721 W 9th Ave, Denver CO 80204
$699,900
3 Bedrooms ,
2 Bathrooms
Property Description
Through no fault of the seller, this property is back on the market! Incredible investment opportunity for a turn key duplex in the fantastic Lincoln Park neighborhood! This property offers a main house on the street level. Featuring 2 large bedrooms, 1 full bathroom, large kitchen with updates, dining room and living room. The unit downstairs features 1 bedroom, 1 full bathroom, a full kitchen and a separate living area. Shared laundry located in the basement. Both units are currently occupied with great tenants. Rents are currently below market rent and could both be raised $200-$400/mo as well as expenses decreased if utilities were charged back to tenants. If aesthetic improvements were done to the property, rents could easily soar beyond projected numbers! Don't miss out on this wonderful income property that can cashflow day 1 with lots of potential! If buyer wanted to occupy the main house, there's a great opportunity to offset their mortgage with the downstairs apartment incomeGeneral Features
MLS: 4373854 | Status: Sold |
Sold Date: 05/12/2023 | Bedrooms: 3 |
Baths: 2 | Total SqFt: 1,668ft² |
Finished SqFt: 906ft² | Above Ground SqFt: 906ft² |
Acreage: 0.05 acres | Lot Size: 2,178ft² |
School Information
District: Denver 1 |
Elementary: Dora Moore |
Middle: Kepner |
High: West |