$940,000 Price Analysis 433 S Logan StDenver, 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 |
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
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.