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721 W 9th Ave Denver, CO 80204
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Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 1,588 sqft
Subdivision Smiths
MLS Listing ID 4373854
Sold Date 05/12/23
Style Ranch
Bedrooms 3
HOA Y/N false
Abv Grd Liv Area 1,668
Year Built 1921
Annual Tax Amount $2,964
Lot Size 2,178 Sqft
Acres 0.05
Property Sub-Type Income Property
Source REcolorado
Property Description
Through no fault of the seller, this property is back on the market! Incredible investment opportunity for a turn key duplex in the fantastic Lincoln Park neighborhood! This property offers a main house on the street level. Featuring 2 large bedrooms, 1 full bathroom, large kitchen with updates, dining room and living room. The unit downstairs features 1 bedroom, 1 full bathroom, a full kitchen and a separate living area. Shared laundry located in the basement. Both units are currently occupied with great tenants. Rents are currently below market rent and could both be raised $200-$400/mo as well as expenses decreased if utilities were charged back to tenants. If aesthetic improvements were done to the property, rents could easily soar beyond projected numbers! Don't miss out on this wonderful income property that can cashflow day 1 with lots of potential! If buyer wanted to occupy the main house, there's a great opportunity to offset their mortgage with the downstairs apartment income!
Location
State CO
County Denver
Area Metro Denver
Zoning C-MX-3
Direction Google Maps
Rooms
Basement Partially Finished
Interior
Heating Hot Water
Cooling Room Air Conditioner
Fireplaces Type Single Fireplace
Fireplace true
Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal
Laundry Common Area
Exterior
Fence Fenced
Roof Type Composition
Handicap Access Level Lot
Porch Patio
Building
Lot Description Level
Faces South
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Brick/Brick Veneer,Concrete
New Construction false
Schools
Elementary Schools Dora Moore
Middle Schools Kepner
High Schools West
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
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Bought with MODUS Real Estate