternative purchase structures, including seller financing, other creative financing or even a master lease, subject to terms. Buyer to verify intended use.