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3431 W Dakota Ave, Denver CO 80219

$600,000
4 Bedrooms , 2 Bathrooms

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Property Description

*Turnkey remodeled DUPLEX, both units sold together. Live in one side and rent the other or rent both. *New roof June 2021 *New egress windows for both garden-level bedrooms *Water heater in garden-level replaced in 2021 *Vinyl windows in both units *Driveway Parking: 3 cars cars *Backyard can be kept as is, divided with fence to create private yards for each unit or an ADU could be built (Zoning E-TU-C allows for ADU, 2-8 units, buyer to verify.) RENTS: *Current garden-level lease in place until 6/15/22. Rent is $1,370. Tenant wants to stay. *The upstairs unit, 3435, rented for $1,486/month as Section 8 and the unit had a complete overall since then. Rentometer supports rents of $1,850 for nicer 2 bedroom/1 bath duplexes in Westwood. No rent increase upstairs since 2019 and it was not in good condition when rented. Great opportunity to increase rents in both units. Cap Rate Calculation: proforma up 1,850,down 1,420=39,240 gross NOI=30,678 1,692 annual tax 1,812 ann

General Features

MLS: 2281891Status: Sold
Sold Date: 06/17/2022Bedrooms: 4
Baths: 2Total SqFt: 1,490ft²
Finished SqFt: 890ft²Above Ground SqFt: 890ft²
Acreage: 0.15 acresLot Size: 6,750ft²

School Information

District: Denver 1
Elementary: Munroe
Middle: Compass Academy
High: West

Walking Score

Property Database Last Updated: May 28th 2024 02:55 AM

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