GREAT INVESTMENT OPPORTUNITY!! This wonderful single family house has been converted into a duplex like property, where there’s two income streams with cash flow of around 7% cap rate. Buy as an investment, or live in one and rent out the other to help with your monthly payments and build equity along the way. The upper unit is completed with a kitchen, family room, three bedrooms and two full bathrooms. The lower unit has it’s own kitchen, family room, three bedrooms and one full bathroom. The current rent is below market value and new owners can raise the rent when lease expires on December 31, 2021 and January 31, 2022. Don’t miss out on this excellent chance to own an income generated home!

Overview

  • SubdivisionProgress Heights
  • StyleAFrame
  • Year Built1932
  • RoofingArchitectural,Shingle
    • HeatingHotWater,NaturalGas
    • CoolingOther
    • WaterPublic
    • Sewer/SepticPublicSewer

    Features

    • InteriorCeilingFans
    • SecuritySmokeDetectors
    • Floor CoveringsLaminate,Tile

    Rooms

    • Full Baths3

      Schools

      • DistrictDenver 1
      • ElementaryCms Community
      • HighAbraham Lincoln
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      Location