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Key Details
Sold Price $680,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,497 sqft
Price per Sqft $454
Subdivision Downings Add To North Denver
MLS Listing ID 3696713
Sold Date 09/05/23
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 1,497
Originating Board recolorado
Year Built 1963
Annual Tax Amount $3,067
Tax Year 2022
Lot Size 4,791 Sqft
Acres 0.11
Property Description
Discover a lucrative investment opportunity in the heart of Denver's thriving Sunnyside neighborhood with this duplex property. Featuring two units side-by-side, one currently rented and the other awaiting your personal touch, this duplex is the canvas for your real estate ambitions. Nestled in a high-demand area known for its vibrant local culture, it's a prime choice for investors seeking to capitalize on Denver's growth. Enjoy the convenience of off-street parking, spacious and private yards, and easy access to nearby parks, coffee shops, restaurants, and more. Close to neighborhood schools, stores, and I-70, unlock the full potential of this duplex through renovation or rental income. One of the duplex units is currently vacant, offering immediate flexibility for personal use or renovation, while the other unit is already generating income with a stable tenant in place, paying $1,700 per month in rent. The existing lease is secured and will be honored in its entirety until March 2024, please include this in any offers submitted. Don't miss your chance to shape the future of this property in a neighborhood on the rise.
Location
State CO
County Denver
Zoning U-TU-C
Interior
Heating Forced Air
Cooling Evaporative Cooling
Fireplace N
Appliance Disposal, Dryer, Gas Water Heater, Oven, Refrigerator, Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Parking Features Concrete
Fence Full
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick, Frame
Schools
Elementary Schools Trevista At Horace Mann
Middle Schools Strive Sunnyside
High Schools North
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with MB SOUTHWEST SABINA & COMPANY
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Lanny Adleman
Broker Associate | License ID: FA.100100183
Broker Associate License ID: FA.100100183