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

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Alissa Rhoades

arhoadeshome@gmail.com +1(970) 646-1925

$ 820,000

Est. payment | -/mo

8 Beds

4 Baths

3,216 SqFt

Save

$ 820,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,216 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 3,216 sqft

Subdivision South Denver

MLS Listing ID 4181941

Style Ranch

Bedrooms 8

HOA Y/N false

Abv Grd Liv Area 3,216

Originating Board REcolorado

Year Built 1962

Annual Tax Amount $3,980

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

Area Metro Denver

Zoning E-TH-2.5

Direction Google Maps is accurate

Rooms

Basement Full, Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave

Exterior

Garage Spaces 2.0

Roof Type Composition

Handicap Access Level Lot

Building

Lot Description Level

Faces South

Story 1

Sewer City Sewer, Public Sewer

Level or Stories One

Structure Type Wood/Frame,Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Barnum

Middle Schools Kipp Sunshine Peak Academy

High Schools West

School District Denver 1

Others

Senior Community false

SqFt Source Appraiser

Special Listing Condition Private Owner

Information and Real Estate Services (IRES)

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

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(970) 646-1925

arhoadeshome@gmail.com

Learn More About LPT Realty