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Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,860 sqft
Price per Sqft $336
Subdivision Montclair
MLS Listing ID 4596572
Style Traditional
Bedrooms 4
Year Built 1978
Annual Tax Amount $2,053
Tax Year 2022
Lot Size 6,098 Sqft
Property Description
$5,000 credit from seller to buyer to buy down rate or use towards buyer closing costs!
Unit A features 2 bedrooms and 1 bath fully renovated and ready for you to occupy as you launch your real estate investment career living in one unit, and renting out the second, or rent both units and maximize rental income.
It’s hard to imagine a kitchen with this much storage! Beautiful new shaker cabinets, granite countertops and gleaming stainless-steel appliances and range hood. Prepping dinner in this culinary sanctuary is a true delight. The washer/dryer are conveniently located at one end of the kitchen…no hauling loads of laundry. Plus, ample room for a kitchen table. The centerpiece of the large living room is an original wood-burning fireplace of in a stone surround and hearth. Beautiful hardwood floors throughout. The primary bedroom is extra spacious and easily accommodates a king-size bed. The wholly remodeled bathroom with brand new sink vanity and new fixtures with a tile shower surround is calming, spa-like.
The low-maintenance exterior features newer vinyl windows and is freshly painted. The separate garage has three generous-sized parking spaces and the large yard offers a world of possibility for children to play or refine your gardening skills. Located in the East Colfax residential neighborhood, the homes are within walking distance to Verbena Park and New Freedom Park/Xenia Park.
The lower residence B is currently rented for $1700/month. Sect 8 2-bedroom rental rates for Denver are $2,042. Both units are identical floorplans of 1860 sq ft.
This is a great investor opportunity. The seller is offering a second duplex across the street at 1156 Xenia St for consolidated management and a wise wealth and growth plan.
Location
State CO
County Denver
Zoning E-TU-C
Interior
Heating Forced Air, Natural Gas
Cooling None
Flooring Laminate
Fireplaces Number 2
Fireplaces Type Living Room
Laundry In Unit, Multiple Locations
Exterior
Exterior Feature Balcony, Rain Gutters
Garage Spaces 3.0
Fence Partial
Utilities Available Cable Available, Electricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available, Natural Gas Connected, Phone Available
Waterfront Description Stream
View Meadow, Water
Roof Type Architecural Shingle
Building
Lot Description Borders Public Land, Level, Open Space
Foundation Concrete Perimeter, Slab
Sewer Public Sewer
Water Public
Structure Type Brick,Cement Siding
Schools
Elementary Schools Montclair
Middle Schools Hill
High Schools George Washington
School District Denver 1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Coldwell Banker Realty 24
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Chad Nash, The Real Estate Doctor
CEO / Real Estate Wealth Advisor
CEO / Real Estate Wealth Advisor