2535 W 55th Ave, Denver, CO 80221

$600,000
4
BD
2
BA
2,048
SqFt

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Sold Price
$600,000
List Price
$659,000
Closing Date
Dec 27, 2023
Type
Multifamily
Property Sub Type
Duplex
Status
CLOSED
MLS Number
2100890
Bedrooms
4
Bathrooms
2
Sqft Total
2,048
Year Built
1986

Property Description

The property boasts two 3-bedroom, 2-bathroom units that consistently achieve robust rental rates. These large units cater to the demand for comfortable and accommodating living spaces, attracting quality tenants and bolstering the property's income potential. This investment opportunity presents an appealing in-place cap rate, offering a rare opportunity to secure a favorable yield in the prevailing interest rate climate. Proximity to Regis University: Located just minutes away from Regis University, this property offers a convenient housing option for graduate students or staff. Great opportunity for owner occupant to live in one side and cover the majority of the debt. Rare side-by-side duplex that offers two separate driveways, yards, and 2-car garages.

Additional Information

Tax Amount
$2,991
Water Source
Public
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central Air
School District
Westminster Public Schools
Elementary School
Hodgkins
Middle Or Junior School
Scott Carpenter
High School
Westminster

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Calculator source: Real Geeks

Courtesy of Capstone Apartment Partners, LLC . ariddle@capstone-companies.com

Selling Office: eXp Realty, LLC.