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Key Details
Sold Price $395,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,650 sqft
Price per Sqft $239
Subdivision Irving Park Sub
MLS Listing ID 7827205
Bedrooms 4
Year Built 2005
Annual Tax Amount $1,863
Tax Year 2024
Property Sub-Type Duplex
Property Description
This well-maintained four-bedroom, two-bathroom townhouse in a common-wall development offers a stable and attractive investment opportunity with long-term tenants already in place. Located in a high-demand rental market, the property presents an excellent chance for minor upgrades to further increase rental income.
The home's entrance is conveniently situated on the south side via W Nevada Pl, with a community parking lot providing two designated spaces per unit. The upper level features a spacious living area with high ceilings, one full bathroom, and one bedroom. The above-grade lower level includes three additional bedrooms, another full bathroom, and a walkout access to W Alameda Ave from one of the bedrooms. A reliable long-term tenant has occupied the property for over five years, ensuring consistent rental income.
Additionally, the seller owns 4560 W Alameda Ave, the adjoining common-wall property, as well as 4580 and 4582 W Alameda Ave. Each property is listed individually but can be purchased as a portfolio package for a larger investment opportunity. The 4560 W Alameda Ave unit has an identical layout with higher rent, while 4580 and 4582 W Alameda Ave have slightly smaller layouts.
This is a rare opportunity to acquire a high-performing rental property in a thriving rental market.
Listing Broker shares ownership of the property.
Location
State CO
County Denver
Interior
Heating Natural Gas
Cooling None
Flooring Laminate, Tile
Laundry In Unit
Exterior
Fence None
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Slate
Building
Foundation Concrete Perimeter
Sewer Community Sewer
Structure Type Vinyl Siding
Schools
Elementary Schools Knapp
Middle Schools Kepner
High Schools Southwest Early College
School District Denver 1
Others
Acceptable Financing 1031 Exchange, Cash, Conventional
Listing Terms 1031 Exchange, Cash, Conventional
Special Listing Condition None
Pets Allowed No
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Compass - Denver
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