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242 Hooker St, Denver, CO 80219

$680,000
: 6
BD
: 2
BA
: 2,334
SqFt

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Sold Price: $680,000
List Price: $695,000
Closing Date: May 08, 2024
Type: Single Family Residential
Property Sub Type: Single Family Residence
Status: CLOSED
MLS Number: 9464680
Bedrooms: 6
Bathrooms: 2
Sqft Total: 2,334
Year Built: 2001

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Property Description

Welcome to this exceptional duplex investment opportunity located in Barnum. Unit 240 is vacant and ready for immediate viewing, presenting an excellent chance for prospective investors or owner-occupiers. Unit 240: Recently renovated with new flooring and paint throughout. Move-in ready condition, ideal for attracting tenants or to personally move in and house-hack. Potential rental income of $2600 per month in line with market rates, offering lucrative returns. Please see supplements for Rentometer report with rental comps. Unit 242: Currently leased through July 31, 2024, generating a stable monthly income of $2149. Provides immediate income for investors, ensuring a steady cash flow. Value add potential to increase rents to market rent at $2600/mo when the tenants lease is up this summer. This unit was fully remodeled prior to placing the tenants. This duplex investment presents a compelling opportunity for investors seeking income generation and capital appreciation in the vibrant Barnum neighborhood. Don't miss out on the chance to capitalize on this promising investment - schedule your showing of Unit 240 today! Showings on 242 when an offer is in hand.

(303) 522-8226

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Additional Information

Lot Size Acres: 0.14
Lot Size Sq Ft: 6,250
Tax Amount: $2,639
Water Source: Public
Sewer: Public Sewer
Heating: Forced Air, Steam
Cooling: None
School District: Denver 1
Elementary School: Barnum
Middle Or Junior School: Strive Westwood
High School: Southwest Early College