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Sold for $600,000 on 12/27/23
  • $600,000

    2535 W 55th Avenue, Denver, CO 80221

    6beds
    4baths
    2,048sqft
    Duplex
    Built in 1986
    -- sqft lot
    $627,500 Zestimate®
    $293/sqft
    $2,644 Estimated rent

    Owner options

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    $2,644/mo

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    $2,644/mo

    Rent Zestimate®

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    $3,401/mo

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    $3,401/mo

    Est. payment

    What's special

    The property boasts two 3-bedroom, 2-bathroom units that consistently achieve robust rental rates. These large units cater to the demand for comfortable and accommodating living spaces, attracting quality tenants and bolstering the property's income potential. This investment opportunity presents an appealing in-place cap rate, offering a rare opportunity to secure a favorable yield in the prevailing interest rate climate. Proximity to Regis University: Located just minutes away from Regis University, this property offers a convenient housing option for graduate students or staff. Great opportunity for owner occupant to live in one side and cover the majority of the debt. Rare side-by-side duplex that offers two separate driveways, yards, and 2-car garages.

    Zillow last checked: 7 hours ago

    Listing updated: December 28, 2023 at 09:10am

    Listed by:

    Adam Riddle ariddle@capstone-companies.com,

    Capstone Apartment Partners, LLC

    Bought with:

    Daniel Guenther, 100092299

    eXp Realty, LLC

    Source: REcolorado,MLS#: 2100890MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 4
    Heating
    • Forced Air
    Cooling
    • Central Air
    Features
    • Has basement: No
    Interior area
    • Total structure area: 2,048
    • Total interior livable area: 2,048 sqft
    • Finished area above ground: 2,048

    Property

    Parking
    • Total spaces: 4
    • Parking features: Garage - Attached
    • Attached garage spaces: 4
    Features
    • Levels: One
    • Stories: 1
    Details
    • Parcel number: R0202097
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1986

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Location
    • Region: Denver
    • Subdivision: Westmoreland

    Other

    Other facts
    • Listing terms: Cash,Conventional
    • Ownership: Individual
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    Estimated market value
    $627,500