4871 Depew St, Denver, CO 80212

$550,000
4
BD
2
BA
2,000
SqFt

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List Price
$550,000
Type
Single Family Residential
Property Sub Type
Single Family Residence
Status
ACTIVE
MLS Number
5095740
Bedrooms
4
Bathrooms
2
Sqft Total
2,000
Year Built
1953

Property Description

Here’s an opportunity to own a solid duplex with options. The property features two 2-bedroom, 1-bath units, each with a good-sized living room and a bright, sunny kitchen. The upper unit has hardwood floors, a cheerful kitchen and dining area, and mountain views. The lower unit is garden level with large windows that bring in plenty of natural light, so it doesn’t feel like a typical lower level condo The upper unit is currently vacant and ready for a new tenant, or it could be renovated to add value and build equity. The lower unit is leased for the next year at $1,450/month to a quiet, responsible tenant, providing immediate rental income. There have already been some important updates, including newer vinyl windows and updated electrical with two new panels. Outside, there’s a large enclosed yard, storage shed, and a spacious driveway with room for two cars off the street. Inspiration Park is located just steps away! Live in the upper unit and let the lower unit help pay the bills, rent both units for an investment property, or renovate the upper unit and capitalize on the upside. A flexible property with plenty of possibilities. 24-hour notice required for showings.

Additional Information

Lot Size Acres
0.14
Lot Size Sq Ft
6,300
Tax Amount
$3,440
Water Source
Public
Sewer
Public Sewer
Basement Type
Finished
Heating
Forced Air
Cooling
None
School District
Denver 1
Elementary School
Centennial
Middle Or Junior School
Skinner
High School
North

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Calculator source: Real Geeks

Courtesy of Compass - Denver . 303-327-6522