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$590,000 Under Contract

1455 West Dakota Avenue
Denver, CO 80223

6 beds | Income
2,632 sq ft; lot: 9583 sq ft - MLS# 6902942
Property Photo
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Description

Check out this 2632 square foot Duplex income property! 6 bedrooms, 4 baths, Built in the year 2000. Cool set up and perfect if you want to live in one unit and rent out the other. Upper unit is vacant and ready to move in. Bottom unit is on a 16 year old month to month lease! You have total flexibility, but know the tenants would love to stay and sign long term leases. The property generates $48,000 rental income annually. Cap Rate of 8% and Gross Rent Multiplier of 12.29. This is a high demand rental area and easy to keep fully occupied. Hard to find properties like this awesome investment!

Features

  • # of Parking Spaces: 2
  • Additional Information: Income Potential, Quick Move-In, Quick Possession, Tenant Occupied
  • Annual Expense Actual: 4484
  • Annual Expense Proj: 4484
  • Annual Income Actual: 44400
  • Annual Income Proj: 48000
  • Annual Net Income Actual: 39916
  • Annual Net Income Proj: 43516
  • Architectural Style: Traditional
  • Bedrooms: 6
  • Building Area Source: County Records
  • Building Type: Duplex (All Units)
  • Construction Materials: Wood Siding
  • Construction Methods: Frame
  • Cooling: Ceiling Fan
  • County/Area: Denver County
  • Elementary School: Valverde
  • Exterior Features: Deck, Fence, Patio, Yard
  • Flooring: Carpet, Tile Floor
  • Heating: Forced Air
  • Heating Fuel: Gas
  • High School: West
  • Insurance Expense: 1379
  • Interior Features: Cable Available, Double Pane Windows, Five Piece Bath, Master Bath, Skylights, Vaulted, Window Cover
  • Is Incorporated YN: Y
  • Kitchen Appliances: Dishwasher, Disposal, Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven
  • Laundry Availability: W/D Hookups In Unit
  • Listing Status: Under Contract
  • Lot Size: 0.2200
  • Lot Size Sq Ft: 9370.00
  • Maintenance Expense: 1150
  • Middle School: West Leadership
  • Number Of Units Vacant: 1
  • Other HVAC: Gas Water Heater
  • Owner Paid Utilities: Insurance, Water
  • Parking Count: 1
  • Parking Spaces: 2
  • Potential Rental Income Annual: 48000
  • Property Type: Income
  • Real Estate Taxes: 1955
  • Rentals Allowed: Long Term
  • Road Surface: Paved Road
  • Roofing: Composition Shingles
  • School District: Denver 1
  • Seller Type: Individual
  • Site Features: Corner Lot
  • Sq Ft Above: 2632
  • Sq Ft Finished: 2632
  • Sq.Ft.: 2632
  • Sqft Total: 2632
  • Structural Style: Ranch/1 Story
  • Style: Traditional, Ranch/1 Story, Low Rise (1-3)
  • Style Characteristics: Low Rise (1-3)
  • Sub Type: Income
  • Subdivision: Athmar Park
  • Subdivision/Neighborhood: Athmar Park
  • Tax Amount: 1955.00
  • Tax Year: 2017
  • Tenant Paid Utilities: Electricity, Gas, Internet, Lawn Service, Phone
  • Total Baths: 4.00
  • Total Offstreet Spaces: 2
  • Unit Access: Exterior Access
  • Unit Count: 2
  • Units: 2
  • Utilities: Cable TV, Internet Access (Wired), Telephone
  • Utility Billingto Tenants: Direct Billing From Utility
  • Utility Metering: Common Water, Separate Electric, Separate Gas
  • Water Annual Expense: 1920
  • Year Built: 2000
  • Zip Code: 80223
  • Zoning: Duplex

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