Description
This multi-unit complex located in Denver’s South Park Hill neighborhood comprises four townhomes and one duplex, each recently fully renovated to modern standards. Spread over a total area of 9,818 sq ft on a combined 12,218 sq ft lot, this property offers enhanced living spaces and a sound investment potential.
Property Details:
Renovations: The properties have been updated with new roofs, efficient furnaces, modern kitchens including new appliances, contemporary flooring throughout, quartz countertops, jacuzzi tubs, and new tankless hot water heaters.
Unit Configuration:
Townhomes: Each townhome features 3 bedrooms and 2 bathrooms, providing ample space for families or shared living arrangements.
Duplex: The upper unit consists of 2 bedrooms and 1 bathroom, while the lower unit has 1 bedroom and 1 bathroom, ideal for different rental needs.
Rental Income: Projected gross annual income is $231,504, with the townhomes projected rental income for $3,818 each and the duplex units contributing a total of $4,010 per month
.
Outdoor Features: Two of the units have a private yard and an irrigation system, enhancing the outdoor living experience.
Location: Centrally located with a high Walk Score of 79, the property is in proximity to essential amenities and public transportation.
Offered at $2,990,000, this collection represents a significant investment opportunity in one of Denver’s most sought-after areas.
Location
Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX Data is provided exclusively for consumers’ personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by RECOLORADO®. Properties displayed may be listed or sold by various participants in the MLS. Updated: 18th May, 2024 11:16 PM (UTC)
Listing Agent: James Hund
Listing Office: EXp Realty, LLC
Attribution contact: 303-746-7504
