1515/1517 King Street, Denver, CO 80204

$595,000
4
BD
2
BA
1,393
SqFt
List Price
$595,000
Price Change
▼ $25,000 1549501790
Type
Multifamily
Status
ACTIVE
MLS Number
1681624
Total # of Units
2
Total Sqft
1,393
Finished Sqft
1393
Sub-Area
West Colfax
Year Built
1910

Property Description

Fantastic investment opportunity! Live in one side and rent the other unit or rent both sides. Each unit has been recently updated, including the kitchens, bathrooms, plumbing and electrical. A new roof was installed in 2018. Both units have private backyards and each unit comes with a one car garage. There are tenants in unit 1515 who are on a month-to-month lease for $1,400 per month. These are long-term tenants and rent has not been increased in over three years. Unit 1517 has a 1-year lease in place for $1600 per month, through February 2020. The interior photos are of unit 1517, the layout of 1515 is a mirror image of 1517 with similar finishes.

Additional Information

Proj. Ann. Income
38400
Act. Ann. Income
36000
Act. Ann. Expense
2356
Proj. Ann. Expense
2356
School District
Denver 1
Elementary School
Cheltenham
Middle School
Strive Lake
High School
North
Garage Spaces
2
Style
Ranch/1 Story
Basement
Cellar
Basement Size
Partial
Zoned
U-TU-C
Amenities
Double Pane Windows, Remodeled, Updated
Lot Size
3,900
Acres
0.09
Roofing Material
Rolled Roofing
Contstruction
Brick
Taxes
$2,356
Tax Year
2017
Financial Terms
Cash, Conventional

Courtesy of Porchlight Real Estate Group

Mortgage Calculator

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Calculator source: Real Geeks

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