$625,000
$650,000
3.8%For more information regarding the value of a property, please contact us for a free consultation.
10 Beds
4 Baths
3,134 SqFt
SOLD DATE : 10/02/2024
Key Details
Sold Price $625,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 3,134 sqft
Price per Sqft $199
Subdivision Swansea
MLS Listing ID 1548588
Sold Date 10/02/24
Bedrooms 10
HOA Y/N No
Originating Board recolorado
Year Built 2000
Annual Tax Amount $1,933
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Price reduced bringing this to an 8.6% cap rate with the ability to achieve over a 9% cap rate! Discover a fantastic investment opportunity located in the heart of Denver. This property is a side by side duplex with two 5 bedroom, 2 bath units!
**Key Features:**
- **Updated Interiors:** Both units boast modern white shaker cabinets, enhancing the contemporary appeal of the spaces.
- **Off-Street Parking:** Enjoy the convenience of dedicated off-street parking at the rear of the property.
- **Strong Financials:** Benefit from a sound investment with strong financial metrics.
- **Separate Utilities:** Each unit is separately metered for gas and electric, offering tenants autonomy and simplifying management.
- **Spacious Living:** With a total of 3134 square feet, there’s plenty of room for comfortable living.
Also available for sale is the duplex located across the alley at 4660 Vine St. Can be purchased together or separately.
Location
State CO
County Denver
Zoning E-TU-B
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling None
Flooring Vinyl
Fireplace N
Laundry In Unit
Exterior
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame
Schools
Elementary Schools Swansea
Middle Schools Bruce Randolph
High Schools Manual
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA
Listing Terms Cash, Conventional, FHA
Special Listing Condition None
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