Listing Courtesy of: drew@modernwesthome.com,303-929-7844 - Andrew Morris - Real Broker Llc
303-929-7844
$820,000
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2827 W Park Place Denver, CO 80219
Duplex
Residence
8
Beds
4
Baths
...
Bed/Bath
3,216
Sq. Ft.
Property Activity
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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. Rea...dy 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.
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MLS#
4181941
Property Type
Duplex
Bedrooms
8
Bathrooms
Year Built
1962
Square Feet
3,216
sq. ft
Stories
1.0
Sewer
Public Sewer
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