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FOR
SALE
$395,000
Active
4
Beds
2
Baths
1,650
Sq.Ft.
2005
Yr. Built
MLS# 7827205
Cumulative Days on Market: Less than 1
(since
February 28th, 2025)
Data provided by the MLS.
Property Details
This well-maintained four-bedroom, two-bathroom townhouse in a common-wall development offers a stable and attractive investment opportunity with long-term tenants already in place. Located in a high-demand rental market, the property presents an excellent chance for minor upgrades to further increase rental income. The homes entrance is conveniently situated on the south side via W Nevada Pl, with a community parking lot providing two designated spaces per unit. The upper level features a spacious living area with high ceilings, one full bathroom, and one bedroom. The above-grade lower level includes three additional bedrooms, another full bathroom, and a walkout access to W Alameda Ave from one of the bedrooms. A reliable long-term tenant has occupied the property for over five years, ensuring consistent rental income. Additionally, the seller owns 4560 W Alameda Ave, the adjoining common-wall property, as well as 4580 and 4582 W Alameda Ave. Each property is listed individually but can be purchased as a portfolio package for a larger investment opportunity. The 4560 W Alameda Ave unit has an identical layout with higher rent, while 4580 and 4582 W Alameda Ave have slightly smaller layouts. This is a rare opportunity to acquire a high-performing rental property in a thriving rental market.
Property Highlights
Price
$395,000
Property Type
Residential Income
Property Sub Type
Duplex
Bedrooms
4
Total Bathrooms
2
Living Area
1,650
Price / Sq Ft
$239
Year Built
2005
Location
County
Denver
Subdivision
Irving Park Sub
Property Details
Price
$395,000
Property Sub Type
Duplex
Property Type
Residential Income
Building
Levels
Two
Structure Type
Duplex
Total Area
1,650
Community
Local Schools
Elementary School
Knapp
High School
Southwest Early College
Middle School
Kepner
School District
Denver 1
Interior Features
Bedrooms and Bathrooms
Bedrooms
4
Total Bathrooms
2
Rooms and Basement
Basement Features
Finished, Walk-Out Access
Has Basement
Yes
Area and Spaces
Above Grade Finished Area
1,650
Living Area
1,650
Appliances
Appliances
Convection Oven, Dishwasher, Microwave, Oven, Refrigerator
Interior Features
Flooring
Laminate, Tile
Interior Features
High Ceilings
Laundry Features
In Unit
Security Features
Carbon Monoxide Detector(s)
Heating and Cooling
Heating Features
Natural Gas
Building Details
Construction
Foundations
Concrete Perimeter
Year Built
2005
Materials
Construction Materials
Vinyl Siding
Roof
Slate
Terms
Commercial
Cap Rate
7.50
Terms
Exclusions
Tenant personal property
Ownership
Individual
Special Conditions
None
Special Terms
1031 Exchange, Cash, Conventional
Taxes
Tax
Tax (Annual)
$1,863
Heating, Cooling & Utilities
Cooling Features
None
Utilities
Sewer
Community Sewer
Utilities
Electricity Connected, Natural Gas Connected
Exterior Features
Fencing
None
Parking
Total Parking Spaces
2
Listed by Compass - Denver, nikolina@milehimodern.com.
Listing Data last updated 02/28/2025 07:00 pm
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Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: Less than 1.
Data provided by the MLS.
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Listing Data last updated: 02/28/2025 07:00 pm
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Listed by Compass - Denver
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