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(720) 432-8695
New Horizons Real Estate
5450 Alcott St, Denver, CO 80221
- $595,000
- List Price
- $595,000
- Status
- ACTIVE
- MLS#
- 1069895
- Year Built
- 1982
- Region
- Metro Denver
- Subdivision
- Chaffee Park
Property Description
Duplex investment opportunity with a 5% cap rate in Denver's Regis area, featuring two separate 2-bedroom, 1-bath units, 4 total bedrooms, 2 total bathrooms, and approximately 1,920 total square feet. One unit is currently leased and occupied (not renovated), while the second unit is updated and currently available and easy to show. Showings are limited to the available unit. The tenant-occupied unit may not be viewed until we have an executed contract. Rent rolls and additional financial information are available for review. Each unit has separate electric and gas meters, with utilities paid by the respective tenants. Both units include private outdoor space and access to a large fenced yard. The property also offers off-street parking. This two-unit multifamily property offers existing rental income, separate utility metering, and value-add potential through the updated available unit. Located near Berkeley Hills Park, Regis University, shopping, dining, public transportation, and major transportation routes. Approximately 1.2 miles to Regis University, 1.3 miles to the Clear Creek/Federal Station, and 3.4 miles to Union Station. Buyer to independently verify all financial information, expenses, rents, and investment projections.
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Additional Information
- Taxes
- $4,858
- School District
- Westminster Public Schools
- Elementary School
- Josephine Hodgkins Leadership Academy
- Middle School
- Josphine Hodgkins Leadership Academy
- High School
- Westminster
- Heating
- Forced Air
- Utilities
- Electricity Available, Cable Available
- Tenant Pays
- Gas, Electricity, Trash Collection
- Zoning
- R-2
Listing courtesy of Josh Steck.
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