•   303-771-9400
  • 6020 Greenwood Plaza Blvd
    Greenwood Village, CO 80111 USA

1055 Raleigh Street Denver, CO 80204
MLS# 9881224 | $522,000 | Sold

1055 Raleigh Street Denver, CO 80204

Listing Details

  • MLS#: 9881224
  • MLS Originator: REcolorado (Denver)
  • Property Type: Incomes Property
  • Property Subtype: Income
  • Status: Sold
  • Price: $522,000

Property Details

  • Bedrooms: 8
  • Bathrooms: 4
  • Sqft: 3536
  • Acres: 0.14
  • Year Built: 1972
  • Vehicle spaces: 4
  • Parking Count: 1

Fully occupied, profitable, turnkey duplex comprised of 1055 and 1057 Raleigh Street. Both units have identical layouts, consisting of 1,768 square feet on two levels. Upper levels contain a living room, kitchen, 2 bedrooms and 2 bathrooms., lower levels (garden levels) contain a large family room, laundry room, 2 bedrooms and 2 bathrooms. That's 8 bedrooms and 4 bathrooms total. New carpet and paint in one unit.Off-street parking for four cars. Fenced yard. Sides to Dry Gulch Park and Lakewood Greenbelt system and trails. Great views of downtown Denver. Easy walking distance to Perry light rail station and bus stop.Roof is 7 years old. Furnaces 2 1/2 years old. Water heaters 5 years old. Both units currently rented to long term tenants at $1,850 and $1,410 and prefer to stay. Annual expenses around $6,000 including trash, sewer, taxes, insurance and the usual minor repairs. Combined $3,260 monthly income rental with room for increase. Current cap rate is 9.6%.

Load & Tax Information

  • Previous Year Tax: $ 1,496

Heating, Ventilating & Air Conditioning

  • None
  • Forced Air
  • Electric
  • Gas

Interior Features

  • Window Coverings

Appliances

  • Disposal
  • Refrigerator (Kitchen)
  • Smoke Alarm
  • Stove/Range/Oven

Flooring

  • Carpet
  • Vinyl/Linoleum

Schools

  • School District: Denver 1
  • Elementary School: Cowell
  • Middle School: Strive Lake
  • High School: North

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