Coldwell Banker Montrose Properties
1455 W Dakota Avenue
Denver, CO 80223

Description

Check out this 2632 square foot Duplex income property! 6 bedrooms, 4 baths, Built in the year 2000. Cool set up and perfect if you want to live in one unit and rent out the other. Upper unit is vacant and ready to move in. Bottom unit is on a 16 year old month to month lease! New Roof installed October 2018. You have total flexibility, but know the tenants would love to stay and sign long term leases. The property generates $48,000 rental income annually. Cap Rate of 8% and Gross Rent Multiplier of 12.29. This is a high demand rental area and easy to keep fully occupied. Hard to find properties like this awesome investment! ALL INSPECTIONS TO BE COMPLETED PRIOR TO SUBMITTING CONTRACT. CALL LISTOR WITH ANY QUESTIONS.

Details

MLS#6902942
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year2000
Days On Site109

Features

SQ Feet2,632
Story(s)1
Units2
ZoningDuplex

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80223
AreaDenver
Listing VS Median (in 80223)
Price:
$595,000
low | high
Med:
$415,000
80.252100840336% of Average
SqFt:
2,632
low | high
Med:
2,386
59.346504559271% of Average
$ / SqFt:
$226
low | high
Med:
$174
73.06099304768% of Average
On Site:
109
low | high
Med:
32
100% of Average
Listing Updated: 12/17/2018
MLS Number: 6902942
Listing Provided By:
Jon JD Dahl  of  MB JD AND ASSOCIATES
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