$725,000
$725,000
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6 Beds
3 Baths
2,652 SqFt
SOLD DATE : 09/06/2024
Key Details
Sold Price $725,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,652 sqft
Price per Sqft $273
Subdivision Barnum
MLS Listing ID 2166294
Sold Date 09/06/24
Style Bungalow
Bedrooms 6
HOA Y/N No
Abv Grd Liv Area 1,908
Originating Board recolorado
Year Built 1935
Annual Tax Amount $2,778
Tax Year 2023
Lot Size 6,098 Sqft
Acres 0.14
Property Description
Unlock an amazing House Hacking or investment opportunity with this unique offering of two single-family homes on one lot located two blocks from Barnum Park! Ideal for investors or the savvy home buyer, looking to maximize cash flow and/or decrease their overhead. The front home is a 4 bed, 2 bath with 1037 SF above ground and 744 SF below. This spacious residence is move-in ready, featuring a modern kitchen, refreshed bathrooms, and fresh interior paint. If you're an investor, it has a projected rental income of $3,000-$3,200 per month. The second home, currently rented for $1,500 per month, with a lease until 2/2025, has a projected rent of $2,000-$2,200/month. Recent upgrades include a brand-new roof, furnace, fresh exterior and interior paint, kitchen and bathrooms, flooring, appliances, soffits, siding, some windows, ceiling fans and sprinkler system. Whether you’re an experienced investor or new to real estate, this home provides a solid foundation for generating substantial future rental income. Be sure to ask your lender whether you can use the ADU rental income to help with your qualification amount! Owner is open to seller financing and a lease to own, bring your creative financing!
Location
State CO
County Denver
Zoning E-SU-D1X
Rooms
Basement Crawl Space, Finished, Full, Sump Pump
Interior
Interior Features Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Jack & Jill Bathroom, Quartz Counters, Solid Surface Counters
Heating Forced Air
Cooling None
Flooring Vinyl
Fireplaces Number 1
Fireplaces Type Gas, Living Room
Fireplace Y
Appliance Dishwasher, Disposal, Gas Water Heater, Microwave, Oven, Refrigerator, Sump Pump
Laundry In Unit
Exterior
Exterior Feature Private Yard, Rain Gutters
Fence Full
Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Roof Type Composition
Total Parking Spaces 8
Garage No
Building
Lot Description Level, Sprinklers In Front, Sprinklers In Rear
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Frame,Stucco
Schools
Elementary Schools Barnum
Middle Schools Strive Westwood
High Schools Southwest Early College
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional, FHA, Lease Purchase, Owner Will Carry, VA Loan
Listing Terms Cash, Conventional, FHA, Lease Purchase, Owner Will Carry, VA Loan
Special Listing Condition None
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