For Sale Multi-Family MLS# 6820473

1040 S Kearney Street

Denver, CO 80224

$620,000

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About 1040 S Kearney Street

Rare opportunity to own two separate residences on a spacious 9,370 SF lot in a fantastic location overlooking the park with beautiful mountain views! This unique property offers exceptional flexibility for an owner-occupant, multigenerational living, or investor.

The main residence is a 3-bedroom, 2-bath single-family home that is currently vacant and ready for its new owner. Previously rented for $2,600/month, it features beautiful hardwood floors, an updated kitchen, generous living space, a two-car garage, covered patio and private fenced backyard. Large windows provide abundant natural light and take advantage of the property’s open park setting.

The separate 1-bedroom, 1-bath home is currently rented for $1,450/month, providing immediate rental income. Live in the vacant main house while collecting rent from the second residence to help offset your monthly mortgage payment, or rent both homes for potential combined gross rental income of approximately $4,050/month ($48,600 annually).

Both residences have separate fenced backyards, providing privacy and usable outdoor space. The property also features a well and sits on an approximately 9,370 SF lot with beautiful views across the park toward the mountains.

Conveniently located near baseball fields and Lollipop Lake, this property combines location, outdoor space and income potential in a configuration that is difficult to find. Two residences, a large lot, garage parking, existing rental income, park frontage and mountain views make 1040 S Kearney a truly unique opportunity.

Property details

Property

Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1952
Stories
1
Living area
1,876 sqft
Price / sqft
$330
Lot
0.22 AC / 9,370 SF
MLS #
6820473

Interior

Features
Granite Counters
Appliances
Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer
Flooring
Carpet, Tile, Wood
Heating
Forced Air
Cooling
Central Air
Laundry
In Unit

Exterior & lot

Features
Garden, Private Yard
Roof
Composition
Lot
Landscaped, Level, Sprinklers In Front
Patio & porch
Front Porch
Fence
Full
Garage spaces
2

Schools

District
Denver 1
Elementary
Place Bridge Academy
Middle
Hill
High
George Washington

Utilities

Utilities
Electricity Connected, Natural Gas Connected
Water
Public, Well
Sewer
Public Sewer

Financial

Annual tax
$3,035
Parcel
6173-13-012
Special conditions
None Known

Location

Subdivision
Sun Valley
County
Denver

Ask about this property

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Listed by Eimear McGuire, Mcguire Realty

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