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2535 W 55th AVE Denver, CO 80221
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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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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with eXp Realty, LLC