4585-4587 E Yale Avenue

Denver, CO 80222 — Denver county

4585-4587 E Yale Avenue

Denver, CO 80222 — Denver county


Price
$775,000
Sqft
2257.00 SqFt
Baths
2
Beds
6

House Hack Opportunity! Multi-unit investor special! Centrally located blocks from Yale Street Station and the University of
Denver DU, this updated duplex is a great investment! Perfect for Student housing and roommates or professor. Each side
has 3 beds, 1 bath, and 1,026 square feet, and what makes this property even more versatile is a basement bonus room
with outside access (owner unit only)to utilize as a home office, storage space, workout space. The primary "owner-unit"
unit has been updated (photos shown). The "tenant-unit" is in rental condition w/ long-term renter on a mo-to-mo lease.
This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. W/D hookups in both units. Enjoy city
living with the convenience of a single-car garage offering ample storage space. "Owner Unit" has a 1 car garage and
"tenant unit" has a carport. Don't miss the opportunity to make this exceptional investment yours today! Owner has a
second exact duplex unit available if you are interested in completing your rental portfolio with a 4-plex. Ask listing agent
for more details. ********************************** The multi-unit rental property strategy: With rent prices
soaring, now would be a great time to become a real estate investor — if it weren’t for all the upfront cash needed to buy
an investment property. BUT WAIT......there's a way around this hurdle: You could buy a multifamily property, move into
one of the units, and earn passive income by collecting rent on the other units. By living in one of the units, you’d be
meeting the owner-occupancy rule for your mortgage. That means getting a lower mortgage rate compared to a loan for
commercial properties. This strategy won’t finance an entire apartment complex or a mixed-use development. It will,
however, work for a 2-, 3-, or 4-unit property.

SqFt Lot
6600.00
Lot Size
0.15
Basement
Partial, Unfinished
Common Walls
1 Common Wall
Laundry Features
In Unit
Electric
None
Flooring
Carpet, Linoleum, Wood
Cooling
None
Heating
Forced Air, Hot Water
Utilities
Electricity Available
Sewer
Public Sewer
Roof
Composition
Construction Materials
Brick
Builder Source
Public Records
Previous Year Tax
3688.00
Year Tax
2024
Primary HOA Fees
0.00
Elementary School
University Park
Middle School
Merrill
High School
Thomas Jefferson

Anne O'Brien

HomeSmart Realty Group
8300 E Maplewood Ave
Greenwood Village, CO 80111, USA

Contact Me