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Key Details
Sold Price $1,189,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,048 sqft
Price per Sqft $390
Subdivision First Santa Fe Add
MLS Listing ID 4469046
Sold Date 03/14/22
Style Denver Square
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 3,048
Originating Board recolorado
Year Built 1907
Annual Tax Amount $3,943
Tax Year 2020
Acres 0.12
Property Description
Location, Location, Location! Amazing full duplex in the heart of the Old South Pearl shopping district. Situated less than a block from all that South Pearl has to offer. This well-maintained duplex features two 3 bedroom units. Unit 1658 is a 3 bed, 1 full bath and Unit 1662 features a 3 bed, 2 full bath floor plan with a brand new kitchen, paint, and newer furnace. This duplex has been 100% rented for that past 20 years. Never a vacancy...rents in a heartbeat. Rents are below market due to responsible, long-term tenant situations. Tons of upside with market rents and some improvements. The partial unfinished basements could be finished to increase rents. 2 car detached garage is separated in the middle for each unit. Unit 1658 is a mirror image of Unit 1662 (shown in the photos) with the exception of the main floor bathroom and kitchen updates. Upstairs bathroom floor tile in Unit 1662 will be replaced with vinyl planking similar to the kitchen flooring and a new light fixture will be installed. Long-term tenant in unit 1658 would like to remain. Lease ends 5/31/2022 currently pays $1,800/month. It doesn't get any better than this! Please DO NOT DISTURB the tenant in unit 1658 it will be shown with an accepted contract. The alley house (Unit 1660) behind the duplex is a separate unit and is not a part of this sale. Please respect their property boundaries and their privacy! Don't miss the virtual tour at: https://my.matterport.com/show/?m=7XUJhsjbDWi&mls=1
Location
State CO
County Denver
Zoning U-TU-C
Rooms
Basement Partial, Unfinished
Interior
Interior Features Ceiling Fan(s), High Ceilings
Heating Forced Air
Cooling None
Flooring Carpet, Tile, Vinyl, Wood
Fireplace N
Appliance Dishwasher, Microwave, Oven, Range, Refrigerator
Laundry In Basement
Exterior
Garage Spaces 2.0
Fence Partial
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available
Roof Type Architecural Shingle, Tar/Gravel
Total Parking Spaces 2
Garage No
Building
Lot Description Level, Near Public Transit, Sprinklers In Front
Foundation Block, Slab
Sewer Public Sewer
Water Public
Level or Stories Two
Structure Type Brick
Schools
Elementary Schools Mckinley-Thatcher
Middle Schools Grant
High Schools South
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo
Listing Terms 1031 Exchange, Cash, Conventional, Jumbo
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with LIV Sotheby's International Realty
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183