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View Virtual Tour PRICE $675,000 BEDS 5 BATHS 2 HOME SIZE 3,134 sqft LOT SIZE 6,099 sqft Request More Info Schedule a Showing

10-bedroom duplex "¢ Two 5-bed units "¢ Fully leased "¢ $5,095/mo in-place income "¢ E-TU-B zoning "¢ Central Denver access Income-producing Denver duplex offering two oversized 5-bedroom units (10 bedrooms total) with approximately 3,134 sq ft of combined living area. Both residences are currently leased, delivering immediate stabilized income. One unit is leased at $3,000/month with documented payment history. The second unit began its lease on February 6 at $2,095/month. Seller-provided figures reflect total in-place rents of $5,095/month ($61,140 annually), representing an estimated 9.06% gross cap rate at a $675,000 purchase price. A full stabilization scenario based on updated Housing Authority payment standards supports projected rents of up to $8,630/month ($103,560 annually), or an estimated 15.34% gross cap rate. Buyer to independently verify all income, rent projections, payment standards, expenses, zoning allowances, and operating assumptions. 2025 property taxes are approximately $1,975.28. Seller reports a recent total monthly payment (PITI) of approximately $3,782.96; buyer financing, terms, and costs will vary. Zoned E-TU-B (Urban Edge), offering flexibility for long-term hold or alternative income strategies, subject to buyer verification of use and approvals. Located within an established rental corridor with convenient access to major employment centers, transit routes, and central Denver destinations, supporting consistent rental demand and long-term positioning. NEARBY AMENITIES "¢ ~0.6 mi to National Western Complex "¢ ~1.2 mi to RiNo Art District "¢ ~1.5 mi to Mission Ballroom "¢ ~1.8 mi to Downtown Denver