2827 West Park Place
$820,000
8
4
3,216
3,216
$255
Description
New price! Here's your chance to own BOTH sides of a true side by side duplex in Denver that has been nicely updated! This property is perfect for an owner-occupant who wants to rent out one side or for an investor who wants to secure a stable and well-performing property in the heart of Denver. Ready to help your 1031 Exchange! It has been professionally managed for several years by a local company. Based on current leases, gross revenue is $58,440/annually. 2827 (the front unit) is rented at $2450/month...New price! Here's your chance to own BOTH sides of a true side by side duplex in Denver that has been nicely updated! This property is perfect for an owner-occupant who wants to rent out one side or for an investor who wants to secure a stable and well-performing property in the heart of Denver. Ready to help your 1031 Exchange! It has been professionally managed for several years by a local company. Based on current leases, gross revenue is $58,440/annually. 2827 (the front unit) is rented at $2450/month + $50/month utility fee. This lease ends on 26 Sep 2024. 2829 (the rear unit) is rented at $2295/month + $75/month utility fee. This lease ends in March 2025. Total gross income currently is $4,870/month. The front unit has 4beds/2baths with 2 bedrooms and 1 bathroom on the main floor. Downstairs in the finished basement you'll find 2 bedrooms, 1 bedroom, and the laundry. The rear unit has a similar set up with a total of 4 beds/2 baths with 2 bedrooms, 1 bathroom on the main floor and 2 bedrooms, 1 bathroom, and laundry downstairs. With each unit, there's an exterior door at the top of the basement stairs providing opportunity for separate access to basement. The rear unit has a larger fenced-in backyard. Both of these units are nicely updated, quite spacious and provide a comfortable and quality setting for future tenants.
- Listed by Andrew Morris • Real Broker LLC • drew@modernwesthome.com,303-929-7844
Property Details for 2827 West Park Place
Structure Type
Duplex
Architectural StyleDuplex
LevelsOne
Stories1
Subdivision NameSouth Denver
AssociationNo
BasementYes
LISTING UPDATED: 11/06/2024 07:40 PM
Property Details for 2827 West Park Place
Status | Active |
---|---|
MLS # | 4181941 |
Days on Compass | 104 |
Taxes | $3,980 / year |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1962 |
Lot Size | - |
County | Denver County |
Building Information for 2827 West Park Place
Stories-Residences-Year Built1962Building Size-Lot Size-
Property Information for 2827 West Park Place
Property History for 2827 West Park Place
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2827 West Park Place
Taxable ValueLand$4,940Additions$46,420Total$51,360
Tax Record2023$3,980 ($332 / month)
Home Facts
Total Finished SqFt2,250 SqFtAbove Grade Finished SqFt2,250 SqFtStories1Lot Size6,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningE-RH-2.5CountyDENVERAPN05084-05-023-000
Schools near 2827 West Park Place
This home is within Denver County 1 School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | PK to 5 | |||
Charter - | 5 to 8 | |||
Public - | 6 to 8 | |||
Public - | 6 to 8 |
Rating | School | Distance |
---|---|---|
Barnum Elementary School PublicPK to 5 | ||
Kipp Sunshine Peak Academy Charter5 to 8 | ||
Kepner Beacon Middle School Public6 to 8 | ||
West Middle School Public6 to 8 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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