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Pamela Gonacha, Associate Broker
SOLD
$600,000
Date 12/27/2023

2535 W 55th Ave
Denver, CO 80221

Ranch
Residence
4
Beds
2
Baths
2,048
Sqft
Courtesy: Adam Riddle - Capstone Apartment Partners, LLC; Phone: 303-257-7627
The property boasts two 3-bedroom, 2-bathroom units that consistently achieve robust rental rates. These large units cater to the demand for comfortable and accommodating living spaces, attracting quality tenants and bolstering the property's income potential.This investment opportunity presents an appealing in-place cap rate, offering a rare opportunity to secure a favorable yield in the prevailing interest rate climate.Proximity to Regis University: Located just minutes away from Regis University, this property offers a convenient housing option for graduate students or staff.Great opportunity for owner occupant to live in one side and cover the majority of the debt.Rare side-by-side duplex that offers two separate driveways, yards, and 2-car garages.
2100890
Ranch, Ranch, 1 Story
4
Adams
2
1986
City Water
1
Wood Frame
City Sewer, Public Sewer
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Courtesy: Adam Riddle - Capstone Apartment Partners, LLC; Phone: 303-257-7627
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