2827 W Park Place
Denver, CO 80219
3216 sqft | 8 beds | #4181941
Description
New price! Here's your chance to own BOTH sides of a true side by side duplex in Denver that has been nicely updated! This property is perfect for an owner-occupant who wants to rent out one side or for an investor who wants to secure a stable and well-performing property in the heart of Denver. It has been professionally managed for several years by a local company. Based on current leases, gross revenue is $58,440/annually. 2827 (the front unit) is rented at $2450/month + $50/month utility fee. This lease ends on 26 Sep 2024. 2829 (the rear unit) is rented at $2295/month + $75/month utility fee. This lease ends in March 2025. Total gross income currently is $4,870/month. The front unit has 4beds/2baths with 2 bedrooms and 1 bathroom on the main floor. Downstairs in the finished basement you'll find 2 bedrooms, 1 bedroom, and the laundry. The rear unit has a similar set up with a total of 4 beds/2 baths with 2 bedrooms, 1 bathroom on the main floor and 2 bedrooms, 1 bathroom, and laundry downstairs. With each unit, there's an exterior door at the top of the basement stairs providing opportunity for separate access to basement. The rear unit has a larger fenced-in backyard. Both of these units are nicely updated, quite spacious and provide a comfortable and quality setting for future tenants.
Interior Details
- Bedrooms8
Property Details
- Exterior MaterialsPrivate Yard
- Lot DescriptionLevel
Measurements
- Square Feet3216
Construction Details
- BasementFinished, Full, Interior Entry
- Property TypeMulti-Family
Condition
- Year Built1962
Utilities / Energy Details
- Sewer InformationPublic Sewer
Community and Neighborhood Details
- SubdivisionSouth Denver
Location
- Middle SchoolKIPP Sunshine Peak Academy
- School DistrictDenver 1
- Elementary SchoolBarnum
- CountyDenver
- High SchoolWest
Financial Details
- Original List Price$855,000
- Taxes Annual$3,980
Other
- MLS #4181941
Location
Legal
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (“IDX”) program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.
Last Updated: . Source: RECOLORADO
Listing Courtesy
Listing Agent: Andrew Morris (#REC04506N)
Listing Office: Real Broker LLC (#RECM2988)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.