1246-1248 N Tennyson Street

Unique opportunity to acquire both units of a newly constructed and leased FRONT-BACK DUPLEX. Completed in 2025 with several months remaining on original builder warranty. Listing includes both 1246 Tennyson (street facing unit) and 1248 Tennyson (back unit.) Live in one half and rent the other or hold both as rental investments at a 5.7% blended cap rate. Each unit is fee simple, with no HOA, and no shared land or common area. Elevated, Urban-Lux design with upgraded finishes and details that tenants love. Each unit is 3 bed, 3.5 bath. Three queen-king bed sized bedrooms, each with their own bathroom. Ideal for roommates, guests, or work/flex space. Open-plan living on first floor with kitchen, eat-in island, dining, living room - opens up onto private, fenced yards. 3rd floor bonus room with wet bar and beverage fridge, plus glass slider leading out to roof decks. Fenced yards mean great pet rent. One-car garage for each unit, with smart gagage door opener and pre-wired for electric car charger. With high-end finishes, gas stoves, and smart home features like nest thermostats, video doorbells and wifi locks (that do NOT require subscriptions to use) - these units bring high occupancy rates and A+ rental income. Separate Xcel utility meters, one gas meter per building. Tenants pay all utilities and yard maintenance. Each unit is fee simple, with no HOA - can be sold separately giving maximum exit flexibility. Exceptional location - surrounded by new build, across from Nettie Moore park/playground and Dry Gulch Open space trails. Three blocks to Alamo Drafthouse and surrounding retail and eateries, five blocks to Sloan's Lake. Two blocks to light rail. See attached files for floor plans and site plan/availability. Photos may feature other units in development with identical layout and square footage.

Listing Office: Red Lodge Realty