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Updated over 5 years ago, 03/14/2019
Denver accessory dwelling unit properties
A real estate agent presented me with a pocket listing in Denver that is a single family home with an ADU. I am told that it can not be marketed as a duplex because it only has one address and only one water and gas meter. The ADU is the basement unit which has egress windows and a private entrance. The property is not in a prime location but I have reason to believe that the neighborhood is in the process of gentrification.
What signs do you look for in a neighborhood for gentrification and appreciation potential?
What is the process to get the city of Denver to recognize an ADU as a duplex? It is zoned for a two unit property (E-TU-C) and already has a full kitchen and laundry room. The only advice I can find is about permitting and building an ADU in Denver.
How do i appropriately price a property with an ADU?
I would love to find a real estate agent who specializes in ADUs so that I can see if this is a good deal and hopefully purchase more and convert them to a proper duplex.