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Key Details
Sold Price $940,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,120 sqft
Price per Sqft $443
Subdivision City Park
MLS Listing ID 4811867
Bedrooms 2
Year Built 1901
Annual Tax Amount $2,560
Tax Year 2021
Property Description
Great Investor opportunity in City Park. Full Duplex - Both 1648 and 1654 Monroe are included in the sale. Each side of the duplex offers a kitchen, full bathroom, 2 bedrooms, living room, flex space rooms, as well as unfinished basement space that can be used for storage, fitness, etc. There is a large, fenced, backyard off the back of the homes. These residences have always leased easily for the current owner. This is an amazing location in City Park, with close proximity to Downtown, Cherry Creek, the park, and close proximity to many popular restaurants. Both sides are currently tenant occupied, and the leases will be assigned to the buyer. The property is being sold AS-IS with tenants in place. 1648 Monroe rent @ $2,599 + $30 pet fee / month until September 9, 2022; 1654 Monroe rent @ $2,342 + $30 pet fee / month until December 30, 2022.
Location
State CO
County Denver
Zoning U-TU-B
Interior
Heating Forced Air
Cooling Central Air
Laundry In Unit
Exterior
Roof Type Unknown
Building
Lot Description Level
Sewer Public Sewer
Water Public
Structure Type Brick, Other
Schools
Elementary Schools Teller
Middle Schools Morey
High Schools East
School District Denver 1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, Jumbo, Other
Listing Terms 1031 Exchange, Cash, Conventional, Jumbo, Other
Special Listing Condition None
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor