2827 W Park PL Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80219
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,216 sqft
Price per Sqft $254
Subdivision South Denver
MLS Listing ID 4181941
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 1,608
Originating Board recolorado
Year Built 1962
Annual Tax Amount $3,980
Tax Year 2023
Property Description
New price! Here's your chance to own BOTH sides of a true side by side duplex in Denver that has been nicely updated! This property is perfect for an owner-occupant who wants to rent out one side or for an investor who wants to secure a stable and well-performing property in the heart of Denver. Ready to help your 1031 Exchange! It has been professionally managed for several years by a local company. Based on current leases, gross revenue is $58,440/annually. 2827 (the front unit) is rented at $2450/month + $50/month utility fee. This lease ends on 26 Sep 2024. 2829 (the rear unit) is rented at $2295/month + $75/month utility fee. This lease ends in March 2025. Total gross income currently is $4,870/month. The front unit has 4beds/2baths with 2 bedrooms and 1 bathroom on the main floor. Downstairs in the finished basement you'll find 2 bedrooms, 1 bedroom, and the laundry. The rear unit has a similar set up with a total of 4 beds/2 baths with 2 bedrooms, 1 bathroom on the main floor and 2 bedrooms, 1 bathroom, and laundry downstairs. With each unit, there's an exterior door at the top of the basement stairs providing opportunity for separate access to basement. The rear unit has a larger fenced-in backyard. Both of these units are nicely updated, quite spacious and provide a comfortable and quality setting for future tenants.
Location
State CO
County Denver
Zoning E-TH-2.5
Rooms
Basement Finished,Full,Interior Entry
Interior
Heating Forced Air
Cooling Central Air
Flooring Vinyl
Fireplace N
Appliance Dishwasher,Dryer,Microwave,Oven,Range,Refrigerator,Washer
Laundry In Unit
Exterior
Exterior Feature Private Yard
Parking Features Concrete
Roof Type Composition
Total Parking Spaces 2
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories One
Structure Type Brick,Frame
Schools
Elementary Schools Barnum
Middle Schools Kipp Sunshine Peak Academy
High Schools West
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing 1031 Exchange,Cash,Conventional,FHA,VA Loan
Listing Terms 1031 Exchange,Cash,Conventional,FHA,VA Loan
Special Listing Condition None