Duplex Income Property with Redevelopment Options

This Park Avenue duplex offers soaring views of Aspen Mountain and the privacy of a quiet neighborhood just across the Hopkins pedestrian bridge with easy walking access to the downtown core. Sale includes both separately deeded condominium units 1 & 2, each over 1,250 square feet totaling 2,506 square feet. Patio level common wraparound deck, second level private decks for each unit, storage shed, off street parking, landscaping with irrigation, & alarm system. Currently Unit 1 is a 3BR 2.5BA short term rental with frequent owner use, and Unit 2 is a 2BR 2.5BA long term rental, with a lease in place through April 2027. There is a sale termination clause in the lease agreement of unit 2 if buyer chooses to exercise. See attached rental summary in documents. Attached in documents is a zoning analysis from Forum Phi explaining remodel/expansion with additional FAR, and Single Family or Duplex Redevelopment options.