Listing Details
- MLS#: 5533163
- MLS Originator: REcolorado (Denver)
- Property Type: Duplex
- Property Subtype: Duplex
- Status: Active
- Price: $724,900
Property Details
- Bedrooms: 4
- Bathrooms: 2
- Sqft: 1871.00
- Acres: 0.13
- Year Built: 1962
Investment Opportunity in Denver's Westwood Neighborhood
Introducing a duplex located in the Westfield subdivision on Denver's west side—an excellent opportunity for investors or those seeking versatile living arrangements.
Unit 1: Practical Living
This unit features a welcoming living area with natural wood floors and ample natural light streaming through two large windows. The space includes a ceiling fan for added comfort. The two bedrooms are well-sized, each equipped with ceiling fans. A full bathroom serves the unit, and the kitchen offers plenty of cabinet space for storage. Enjoy private access to a fenced back patio, ideal for outdoor relaxation.
Unit 2: Spacious and Updated
The larger unit offers four bedrooms, including two with raised ceilings that enhance the sense of space. One non-conforming bedroom features skylights, and another includes an exposed wood beam with a ceiling fan. The kitchen has been updated with stainless steel appliances, modern grey cabinets, and contemporary lighting. A cozy reading nook in one bedroom is set within a bay window, accented by a wooden beam.
Private Outdoor Spaces
Each unit has its own exclusive outdoor area. The first unit has a fenced back patio, while the second unit features a fenced-in backyard, providing private outdoor spaces for both units.
Investment Potential
This duplex presents a solid investment opportunity with flexible living options. Consider "house hacking" by living in one unit while renting out the other to help offset mortgage payments and reduce living expenses. Alternatively, rent out both units as a stand-alone investment to take advantage of an above-average cap rate, helping you recoup your costs more quickly. The property's desirable location in the Westwood neighborhood enhances its appeal to potential tenants, ensuring a steady income stream.
Load & Tax Information
- Previous Year Tax: $ 2,721
- Tax Year: 2023
Heating, Ventilating & Air Conditioning
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