$610,000
$575,000
6.1%For more information regarding the value of a property, please contact us for a free consultation.
4 Beds
2 Baths
2,400 SqFt
SOLD DATE : 08/04/2025
Key Details
Sold Price $610,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $254
Subdivision Westwood
MLS Listing ID 9691203
Sold Date 08/04/25
Style Traditional
Bedrooms 4
HOA Y/N No
Abv Grd Liv Area 2,400
Year Built 2007
Annual Tax Amount $3,158
Tax Year 2024
Lot Size 6,500 Sqft
Acres 0.15
Property Sub-Type Duplex
Source recolorado
Property Description
Charming Duplex Investment Opportunity with Strong Returns; a desirable townhouse duplex built in 2007 that offers an exceptional investment opportunity. Each unit features 2 bedrooms and 1 bathroom, providing 1,200 square feet of comfortable living space with private access for each townhouse. Currently generating $1,875 per month with the potential to increase to $2,100, this duplex presents an excellent chance for investors or those looking to reside in one unit while renting the other. Each unit includes a spacious 12 x 10 attached storage rooms. With a proforma cap rate of 6.03% and a proforma cash on cash return of 3.30%, this property stands out as a lucrative investment prospect.
Proforma Cap Rate: 6.03%
Projected Gross Income: $50,400
Projected NOI: $34,646
Location
State CO
County Denver
Zoning E-SU-D1X
Interior
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace N
Laundry In Unit
Exterior
Fence Full
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Two
Structure Type Frame,Vinyl Siding
Schools
Elementary Schools Castro
Middle Schools Kepner
High Schools Abraham Lincoln
School District Denver 1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, Other
Listing Terms 1031 Exchange, Cash, Conventional, Other
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Kentwood Real Estate DTC, LLC
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