24 El Sereno Drive

Excellent investment opportunity two blocks south of new Creekwalk development in the newly redeveloped Ivywild area. One unit, currently owner occupied, features updated kitchen, two bedrooms with ability to add third in basement and two baths featuring new three quarter bath in basement. Second unit has updated kitchen with two bedrooms, and one bath and original hard wood flooring. Updated kitchens, featuring granite counter tops. Each unit features new roof, subroof, facia and gutters, new Anderson windows, new AC, new electrical panels and water pressure relief valves Private, fenced back yards for each unit. Each unit has one car attached garage (driveways replaced approx. 6 yrs ago), finished basements and laundry hook ups. One unit has separate parking space on property, storage building in backyard, new redwood front deck, new LVT, original hardwood floors under carpet and new water heater. City has recently upgraded water, sewer, storm, curb and gutter for this corner property. Super convenient location! One block south of Broadmoor boundary, 6 minutes to Broadmoor Hotel, 18 minutes to airport, 6 minutes to Cheyenne Canon, 5 minutes to downtown. The tenant has been in place for five years and would like to renew lease in 9/2022. Current lease is priced below typical area lease rates so has potential for increase. .