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4570 W Center Ave, Denver, CO 80219

$608,000
: 7
BD
: 2
BA
: 2,028
SqFt

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Sold Price: $608,000
List Price: $640,000
Closing Date: Jan 02, 2024
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 7791497
Bedrooms: 7
Bathrooms: 2
Sqft Total: 2,028
Year Built: 1957

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Property Description

Welcome to this Incredible Investment Opportunity in Southwest Denver, conveniently located near the Weir Gulch bike path! This property is a gem for the astute investor or a homeowner looking for a smart investment. Nestled in the heart of Southwest Denver, this duplex offers exceptional investment potential with its dual residences. The front house is 4 bedrooms and 1 bathroom. The covered patio and yard provide a cozy outdoor space to unwind and enjoy. Recently upgraded with newer flooring, egress windows, regular windows, and a fresh coat of paint, enhancing the overall appeal. This unit has a newer water heater, ensuring efficiency and comfort. The back house is 3 bedrooms and 1 bathroom. Features a covered patio and a separate yard, ideal for relaxation and outdoor activities. Ample off-street parking space for tenants. Updated with newer, flooring, and swamp cooler for optimal climate control and efficiency. Each unit comes equipped with storage sheds and a washer and dryer for added convenience. Vacant and move-in ready, offering a hassle-free transition for new tenants or owners. SELLER IS OFFERING A $15,000 CONCESSION TO THE BUYER FOR INTEREST RATE BUY DOWN OR WHATEVER THE BUYER CHOOSES. THIS PROPERTY IS ALSO ELIGIBLE FOR 2.5% OF THE LOAN AMOUNT BACK TO THE BUYER THROUGH GUARDIAN MORTGAGE. This is a prime opportunity for homeowners to reside in one unit and generate rental income from the other, maximizing the investment potential.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.14
Lot Size Sq Ft: 6,000
Tax Amount: $2,515
Water Source: Public
Sewer: Public Sewer
Basement Type: Finished, Partial
Heating: Forced Air
Cooling: Evaporative Cooling
School District: Denver 1
Elementary School: Knapp
Middle Or Junior School: Strive Westwood
High School: West Leadership