1055 Raleigh Street, Denver, CO 80204

  • 8 BedBeds
  • 4 Baths
  • 0 Full BathFull Baths
  • 0 Half BathHalf Baths
  • 0 3/4 Baths
  • 3,536 Sqft
  • Commercial
  • Sold
  • MLS# 9881224
  • mls board disclosure Brokers Guild Classic
0 More Scheduled

$522,000

  • Price Reduced

Property Description1055 Raleigh Street, Denver, CO 80204


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 & 2 bathrooms; lower levels (garden levels) contain a large family room, laundry room, 2 bedrooms & 2 bathrooms. That's 8 bedrooms & 4 bathrooms total. New carpet & paint in one unit. Off-street parking for four cars. Fenced yard. Sides to Dry Gulch Park & Lakewood Greenbelt system and trails. Great views of downtown Denver. Easy walking distance to Perry light rail station & 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%.

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Property Details1055 Raleigh Street, Denver, CO 80204

Listing courtesy of: Brokers Guild Classic

General Features

Style  Multi-Level
Baths  4
Year Built  1972
Beds  8
Finished Sq. Ft.  3536
Lot Size  0.1400

Interior Features

Square Footage Above approx  1768
Heating  Forced Air
Flooring  Carpet, Vinyl/Linoleum
Cooling Description  None
Additional Interior Features  Window Coverings

Exterior / Lot Features

Parking  Driveway-Asphalt
Exterior  Fence, Yard
ZONING  E-TU-C
Lot View  City View

Schools

School District  Denver 1
Elementary  Cowell
Middle  Strive Lake
High  North

Financial Considerations

Tax Amount  $149600
Tax Year  1496

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Monthly insurance : $0.00
Monthly taxes : $0.00
Monthly payment : $0.00
Total monthly payment : $0.00

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The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified. [more]

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