Homes for sale - 2827 W Park PL, Denver, CO 80219

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Jim Cavoto

jim.cavoto@engelvoelkers.com +1(720) 692-6563

$ 820,000

Est. payment -/mo

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Price Dropped by $15K

2827 W Park PL Denver, CO 80219

8 Beds

4 Baths

3,216 SqFt

UPDATED:

11/07/2024 02:40 AM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,216 sqft

Price per Sqft $254

Subdivision South Denver

MLS Listing ID 4181941

Bedrooms 8

HOA Y/N No

Abv Grd Liv Area 1,608

Originating Board recolorado

Year Built 1962

Annual Tax Amount $3,980

Tax Year 2023

Property Description

New price! Here's your chance to own BOTH sides of a true side by side duplex in Denver that has been nicely updated! This property is perfect for an owner-occupant who wants to rent out one side or for an investor who wants to secure a stable and well-performing property in the heart of Denver. Ready to help your 1031 Exchange! It has been professionally managed for several years by a local company. Based on current leases, gross revenue is $58,440/annually. 2827 (the front unit) is rented at $2450/month + $50/month utility fee. This lease ends on 26 Sep 2024. 2829 (the rear unit) is rented at $2295/month + $75/month utility fee. This lease ends in March 2025. Total gross income currently is $4,870/month. The front unit has 4beds/2baths with 2 bedrooms and 1 bathroom on the main floor. Downstairs in the finished basement you'll find 2 bedrooms, 1 bedroom, and the laundry. The rear unit has a similar set up with a total of 4 beds/2 baths with 2 bedrooms, 1 bathroom on the main floor and 2 bedrooms, 1 bathroom, and laundry downstairs. With each unit, there's an exterior door at the top of the basement stairs providing opportunity for separate access to basement. The rear unit has a larger fenced-in backyard. Both of these units are nicely updated, quite spacious and provide a comfortable and quality setting for future tenants.

Location

State CO

County Denver

Zoning E-TH-2.5

Rooms

Basement Finished, Full, Interior Entry

Interior

Heating Forced Air

Cooling Central Air

Flooring Vinyl

Fireplace N

Appliance Dishwasher, Dryer, Microwave, Oven, Range, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Private Yard

Parking Features Concrete

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Sewer Public Sewer

Level or Stories One

Structure Type Brick,Frame

Schools

Elementary Schools Barnum

Middle Schools Kipp Sunshine Peak Academy

High Schools West

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

Listed by Real Broker LLC • drew@modernwesthome.com,303-929-7844

Jim Cavoto

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+1(720) 692-6563

Jim Cavoto

2827 W Park PL Denver, CO 80219

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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2827 W Park PL