Duplex investment opportunity with a 5% cap rate in Denver's Regis area, featuring two separate 2-bedroom, 1-bath units, 4 total bedrooms, 2 total bathrooms, and approximately 1,920 total square feet. One unit is currently leased and occupied (not renovated), while the second unit is updated and currently available and easy to show. Showings are limited to the available unit. The tenant-occupied unit may not be viewed until we have an executed contract. Rent rolls and additional financial information are available for review. Each unit has separate electric and gas meters, with utilities paid by the respective tenants. Both units include private outdoor space and access to a large fenced yard. The property also offers off-street parking. This two-unit multifamily property offers existing rental income, separate utility metering, and value-add potential through the updated available unit. Located near Berkeley Hills Park, Regis University, shopping, dining, public transportation, and major transportation routes. Approximately 1.2 miles to Regis University, 1.3 miles to the Clear Creek/Federal Station, and 3.4 miles to Union Station. Buyer to independently verify all financial information, expenses, rents, and investment projections.
Property details
Property
Type
Duplex
MLS type
Residential Income
Status
Active
Year built
1982
Stories
2
Lot
0.22 AC / 9,800 SF
MLS #
1069895
Interior
Features
Pantry
Heating
Forced Air
Exterior & lot
Roof
Composition
Patio & porch
Patio
Schools
District
Westminster Public Schools
Elementary
Other
Middle
Other
High
Westminster
Utilities
Utilities
Cable Available, Electricity Available
Water
Public
Financial
Annual tax
$4,858
Parcel
R0104747
Location
Subdivision
Chaffee Park
County
Adams
Directions
GPS
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