• 10-bed duplex • Two 5-bed units • In-place income • Upside via lease-up • Suitable for DSCR or 1031 strategies
Income-producing Denver duplex with two oversized 5-bedroom units (10 bedrooms total) and approx. 3,134 sq ft of total living area. One unit is currently leased at $3,000/month with documented payment history. The second unit has been refreshed with new interior paint and flooring and is move-in ready for immediate lease-up.
Seller-provided pro forma reflects a mixed-rent scenario totaling $5,195/month ($62,340 annually), representing an estimated 9.24% gross cap rate at a $675,000 purchase price. A full stabilization scenario based on updated Housing Authority payment standards supports total rents of $8,630/month ($103,560 annually), or an estimated 15.34% gross cap rate. Buyer to independently verify all income, rent projections, and operating assumptions.
2025 property taxes are approximately $1,975.28. Seller reports a recent total monthly payment (PITI) of approximately $3,782.96; buyer financing, terms, and expenses will vary. Zoning is E-TU-B (Urban Edge), offering flexibility for long-term hold or alternative income strategies, subject to buyer verification of use.
Property is positioned in an established rental corridor with access to major employment centers, transit routes, and central Denver amenities. Suitable for investors seeking current cash flow with documented upside potential.
NEARBY AMENITIES
• ~0.6 mi to National Western Complex
• ~1.2 mi to RiNo Art District
• ~1.5 mi to Mission Ballroom
• ~1.8 mi to Downtown Denver
• Quick access to I-70 and I-25 corridors
