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$435,000
Est. payment /mo
2 Beds
1,619 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,619 sqft
Price per Sqft $268
Subdivision Colfax Villa Resub 2Nd Flg
MLS Listing ID 4908892
Bedrooms 2
HOA Y/N No
Abv Grd Liv Area 829
Year Built 1951
Annual Tax Amount $2,886
Tax Year 2025
Property Sub-Type Duplex
Source recolorado
Property Description
*NON-CONFORMING DUPLEX, buyer to do own due diligence. But great purchase for a seasoned investor looking for a TRUE 7.1 CAP RATE in the path of development. SFR turned into duplex with $3520 in current rents. Just received an FHA appraisal at $455,000 with 2nd full kitchen in basement as approved use.
Both units are 2 bed, 1 bath, with spacious open kitchens, laundry in-unit, ample off-street parking and a huge fenced back yard. Both bedrooms are conforming with egress windows (but still don't show up in County Records). Current tenants are lovely and want to stay; they also take care of yard maintenance. Upper lease through August; lower through November.
Cosmetic could use a little TLC at the turn, but major systems are new/updated: New sewer line 2022, new roof 2023, new water heater in lower unit 2026, updated electrical 2026, new shower in lower unit 2026.
Please reach out with any questions. ***Pro Forma & OM available in Supplements; Appraisal & Inspection avail upon request
Both units are 2 bed, 1 bath, with spacious open kitchens, laundry in-unit, ample off-street parking and a huge fenced back yard. Both bedrooms are conforming with egress windows (but still don't show up in County Records). Current tenants are lovely and want to stay; they also take care of yard maintenance. Upper lease through August; lower through November.
Cosmetic could use a little TLC at the turn, but major systems are new/updated: New sewer line 2022, new roof 2023, new water heater in lower unit 2026, updated electrical 2026, new shower in lower unit 2026.
Please reach out with any questions. ***Pro Forma & OM available in Supplements; Appraisal & Inspection avail upon request
Location
State CO
County Arapahoe
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling Evaporative Cooling
Fireplace N
Exterior
Exterior Feature Private Yard
Roof Type Composition
Total Parking Spaces 6
Garage No
Building
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Wood Siding
Schools
Elementary Schools Fulton
Middle Schools Aurora West
High Schools Aurora Central
School District Adams-Arapahoe 28J
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Khaya Real Estate LLC
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