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$700,000
$700,000
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6 Beds
3 Baths
3,024 SqFt
SOLD DATE : 07/12/2021
Key Details
Sold Price $700,000
Property Type Townhouse
Sub Type Attached Dwelling
Listing Status Sold
Purchase Type For Sale
Square Footage 3,024 sqft
Subdivision Berkeley Gardens
MLS Listing ID 6729552
Sold Date 07/12/21
Style Ranch
Bedrooms 6
Full Baths 2
Three Quarter Bath 1
HOA Y/N false
Abv Grd Liv Area 1,820
Originating Board REcolorado
Year Built 1964
Annual Tax Amount $4,010
Lot Size 8,276 Sqft
Acres 0.19
Property Description
Have you been looking for a great investment in a hot neighborhood? Want to live in one unit and have the other cover your costs? Building your rental portfolio? This turn-key duplex is just what you have been looking for. Stable, long-term renters on one side would love to stay while you live in the other side, or rent it out for a solid 6% cap rate! Market rents for the large side are between $2,400 and $2,900 a month. The smaller unit is rented under market value for $1,600 a month. The largest unit has new paint, new carpet, updated hardwood floors, both basement bedrooms have new egress windows. The smaller occupied unit has been meticulously cared for and is extremely clean. Both units have laundry in the unit and a private garage. The occupied unit has a month-to-month lease with the renter having the option to extend it through the end of the year. The neighborhood is quickly changing with new homes, new developments, and new duplexes. Rent this out until you are ready to build a new duplex like they have done a few doors down. This property offers many exit strategies and great, long-term, stable, rent.
Location
State CO
County Adams
Area Metro Denver
Zoning R-2
Direction Google Maps
Rooms
Basement Partially Finished
Primary Bedroom Level Main
Bedroom 2 Main
Bedroom 3 Basement
Bedroom 4 Basement
Bedroom 5 Main
Interior
Heating Baseboard
Cooling Room Air Conditioner
Window Features Double Pane Windows
Appliance Dishwasher, Refrigerator, Washer, Disposal
Exterior
Exterior Feature Private Yard
Garage Spaces 2.0
Fence Fenced
Utilities Available Natural Gas Available, Electricity Available, Cable Available
Roof Type Composition
Street Surface Paved
Porch Patio
Building
Lot Description Gutters
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Wood/Frame,Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Tennyson Knolls
Middle Schools Scott Carpenter
High Schools Westminster
School District Westminster Public Schools
Others
Senior Community false
SqFt Source Appraiser
Special Listing Condition Private Owner
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