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Pamela Gonacha, Associate Broker
SOLD
$704,000
Date 03/22/2024

3220 Albion St
Denver, CO 80207

Ranch
Residence
4
Beds
2
Baths
1,600
Sqft
0.09
Lot Size
Courtesy: Brianna Springer - Madison & Company Properties; Phone: 303-771-3850
Investors and house hackers, your opportunity awaits in this beautifully remodeled duplex in the heart of Park Hill! This 4-bedroom, 2-bathroom gem, situated on a sizable 4115 sqft lot with 2 deeded parking spaces, promises to captivate both your heart and your income desires.The strategic layout of this property allows for various possibilities. Live in one unit and rent out the other, creating an effortless and cost-effective living arrangement. Alternatively, capitalize on the prime location to rent out both units and enjoy a steady stream of residual income. The choice is yours, and the potential is vast.Step onto the property and be greeted by a charming front patio, setting the tone for the impressive interior. The bright and open floor plan features refinished original hardwood flooring, adding character and warmth to the space. Both units offer spacious living rooms, inviting dining areas, and updated kitchens adorned with quartz countertops, stainless steel appliances, and custom backsplashes.Each unit comprises two generously sized bedrooms and a full bathroom, providing comfort and convenience for occupants. The estimated rent for the top unit is $2400, while the bottom unit is estimated at $1800, offering a solid estimated 6% cap rate for savvy investors.The lot boasts a fully fenced area, providing a private and secure space to bask in the Colorado sunshine or let the dogs and kids play freely. With proximity to City Park, I-25, and the light rail station, this property ensures both convenience and accessibility.Don't miss out on this lucrative investment opportunity! Whether you're looking to enhance your income or find a smart living solution, this duplex in Park Hill is the key. Act now and secure your stake in Denver's thriving real estate market!
3009520
Ranch, Ranch, 1 Story
4
Denver
2
1941
0.09 Acres
1
Brick,Brick Veneer
City Sewer, Public Sewer
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Courtesy: Brianna Springer - Madison & Company Properties; Phone: 303-771-3850
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