340 S Alcott St, Denver, CO 80219

$870,000
6
BD
4
BA
3,582
SqFt

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Sold Price
$870,000
List Price
$859,000
Closing Date
Apr 16, 2024
Type
Multifamily
Property Sub Type
Quadruplex
Status
CLOSED
MLS Number
3581237
Bedrooms
6
Bathrooms
4
Sqft Total
3,582
Year Built
1953

Property Description

Introducing a unique opportunity for the savvy Househacker in Athmar Park! This versatile Denver Duplex not only offers flexibility but also opens the door to the possibility of transforming into a fourplex. Imagine living in a spacious 3-bedroom unit while simultaneously renting out two other units within the same building to offset your mortgage costs. It's the ultimate live-and-invest arrangement! The upper level features two well-appointed 2-bedroom units, providing comfortable living spaces. Meanwhile, the lower level boasts two separate 1-bedroom units, allowing for various occupancy options. With a total of 6 bedrooms and 4 bathrooms, the configuration of this property adapts to your needs, offering a multitude of possibilities. Explore the potential of utilizing FHA financing with as little as 3.5% down, making this investment more accessible for those eager to step into the real estate market. Whether you're a Househacker looking for a smart living arrangement or a seasoned investor seeking to expand your portfolio, this Athmar Park Property is a must-see. Recent updates, including original hardwood floors in one unit and modern LVT flooring in others. The interiors showcase fresh paint, creating a welcoming and contemporary atmosphere. Practical updates include newer hot water heaters and 90% efficient furnaces. plumbing has been upgraded with a combination of Pex and copper. Don't miss your chance to explore the potential of this Athmar Park Property – a dynamic investment opportunity that seamlessly blends modern living with strategic income generation. Contact listing team for current and projected rents, expenses and other information about property updates.

Additional Information

Tax Amount
$4,054
Exterior Features
Private Yard, Rain Gutters
Water Source
Public
Sewer
Public Sewer
Basement Type
Full
Heating
Forced Air
Cooling
None
School District
Denver 1
Elementary School
Valverde
Middle Or Junior School
Kepner
High School
West

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Courtesy of Keller Williams Realty Downtown LLC . felicia@milehighcollective.com,720-706-3257

Selling Office: Keller Williams Advantage Realty LLC.