Menu4100 Eliot Street
Denver, CO 80211 — Denver county
Price
$999,500
Sqft
2530.00 SqFt
Baths
0
Beds
0
Description
Turnkey Investment Opportunity in the Heart of Sunnyside! Investor alert! This fully leased up/down duplex and carriage house (3 units total) in sought-after Sunnyside generates $6,095/month in rental income. Situated on a large corner lot, this 1925 all-brick bungalow has been thoughtfully converted into three separately addressed units, making package deliveries and tenant independence seamless. The main house is divided into two - 2-bed, 1-bath units, each with its own private entrance and in-unit washer/dryer. A legal carriage house sits at the rear of the property, offering another 2-bed, 1-bath unit with its own gas and electric meter (this 504sf ADU is not part of the sqft total). The main house shares utilities, keeping operational costs low and each have separate furnaces that are less than 5 years old for comfortable climate control. Designed for low-maintenance ownership, the xeriscaped, fully fenced lot reduces upkeep while providing private outdoor space, including a garden area or small yard. The classic covered front porch preserves the charm of this 1925 bungalow, appealing to long-term renters. Cap Rate: 5.917 Cap Rate Calculation: Taxes $4504, Ins $3500, Repairs $6095, Gross Income: 73,140.00, Operating Expense: 14,000.00, Annual Net Income: 59,041.00. Located in highly desirable Denver neighborhood, tenants enjoy walkability to shops, restaurants, parks, and public transit. With strong rental demand, stable cash flow, and a prime location, this property is the perfect turnkey investment for any portfolio!
Property Level and Sizes
SqFt Lot
6250.00
Lot Features
Eat-in Kitchen
Lot Size
0.14
Basement
Walk-Out Access
Interior Details
Interior Features
Eat-in Kitchen
Appliances
Dishwasher, Dryer, Oven, Refrigerator, Washer
Electric
Air Conditioning-Room
Flooring
Wood
Cooling
Air Conditioning-Room
Heating
Forced Air
Utilities
Cable Available, Electricity Available, Natural Gas Available
Exterior Details
Water
Public
Land Details
Road Frontage Type
Public
Road Surface Type
Alley Paved, Paved
Garage & Parking
Exterior Construction
Roof
Composition
Construction Materials
Brick
Security Features
Smoke Detector(s)
Builder Source
Assessor
Financial Details
Year Tax
2023
Primary HOA Fees
0.00
Location
Schools
Elementary School
Columbian
Middle School
Skinner
High School
North
Walk Score®
Contact me about this property
Anne O'Brien
HomeSmart Realty Group
8300 E Maplewood Ave
Greenwood Village, CO 80111, USA
8300 E Maplewood Ave
Greenwood Village, CO 80111, USA
- (303) 332-9504 (Mobile)
- Invitation Code: anneobrien
- anneobriencllc@gmail.com
- https://AnneObrienHomes.com
Contact Me
With courtesy of Key Realty Partners Llc Posted by REcolorado (Denver)
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