5450 Alcott St, Denver, CO 80221

$600,000
4
BD
2
BA
1,920
SqFt

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Listing courtesy of Josh Steck.

303-885-3934

List Price
$600,000
Status
ACTIVE
MLS#
8321667
Subtype
Residential Income
Year Built
1982
Bedrooms
4
Bathrooms
2
Living Area
1,920
Acres
0.22
Subdivision
Chaffee Park
Neighborhood
Metro7/NSW
MLS Area Major
Metro Denver

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 vacant and easy to show. Showings are limited to the vacant 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 vacant 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.

Additional Information

Exterior Features
Balcony
Taxes
$4,858
Zoning
R-2
Appliances
Dishwasher, Refrigerator, Dryer
Heating
Forced Air
Levels
Two
Roof
Composition
Parking Features
Off Street
Garage Spaces
3
School District
Westminster Public Schools
Elementary School
Hodgkins
Middle School
Josephine Hodgkins Leadership Academy
High School
Westminster

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