2827 W Park Place, Denver, CO 80219 (MLS # 4181941)
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Here's your chance to own 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. 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 upstairs. 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 upstairs 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.
DAYS ON MARKET | 45 | LAST UPDATED | 7/26/2024 |
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TRACT | South Denver | YEAR BUILT | 1962 |
COUNTY | Denver | STATUS | Active |
PROPERTY TYPE(S) | Multi Family |
Elementary School | Barnum |
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Jr. High School | KIPP Sunshine Peak Academy |
High School | West |
ADDITIONAL DETAILS | |
AIR | Central Air |
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AIR CONDITIONING | Yes |
APPLIANCES | Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer |
BASEMENT | Finished, Full, Interior Entry, Yes |
CONSTRUCTION | Brick, Frame |
EXTERIOR | Private Yard |
HEAT | Forced Air |
LOT DESCRIPTION | Level |
PARKING | Concrete |
SEWER | Public Sewer |
STORIES | 1 |
SUBDIVISION | South Denver |
TAXES | 3980 |
ZONING | E-TH-2.5 |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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