2942 W 42nd Avenue, Denver, CO 80211

$1,195,001
: 8
BD
: 5
BA
: 4,368
SqFt

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List Price: $1,195,001
Type: Multifamily
Property Sub Type: Duplex
Status: ACTIVE
MLS Number: 8273725
Architectural Style: Bungalow
Structural Style: Bungalow
Bedrooms: 8
Bathrooms: 5
Sqft Total: 4,368
Neighborhood: Sunnyside
Year Built: 1965

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Property Description

2 for 1 - two houses for one price in Sunnyside! The cap rate of 6% is based on a possible rental income total of $8700 which is conservative compared to the rents in the area. This is a Rare Family Compound w/ Two Houses, Three Separate Living Residences, 7 parking spaces, all on One Lot! A unique opportunity to own two residences on one lot, creating three separate living options ideal for multi-generational living, rental income, a private office, guest house or a combination of these. The main house is a well-built, low-maintenance brick home featuring two levels with similar floor plans w/ 3268 sq ft total (1512 upper). Both the upper level & garden level offer 3 bedrooms, 1 full bath, ¼ bath, kitchen, family room with fireplace, dining area, abundant natural light, and separate entrances. Both levels are move-in ready and exceptionally well maintained. The upper level features oak floors, a kitchen, spacious living areas, & an open-concept family & dining room. A covered concrete patio extends the living space outdoors. The mostly concrete rear yard provides low-maintenance living while offering ample room for pets, play, and entertaining. The garden level has natural light in every room, creating a bright living environment unlike a typical basement. Similar layout as the upper level w/ a large bonus room and additional storage. The second house offers outstanding flexibility with 1100 sq ft total. Updated a few years ago, potentially 4 beds, 2 baths, laundry, & attached garage. A fenced grass yard provides space for pets and outdoor enjoyment, and a covered front patio adds outdoor living space. In addition to the garage, the property includes five extra on lot parking spaces, eliminating the need for street parking. Properties offering this level of flexibility, income potential, and versatility are exceptionally rare. This unique Denver offering delivers.

(303) 522-8226

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