Exceptional multi-unit property located in Greenwood Village, in the heart of the Denver Tech Center, next to Cherry Creek High School. These Duplex Homes offer two well appointed residences in addition to an investment opportunity (currently 8929 E Chenango Ave is rented until Spring 2021). These units have proven to be an excellent rental/investment property based on their proximity to Restaurants, Shops, Services, Parks - Cherry Creek Sate Park, Public Transit and feeding to award winning Cherry Creek Schools. Each side of the Duplex boasts over 2500 sft, 3 bedrooms, 3 bathrooms, finished basement, private back yards and a 2 car attached garages (plus 2 additional driveway spaces) that add to the appeal. This "As-Is" property offers strong drivers for a buyer interested in promising investment residences/rentals and the Projected Cap Rate utilizing Market Rate Rents should reach above a 6% Cap Rate.
Off market
$1,094,000
8929-8929 E Chenango Ave #8931, Englewood, CO 80111
--beds
0baths
5,020sqft
MultiFamily
Built in 1979
-- sqft lot
$1,094,000 Zestimate®
$218/sqft
$3,483 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Garbage disposal, Range / Oven, Refrigerator, Washer
- Laundry: In Unit
Features
- Vaulted Ceiling(s), Granite Counters, Breakfast Nook, Master Suite, Smoke Free
- Flooring: Tile, Carpet
- Basement: Finished
- Has fireplace: Yes
- Fireplace features: Family Room
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total interior livable area: 5,020 sqft
- Finished area below ground: 1670.00
Property
Parking
- Total spaces: 4
- Parking features: Garage - Attached
Features
- Patio & porch: Covered
- Exterior features: Other
- Fencing: Full
Lot
- Size: 8,973 sqft
- Features: Sprinklers In Front, Sprinklers In Rear
Details
- Zoning description: duplex
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
Materials
- Roof: Composition
Condition
- Year built: 1979
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Englewood
Other
Other facts
- Sewer: Public Sewer
- WaterSource: Public
- Flooring: Carpet, Tile
- Heating: Forced Air, Natural Gas
- Appliances: Dishwasher, Refrigerator, Disposal, Dryer, Washer, Cooktop, Oven
- FireplaceYN: true
- Basement: Finished
- GarageYN: true
- AttachedGarageYN: true
- HeatingYN: true
- CoolingYN: true
- FireplacesTotal: 2
- ConstructionMaterials: Frame, Other
- PropertyAttachedYN: true
- Roof: Composition
- FireplaceFeatures: Family Room
- ArchitecturalStyle: Traditional
- CoveredSpaces: 4
- CommonWalls: 1 Common Wall
- Cooling: Central Air
- ParkingFeatures: Off Street
- InteriorFeatures: Vaulted Ceiling(s), Granite Counters, Breakfast Nook, Master Suite, Smoke Free
- PatioAndPorchFeatures: Covered
- Fencing: Full
- LaundryFeatures: In Unit
- BelowGradeFinishedArea: 1670.00
- ZoningDescription: duplex
- ExteriorFeatures: Private Yard
- GrossScheduledIncome: 66000.00
- LotFeatures: Sprinklers In Front, Sprinklers In Rear
- GrossIncome: 58200.00
- MlsStatus: Pending
- NetOperatingIncome: 48925.00
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Estimated market value
$1,094,000