Prime Renovated Investment Property Near Hospitals with High Income Potential

This exceptional renovated investment property near hospitals has officially been SOLD, and it’s no surprise why! Located in a prime area near the New University/VA Hospital, this fully renovated home was a must-see for both homebuyers and investors alike. With its spacious 1,461 square feet of living space, modern amenities, and significant income potential, this home offered everything one could ask for in a competitive real estate market.

What Made This Renovated Investment Property Near Hospitals So Special?

This renovated investment property near hospitals stood out from the competition for many reasons, most notably the extensive renovations that gave the home a fresh, modern appeal while providing peace of mind for the new owner. Completely revamped from the inside out, the house was designed to offer both style and functionality, with upgrades that made it move-in ready and a smart, hassle-free investment.

Key Renovations Included:

• New Sewer Line: The installation of a new sewer line was a major selling point, especially for those familiar with the costly repairs associated with outdated systems. This upgrade ensured that the home would be free of plumbing issues for years to come.
• New Roof: With a new roof in place, the property offered protection from the elements, giving the new owner the peace of mind that comes with this critical upgrade.
• New Windows: Energy-efficient windows provided not only a more comfortable living environment but also the added benefit of lower utility bills.
• New Lighting: Modern, updated lighting fixtures throughout the home created a bright and inviting atmosphere.

The Kitchen: A Standout Feature

One of the property’s most stunning features was its newly updated kitchen, which was sure to impress even the most discerning buyers. The kitchen was equipped with newer stainless steel appliances by Samsung, including a microwave, dishwasher, stove/oven, and refrigerator. These high-end appliances, combined with granite countertops, a custom backsplash, and an upgraded faucet, made the kitchen both stylish and functional.

This space was perfect for cooking family meals, entertaining guests, or simply enjoying the clean, modern design that made it one of the highlights of the home.

Income Potential: A Great Opportunity for Investors

This renovated investment property near hospitals also attracted attention for its outstanding income potential, making it a hot commodity for real estate investors. The rental market in the area was thriving, especially with the nearby New University/VA Hospital bringing more demand for housing. According to Rentometer.com, similar homes in the neighborhood were commanding rents between $2,200 and $2,400 per month, with Zillow estimating the potential rent at an even higher $2,692.

For investors looking for a rental property, this home was the perfect blend of low-maintenance and high returns. The extensive renovations and modern features reduced the need for future repairs and upgrades, allowing for worry-free property management. The proximity to major highways, parks, shopping, and dining also made the property particularly attractive to prospective tenants, ensuring consistent demand and rental income.

Comfort and Convenience

In addition to its modern interior, the home boasted a spacious backyard, offering ample room for outdoor activities and relaxation. The covered patio provided a shaded space perfect for enjoying warm weather, hosting barbecues, or simply unwinding at the end of the day.

Another notable feature of the property was the brand-new air conditioning (AC) system, ensuring that the home remained comfortable year-round. This upgrade, paired with the energy-efficient windows, made for an ideal living environment.

Location

The property’s location near the New University/VA Hospital was another key factor that contributed to its appeal. This rapidly developing area is home to a growing population of professionals and families, many of whom are seeking convenient, comfortable living options close to their workplaces. As a result, the demand for rental properties in the area is expected to continue rising, further enhancing the investment potential for renovated investment properties near hospitals like this one.

Located just off Peoria, the property also offered easy access to major highways like I-70 and 225, making commuting a breeze. This convenience was an added bonus for tenants and homeowners alike, who could enjoy the tranquility of suburban living while remaining close to all the amenities of the city.

Stapleton, with its parks, shopping centers, and dining options, was just a short drive away, ensuring that the new owners would never be far from entertainment or essential services.

Sold "As-Is" But Move-In Ready

Though the property was sold “as-is,” the extensive renovations made it a move-in-ready home, eliminating many of the concerns typically associated with buying an older property. The new sewer line, roof, windows, and AC system provided added security, knowing that these major components of the home had already been replaced.

For the new owner, this meant fewer future expenses and repairs, allowing them to enjoy the home from day one. Whether they were looking to live in the property themselves or rent it out, the comprehensive renovations ensured that the home would remain a worry-free investment for years to come.

Final Thoughts: A Success Story

This sold property is a prime example of how strategic renovations, combined with a fantastic location, can lead to a successful sale in today’s real estate market. With its modern amenities, significant income potential, and unbeatable location near the New University/VA Hospital, this renovated investment property near hospitals was truly a one-of-a-kind opportunity that the new owners were lucky to secure.

The extensive updates made the property stand out among its competition, and the attention to detail in the renovations ensured that it was not only beautiful but also functional and long-lasting. The home’s proximity to major highways, parks, dining, and shopping added to its appeal, making it a top choice for both families and investors.

Now, the new owners can look forward to enjoying everything this beautiful home has to offer, whether they plan to live in it or leverage its income-generating potential as a rental property. The property may have sold, but its value as a prime renovated investment property near hospitals will undoubtedly continue to grow in the years to come.