$835,000
Active Under Contract
60 Days Online
8 Beds4 Baths3,216 SQFT
Active Under Contract

2827 W Park Place Denver, CO 80219

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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.

  • Property TypeMulti-Family
  • NeighborhoodSouth Denver
  • CountyDenver
  • Taxes$3,980
  • HOA/Condo/Coop Fees$0
  • Days on Site59 Days
  • MLS StatusActive Under Contract
  • MLS ID Number4181941
  • Home Size Source Appraiser
  • Year Built1962
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Construction BrickFrame
  • Parking Concrete
  • Parking Spaces 2
  • Sewer Public Sewer
  • Basement FinishedFullInterior Entry
  • Number of Stories 1
  • Property Sub Type Duplex
  • Garage Spaces 0
  • Attached Garage No
  • Zoning E-TH-2.5
  • Property Condition Updated/ Remodeled
  • Direction Faces South

Interior Features

  • Cooling Central Air
  • Heating Forced Air
  • Appliances DishwasherDryerMicrowaveOvenRangeRefrigeratorWasher
  • Flooring Vinyl
  • Laundry Features In Unit
  • Fireplace No

Exterior Features

  • Roof Composition
  • Spa No
  • Waterfront Property No
  • Exterior Private Yard
  • Lot Level

Community Features

  • Senior Community No

Schools

School District
Denver 1
Elementary School
Barnum
Middle School
KIPP Sunshine Peak Academy
High School
West

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Monthly Payment (Est.)

$4,196
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