$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 Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Subdivision Westwood
MLS Listing ID 9691203
Sold Date 08/04/25
Bedrooms 4
HOA Y/N false
Abv Grd Liv Area 2,400
Year Built 2007
Annual Tax Amount $3,158
Lot Size 6,534 Sqft
Acres 0.15
Property Sub-Type Income Property
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
Area Metro Denver
Zoning E-SU-D1X
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Spaces 4.0
Fence Fenced
Utilities Available Natural Gas Available
Roof Type Composition
Handicap Access Level Lot
Porch Patio
Building
Lot Description Level
Story 2
Sewer City Sewer, Public Sewer
Level or Stories Two
Structure Type Wood/Frame,Vinyl Siding
New Construction false
Schools
Elementary Schools Castro
Middle Schools Kepner
High Schools Abraham Lincoln
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
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