2590 Gray St, Edgewater, CO 80214

Property Description

Price Reduced! An exceptional investment or owner-occupant opportunity in the heart of Edgewater — near Sloan’s Lake, Edgewater Marketplace, and just steps from the city’s vibrant Main Street lined with local favorites like Edgewater Beer Garden, Edgewater Inn, and Suzette Bakery & Cafe. 7+% Cap Rate This unique property features two separate homes on one 6,621 sq. ft. lot, offering versatile income potential and future development possibilities. Zoned R-PD (Residential Planned Development), this lot allows for multi-family construction, making it ideal for investors, builders, or house hackers looking to generate rental income while planning their next project. Property Highlights Two detached homes — separately metered for utilities. Front home: 2 bedrooms, 2 bathrooms, small yard, off-street parking. Rear home: 2 bedrooms, 1 bathroom, small yard. Both homes currently vacant — perfect for owner-occupant, new tenants, or redevelopment. Homes are clean and rentable as-is. Walk to Edgewater’s charming downtown, local bakery, brewery, and restaurants. Enjoy convenient access to Denver, Highlands, Sloan’s Lake, Edgewater Marketplace, and the foothills — all within minutes.