David Danek & Austin Reifsteck
The Red Team, by HomeSmart
david@redteamcolorado.com +1(720) 989-17985 Beds
2 Baths
3,134 SqFt
5 Beds
2 Baths
3,134 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,134 sqft
Price per Sqft $215
Subdivision Swansea
MLS Listing ID 7155437
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 1,567
Year Built 2000
Annual Tax Amount $1,975
Tax Year 2024
Lot Size 6,003 Sqft
Acres 0.14
Property Sub-Type Duplex
Source recolorado
Property Description
At full stabilization, projected rental income reaches approximately $8,630 per month ($103,560 annually), producing an estimated 15%+ gross cap rate at the $675,000 list price. One unit currently has proven long-term payment history, while the second unit offers immediate upside following recent interior improvements including new flooring and fresh paint.
The current owner's total monthly payment of $3,782.96 (including principal, interest, taxes, and insurance) is from a loan originated within the past year and is provided for reference only. Buyer financing and payments will vary. 2025 property taxes are just $1,975.28, further strengthening overall yield.
The property is located in a high-density rental corridor dominated by duplex, triplex, and quadplex income properties, supporting consistent tenant demand and long-term rental performance. Zoning is E-TU-B (Urban Edge), offering flexibility for long-term hold strategies, DSCR refinance options, or future redevelopment.
This is an ideal opportunity for cash-flow focused investors, DSCR buyers, and portfolio builders seeking strong income today with multiple exit strategies tomorrow. Full financial scenarios and pro forma available.
Location
State CO
County Denver
Zoning E-TU-B
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling None
Flooring Vinyl
Fireplace N
Laundry In Unit
Exterior
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Swansea
Middle Schools Bruce Randolph
High Schools Manual
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
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