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  • $620,200

    5475 Primrose Lane, Denver, CO 80221

    5beds
    3baths
    2,192sqft
    Duplex
    Built in 1952
    -- sqft lot
    $620,200 Zestimate®
    $283/sqft
    $2,691 Estimated rent

    What's special

    QUALIFIES FOR DSCR AND AIRBNB LOAN! Welcome to this CASH FLOW up-down duplex! This property features 2 units, ensuring a steady cash flow from day one. Whether you're an investor or looking to start a new venture, the possibilities are endless. Recent upgrades in the above unit have enhanced the property's value, and there's still room for further improvement, allowing you to maximize your return on investment. With convenient access to DIA, Regis College, public transportation, it's perfectly positioned for tenants and future growth. The upstairs unit boasts modern elegance with this fully remodeled 3 bedroom, 2 bathroom that perfectly blends style and functionality. The open-concept living space boasts new flooring, fresh paint, and abundant natural light. A sleek, upgraded kitchen features quartz countertops, stainless steel appliances, custom cabinetry, making it a chef’s dream. The convenient washer/dryer, direct access to the 2 car garage, is an ideal setup for a buyer looking to live comfortably while generating income by renting out the basement unit. The basement unit offers immediate income potential with reliable tenants already in place until May 2025. Providing an excellent opportunity for a long-term rental income. The basement unit remains in its original condition, as its consistent occupancy has made access challenging. Out of respect for the tenants and their comfort, updates have been deferred, providing an excellent opportunity for the next owner to add their personal touch when the timing is right. The backyard is a blank canvas brimming with potential. BONUS-This spacious lot provides potential for expansion/development, making it ideal for future projects. With current zoning, there’s even the possibility of splitting the lot to maximize its potential! Don’t miss out on this rare opportunity to own a property with built-in revenue streams and long-term growth potential! PLEASE DO NOT GO IN THE BACKYARD OR DISTURB THE BASEMENT TENANTS

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2025 at 03:25pm

    Listed by:

    Virginia Sellars 720-468-8276,

    Keyrenter Property Management Denver

    Bought with:

    Lindsey Niles, 100089603

    West and Main Homes Inc

    Source: REcolorado,MLS#: 6549159MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Forced Air
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
    • Laundry: In Unit
    Features
    • Flooring: Carpet, Vinyl
    • Basement: Finished
    • Common walls with other units/homes: No One Above
    Interior area
    • Total structure area: 2,192
    • Total interior livable area: 2,192 sqft
    • Finished area above ground: 1,096
    • Finished area below ground: 900

    Property

    Parking
    • Total spaces: 2
    • Parking features: Concrete
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Front Porch
    • Exterior features: Lighting, Private Yard
    • Fencing: Partial
    Lot
    • Size: 0.36 Acres
    • Features: Many Trees, Near Public Transit
    Details
    • Parcel number: R0104687
    • Zoning: R-2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Frame
    • Roof: Composition
    Condition
    • Year built: 1952

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
    Location
    • Region: Denver
    • Subdivision: Chaffee Park

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Ownership: Individual
    Services availability
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    Estimated market value

    $620,200