UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,134 sqft
Price per Sqft $215
Subdivision Swansea
MLS Listing ID 7155437
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 1,567
Year Built 2000
Annual Tax Amount $1,975
Tax Year 2024
Lot Size 6,003 Sqft
Acres 0.14
Property Sub-Type Duplex
Source recolorado
Property Description
At full stabilization, projected gross income reaches approximately $72,000 per year, delivering a 10.67% gross cap rate at the $675,000 list price. Current mixed-rent income already totals $62,340 annually with instant upside available upon leasing the vacant unit. 2025 property taxes are only $1,975.28, helping maximize long-term yield. The current owner's total monthly payment of $3,782.96 including taxes and insurance is from a loan originated within the past year and is provided for reference only. Buyer financing and payments will vary.
One unit is presently occupied by a long-term Housing Authority tenant, providing government-backed income stability with proven performance. The second unit offers the opportunity for either traditional market rent or full Housing Authority placement for optimized yield. Pro forma with both scenarios is available in MLS supplements.
Located in a high-density rental corridor dominated by duplex, triplex, and quadplex income properties, this asset benefits from consistent tenant demand and long-term rental performance. Zoning is E-TU-B (Urban Edge) offering future redevelopment and value-add flexibility. This is an ideal opportunity for DSCR investors, cash-flow buyers, and portfolio builders seeking strong returns today with multiple exit strategies tomorrow. Turnkey income with serious upside.
Location
State CO
County Denver
Zoning E-TU-B
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling None
Flooring Vinyl
Fireplace N
Laundry In Unit
Exterior
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Swansea
Middle Schools Bruce Randolph
High Schools Manual
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Get More Information
