2827 W Park Place Denver, CO 80219
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