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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 2,334 sqft
Price per Sqft $291
Subdivision P T Barnums Sub
MLS Listing ID 8881392
Sold Date 05/08/24
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 2,334
Originating Board recolorado
Year Built 2001
Annual Tax Amount $2,639
Tax Year 2022
Property Description
Welcome to this exceptional duplex investment opportunity located in Barnum. Unit 240 is vacant and ready for immediate viewing, presenting an excellent chance for prospective investors or owner-occupiers.
Unit 240:
Recently renovated with new flooring and paint throughout. Move-in ready condition, ideal for attracting tenants or to personally move in and house-hack. Potential rental income of $2600 per month in line with market rates, offering lucrative returns. Please see supplements for Rentometer report with rental comps.
Unit 242:
Currently leased through July 31, 2024, generating a stable monthly income of $2149. Provides immediate income for investors, ensuring a steady cash flow. Value add potential to increase rents to market rent at $2600/mo when the tenants lease is up this summer. This unit was fully remodeled prior to placing the tenants.
This duplex investment presents a compelling opportunity for investors seeking income generation and capital appreciation in the vibrant Barnum neighborhood. Don't miss out on the chance to capitalize on this promising investment - schedule your showing of Unit 240 today! Showings on 242 when an offer is in hand.
Location
State CO
County Denver
Zoning E-SU-D1X
Interior
Interior Features Ceiling Fan(s)
Heating Forced Air, Steam
Cooling None
Flooring Carpet, Vinyl
Fireplace N
Appliance Dishwasher, Oven, Range, Refrigerator
Laundry In Unit
Exterior
Utilities Available Cable Available, Electricity Available
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Barnum
Middle Schools Strive Westwood
High Schools Southwest Early College
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Keller Williams Action Realty LLC