Denver, CO 80221,2535 W 55th AVE
Denver, CO 80221,2535 W 55th AVE
Denver, CO 80221,2535 W 55th AVE
16
$600,000
$659,000
9.0%
Est.Price: ?

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4 BD
2 BA
2,048 SqFt

2535 W 55th AVE Denver, CO 80221

Est. payment /mo
SOLD DATE : 12/27/2023

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Key Details

Sold Price $600,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,048 sqft

Price per Sqft $292

Subdivision Westmoreland

MLS Listing ID 2100890

Sold Date 12/27/23

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 2,048

Originating Board recolorado

Year Built 1986

Annual Tax Amount $2,991

Tax Year 2022

Property Description

The property boasts two 3-bedroom, 2-bathroom units that consistently achieve robust rental rates. These large units cater to the demand for comfortable and accommodating living spaces, attracting quality tenants and bolstering the property's income potential.

This investment opportunity presents an appealing in-place cap rate, offering a rare opportunity to secure a favorable yield in the prevailing interest rate climate.

Proximity to Regis University: Located just minutes away from Regis University, this property offers a convenient housing option for graduate students or staff.

Great opportunity for owner occupant to live in one side and cover the majority of the debt.

Rare side-by-side duplex that offers two separate driveways, yards, and 2-car garages.

Location

State CO

County Adams

Interior

Heating Forced Air

Cooling Central Air

Fireplace N

Exterior

Garage Spaces 4.0

Roof Type Composition

Total Parking Spaces 4

Garage Yes

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Schools

Elementary Schools Hodgkins

Middle Schools Scott Carpenter

High Schools Westminster

School District Westminster Public Schools

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Capstone Apartment Partners, LLC • ariddle@capstone-companies.com
Bought with eXp Realty, LLC

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Darla Gray

Agent | License ID: 010693

+1(303) 204-5244

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