$625,000 Price Analysis    ♡   Denver, CO 80220 4 bed 3 bath 2,416 SqFt ($258/SqFt) 5,520SqFt lot. Built 1932 Listed 2024-07-02, Taxes $1,681 | Ⓧ USDA Ineligible due to location near Denver |
DUPLEX/RESIDENTIAL: Residential Two houses on one lot.
Excellent investment property or a use as single family home with charming Accessory Dwelling Unit (ADU). ADU is on separate gas and electric meters tremendous income. Two completely separate units each has own privacy, with fence and separate parking. The main house is in great condition, move in ready and can live in or rent out. 2016 sq feet in the main house + finished attic (not included in sq ft) which is rare to find a home with this size in the area with an ADU. Some updating included paint, carpet, flooring. With 3 bedrooms, 2 Full bathrooms, a finished attic/loft ara. There currently is a hideaway staircase to the loft but potential for a metal spiral staircase for more convenience. There is finished basement in the main house. The ADU is about 400 square feet and is 1 bedroom, 1 bathroom with efficiency kitchen and quaint living/dining room.
Units are separately metered for gas and electric. Both units do share one water tap. NOTE: NET OPERATING BASED ON PROFORMA . Buy as Commercial or Seller will consider a Commercial NNN Lease. COMMERCIAL: RARE ZONING ALLOWS for Business/Commercial and Residential - This is a Prime location with high traffic, ideal for office or retail business. Uses include but are not limited to: Arts, recreation, entertainment, Eating or Drinking establishment, Office, Retail Sales, Service and Repair, Light automotive Vehicle / Equipment Sales, Rentals, Service and Repair and Home Occupations (Live/work) With two units on one lot, there are several business opportunities With Two Units - If you purchase you can have front as your main businesses and use back for are apartme nt rental or rent to a small retail business. Front unit: has 2 private room/offices, large waiting area or store front, kitchen and break room, conference room/or additional space in lower level. Back: Open room and 1 private room, 1 full bath with break room
Presented by Kristen M. Miller at
A Perfect Location Realty.
Property MLS #1013366 from IRES
Full Bathrooms: 3
Walk-In Closet(s)
Furnished: Yes
Interior Amenities: Eat-in Kitchen, Walk-in Closet, 6-Panel Doors
Door Features: 6-Panel Doors
Refrigerator
Washer
Dryer
Heating Features: Forced Air, Baseboard
Heating: Yes
Other Structures: Carriage House
Patio And Porch Features: Patio
Lot Size Acres: 0.1267218
Lot Size Square Feet: 5520
Calculated Total Monthly Association Fees: 0
Elementary School District: Denver District 1
High School: Washington, George
High School District: Denver District 1
Middle School: Hill
Middle or Junior School District: Denver District 1
Map directions Map directions Map directions Map directionsBedrooms in Unit-1: 3
Bedrooms in Unit-2: 1
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Unit-2 Square Feet: 400
Unit 1 Total Actual Rent: 2800
Unit 2 Total Actual Rent: 1200
Source Listing Status: Active
County: Denver
Tax Year: 2023
Source Property Type: Residential Income
Possible Use: Multi-Family, Commercial, Commercial or Industrial
Inclusions: No Units Furnished, Electric Range/Oven, Refrigerator, Clothes Washer, Clothes Dryer, Smoke Alarm(s)
MLS Area Minor: Metro14/DNE
Source Neighborhood: Welchs Colfax Ave Sub
Subdivision: Welchs Colfax Ave Sub
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $11,550 + $9,590 $21,140 | $1,681 |
| 2021 | $11,880 + $9,870 $21,750 | $1,622 |
| 2020 | $11,790 + $9,870 $21,660 | $1,923 |
| 2019 | $16,060 + $9,870 $25,930 | $1,869 |
| 2018 | $11,200 + $7,950 $19,150 | $1,481 |
| 2017 | $11,200 + $7,950 $19,150 | $1,477 |
| 2016 | $6,020 + $7,910 $13,930 | $1,135 |
| 2015 | $6,020 + $7,910 $13,930 | $1,088 |
| 2014 | $6,970 + $2,610 $9,580 | $795 |
| 2013 | $6,970 + $2,610 $9,580 | $796 |
| 2012 | $6,731 + $2,619 $9,350 | $786 |
| 2010 | $6,731 + $2,619 $9,350 | $718 |
| 2009 | $8,171 + $2,619 $10,790 | $702 |
| 2008 | $8,171 + $2,619 $10,790 | $769 |
| 2007 | $8,041 + $3,479 $11,520 | $770 |
$625,000
IRES
Listing removed 2024-06-29
$0
REcolorado
Listed 2024-01-12
$625,000
REcolorado
Sold 2020-02-03
$542,500
Public Record
Sold 2019-12-23
$557,000
Public Record
Sold 2007-05-10
$84,000
Public Record
Sold 2004-12-02
$189,900
Public Record
Sold 1996-07-12
$47,500
Public Record
Sold 1994-01-07
$27,900
Public Record
Year Built: 1932
Construction Materials: Wood/Frame, Stucco, Wood Siding
Direction Faces: West
Levels: One
Property Age: 92
Property Condition: Not New, Previously Owned
Roof: Composition
Structure Type: Duplex
Architectural Style: Cottage/Bung, Ranch
Gas: Natural Gas, Separate Meter Gas, Excel
Sewer: City Sewer
Natural Gas Available
Electricity Available
Water Source: City Water, Denver
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.