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$940,000   Price Analysis
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433 S Logan St
Denver, CO 80209
3 bed 2 bath 1,915 SqFt ($490/SqFt)
4,340SqFt lot. Built 1891
Listed 2024-05-13
Ⓧ USDA Ineligible
due to price & location

near Denver

GREAT HOUSE HACK OPPORTUNITY!

Through Sellers preferred mortgage company, offering a 2/1 buy down with a $17, 000 credit. This duplex offers the perfect opportunity to live in one unit and rent the other unit, lowering you mortgage payment by 2-3k depending on the unit you choose. The property itself is a beautifully renovated home with separate entrances for each living area, one upstairs and one on the main level. Brand new paint throughout the exterior and interior. The main living area boasts bright and open living spaces with new flooring. The kitchen is a chef's dream, featuring newer appliances, new soft close drawers and cabinets, quartz countertop and herringbone tile backsplash. The rental unit has its own entrnce, kitchen, bedroom, laundry and bathroom, making it completely self-contained and perfect for generating rental income.

The rental unit has also been renovated to the same high standards as the main living area, ensuring that your tenants will be comfortable and happy. The two car garage and yard have been separated to allow separate access to parking and outdoor space to relax individually. The plumbing and electrical systems have been replaced and updated, ensuring that the home is both efficient and safe. Just installed water heater and furnace for main level. The new lighting fixtures throughout the house perfectly highlight the stunning upgrades and create a warm and inviting ambiance. Located in the highly sought-after Washington Park neighborhood, walking distance to Wash Park, vibrant dinning, shopping, entertainment options, ensuring you're never far from the excitement of Denver. Great turn key investment opportunity. 5 cap with current rents. Pro forma rents put it at a 6 cap. Turn key investment opportunity in A+ neighborhood. Cash flow positive with 20% down. Tenants in upstairs until August. Don't miss out on this opportunity to live in one part of the house and rent out the other half!


Presented by Maryann Nabholz at
HomeSmart .


Property MLS #3842950 from REcolorado

Bedrooms: 3
Bedrooms On Main Level: 2
Bedroom 1 Level: Main
Bedroom 2 Level: Main
Bedroom 3 Level: Upper

Total Bathrooms: 2
Full Bathrooms: 1
3/4 Bathrooms: 1
Bathrooms On Main Level: 1

Built-in Features
Ceiling Fan(s)
Quartz Counters
Furnished Description: Unfurnished
Flooring: Laminate

Dishwasher
Dryer
Gas Water Heater
Oven
Range
Range Hood
Refrigerator
Washer
Laundry Features: In Unit

Bathroom (Full) Level: Main
Bathroom (3/4) Level: Upper
Living Room 2 Level: Main
Laundry Level: Main
Living Room Level: Upper
Basement Description: Partial

Cooling Features: Central Air
Fireplace Features: Living Room, Wood Burning
Heating Features: Forced Air, Hot Water
Number of Fireplaces: 1

Dining Room Level: Main
Kitchen Level: Main
2nd Kitchen Level: Upper

Garden
Private Yard
Rain Gutters
Fencing: Full
Patio And Porch Features: Rooftop
Road Surface Type: Paved

Lot Description: Level
Lot Size Acres: 0.0996327
Lot Size Square Feet: 4340

Garage Spaces: 2
Parking Features: Concrete
Parking Total: 4

Elementary School: Lincoln
Elementary School District: Denver 1
High School: South
High School District: Denver 1
Middle School: Grant
Middle or Junior School District: Denver 1

Lincoln Elementary School is a public elementary school located approximately 0.4 miles away.
directions icon Map directions

South High School is a public high school located approximately 1.5 miles away.
directions icon Map directions

Grant Middle School is a public middle school located approximately 1.6 miles away.
directions icon Map directions

The Montessori School Of Washington Park is a private elementary school located approximately 0.2 miles away.
directions icon Map directions

Number of Units: 2

Calculated Total Monthly Association Fees: 0

Annual Tax Amount: 3326.00
Source Listing Status: Active
County: Denver
Directions: Gps, park right in front of the house on Logan Street.
Tax Year: 2022
Source Property Type: Residential
Exclusions: Tenants Personal Property
Source Neighborhood: Washington Park West
Parcel Number: 5151-12-030
Subdivision: Washington Park West
Zoning: U-SU-B2
Property Subtype: Single Family Residence
Source System Name: C2C

Listed 2024-05-13
$940,000
REcolorado

Total Square Feet Living: 1815
Year Built: 1891
Above Grade Finished Area: 1815
Below Grade Unfinished Area: 100.00
Construction Materials: Brick
Direction Faces: East
Entry Location: Ground
Levels: Two
Property Age: 133
Property Condition: Updated/Remodeled
Structure Type: House

Sewer: Public Sewer
Water Source: Public

Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Click Thumbnail Images To View Full Size
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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.