566 S Patton CT #568 Active

Denver,CO 80219

$ 699900

4 Beds

2 Baths

1871 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,871 sqft

Price per Sqft $374

Subdivision Westlawn

MLS Listing ID 5533163

Bedrooms 4

Year Built 1962

Annual Tax Amount $2,721

Tax Year 2023

Lot Size 5,662 Sqft

Property Description

Investment Opportunity in Denver's Westwood Neighborhood

Introducing a duplex located in the Westfield subdivision on Denver's west side—an excellent opportunity for investors or those seeking versatile living arrangements.

Unit 1: Practical Living

This unit features a welcoming living area with natural wood floors and ample natural light streaming through two large windows. The space includes a ceiling fan for added comfort. The two bedrooms are well-sized, each equipped with ceiling fans. A full bathroom serves the unit, and the kitchen offers plenty of cabinet space for storage. Enjoy private access to a fenced back patio, ideal for outdoor relaxation.

Unit 2: Spacious and Updated

The larger unit offers four bedrooms, including two with raised ceilings that enhance the sense of space. One non-conforming bedroom features skylights, and another includes an exposed wood beam with a ceiling fan. The kitchen has been updated with stainless steel appliances, modern grey cabinets, and contemporary lighting. A cozy reading nook in one bedroom is set within a bay window, accented by a wooden beam.

Private Outdoor Spaces

Each unit has its own exclusive outdoor area. The first unit has a fenced back patio, while the second unit features a fenced-in backyard, providing private outdoor spaces for both units.

Investment Potential

This duplex presents a solid investment opportunity with flexible living options. Consider "house hacking" by living in one unit while renting out the other to help offset mortgage payments and reduce living expenses. Alternatively, rent out both units as a stand-alone investment to take advantage of an above-average cap rate, helping you recoup your costs more quickly. The property's desirable location in the Westwood neighborhood enhances its appeal to potential tenants, ensuring a steady income stream.

Location

State CO

County Denver

Zoning E-TU-C

Interior

Heating Forced Air,Natural Gas

Cooling Evaporative Cooling

Flooring Laminate,Tile,Wood

Laundry In Unit

Exterior

Exterior Feature Private Yard

Fence Full

Utilities Available Electricity Connected,Internet Access (Wired),Natural Gas Connected,Phone Available

Roof Type Composition

Building

Lot Description Level

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Structure Type Frame

Schools

Elementary Schools Munroe

Middle Schools Kepner

High Schools West

School District Denver 1

Others

Acceptable Financing Cash,Conventional,FHA,VA Loan

Listing Terms Cash,Conventional,FHA,VA Loan

Special Listing Condition None

View More
Favorite Go Tour