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4665 Gaylord St, Denver, CO 80216

$625,000
: 10
BD
: 4
BA
: 3,134
SqFt

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Sold Price: $625,000
List Price: $650,000
Closing Date: Oct 02, 2024
Type: Multifamily
Property Sub Type: Duplex
Status: CLOSED
MLS Number: 1548588
Bedrooms: 10
Bathrooms: 4
Sqft Total: 3,134
Year Built: 2000

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Property Description

Price reduced bringing this to an 8.6% cap rate with the ability to achieve over a 9% cap rate! Discover a fantastic investment opportunity located in the heart of Denver. This property is a side by side duplex with two 5 bedroom, 2 bath units! **Key Features:** - **Updated Interiors:** Both units boast modern white shaker cabinets, enhancing the contemporary appeal of the spaces. - **Off-Street Parking:** Enjoy the convenience of dedicated off-street parking at the rear of the property. - **Strong Financials:** Benefit from a sound investment with strong financial metrics. - **Separate Utilities:** Each unit is separately metered for gas and electric, offering tenants autonomy and simplifying management. - **Spacious Living:** With a total of 3134 square feet, there’s plenty of room for comfortable living. Also available for sale is the duplex located across the alley at 4660 Vine St. Can be purchased together or separately.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.14
Lot Size Sq Ft: 6,003
Tax Amount: $1,933
Water Source: Public
Sewer: Public Sewer
Basement Type: Finished
Heating: Forced Air
Cooling: None
School District: Denver 1
Elementary School: Swansea
Middle Or Junior School: Bruce Randolph
High School: Manual