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Key Details
Sold Price $710,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,876 sqft
Price per Sqft $378
Subdivision University
MLS Listing ID 8311165
Bedrooms 4
Year Built 1955
Annual Tax Amount $2,704
Tax Year 2020
Property Description
Great opportunity for an investor or owner occupant to purchase a duplex just blocks from DU for less than $700,000! This sale includes both units of this up/down duplex. The upstairs unit is a 2 bedroom, 1 bathroom with washer/dryer in unit that is rented until October 21, 2022 for $1,695/month. The lower unit is also a 2 bedroom, 1 bathroom and is rented until September 9, 2022 for $1,395/month. Both rents are below market and can be raised considerably in the current unit conditions. Future renovations to kitchens and bathrooms will push rents even higher. The roof was redone in 2015, hot water heater in 2015 and the furnace in 2018. Showings available this Friday and Saturday by appointment only. Please do not disturb the tenants.
Location
State CO
County Denver
Zoning U-SU-C
Interior
Heating Forced Air
Cooling None
Laundry In Unit
Exterior
Garage Spaces 1.0
Fence Partial
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected
Roof Type Architecural Shingle
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Other
Schools
Elementary Schools Asbury
Middle Schools Grant
High Schools South
School District Denver 1
Others
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 NorthPeak Commercial Advisors, LLC
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor