5101 E 8th Ave, Denver, CO 80220

$825,000

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Listing courtesy of Emily Fletcher.

3039624272

List Price
$825,000
Status
ACTIVE
MLS#
1053837
Subtype
Residential Income
Year Built
1942
Acres
0.14
Subdivision
Olmsted & Chamberlins Colfax Park
Neighborhood
Metro18/DSE
MLS Area Major
Metro Denver

Property Description

Fully updated, turnkey side-by-side full duplex for sale in the desirable Hale neighborhood! Looking for a ready-to-go investment property without the work, with long-term growth potential, and tenants in place? Or want a duplex where you can live in one side, and rent out the other? Looking for a multi-generational living solution? This duplex offers endless solutions for the savvy buyer. Recently upgraded kitchen, bathrooms, and exterior; in-unit laundry for each unit. Recent mechanical updates include new hot water heaters, furnaces, PEX plumbing, sewer line, and siding; save yourself money and time with capital improvements, this one is ready to go. Each unit boasts sizable square footage, with 3 bedrooms and 2 bathrooms plus a bonus nook that can act as a home office, workout space, library, or storage. South-facing exposure and lots of windows contribute to warm natural light, and the basement level offers garden-level windows for even greater livability throughout the entire property. Each unit has it's own off-street parking, laundry facilities, and private backyard. This duplex has stable rental history, and potential for greater income over time given the current owner's updates and upkeep as well as the desirability of the neighborhood. Perfect for the investor who is looking for a solid, long-term investment, or live-in buyer looking for the best value for their money. Schedule your showing today!

Additional Information

Taxes
$5,539
Zoning
E-MU-2.5
Appliances
Electric Range, Dishwasher, Refrigerator, Washer, Dryer, Microwave
Heating
Forced Air
Air Conditioning
Central Air
Levels
Two
Roof
Composition
School District
Denver District 1
Elementary School
Palmer
Middle School
Hill
High School
Washington, George

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