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Pamela Gonacha, Associate Broker
SOLD
$400,000
Date 06/22/2023

4719 S Pearl St
Englewood, CO 80113

Ranch
Residence
2
Beds
2
Baths
1,408
Sqft
Courtesy: Thomas LaRocque - Your Castle Realty LLC; Phone: 303-962-4272
Two great rental units under one roof. A duplex in a single-family neighborhood. This cash-flowing investment property sits on an enormous 12,850 square foot lot. It combines the appeal of quiet residential living with immediate steady cash and future redevelopment possibilities. Each unit is an efficient 1BR/1BA with its own gas and electric meter. Englewood public water is on a shared meter, and a working well produces "free" unmetered water for irrigating the massive lawn. Both units are tenant-occupied through March 2024. Significant opportunity for rent increases with current rates approximately 30 percent below market. The garage is "duplexed" as well, divided by a wall with storage galore and one parking space per side. Plus tons of additional parking on the street and just off the low-traffic cul-de-sac alley. Zoning legislation at the local and state level may create new development possibitlies. This property is the perfect house hack, cash-flowing income investment, and land-bank play pending zoning changes. Buyers should exercise due diligence.
6199411
Ranch, Ranch, 1 Story
2
Arapahoe
2
1949
1
Wood Frame
City Sewer, Public Sewer
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Courtesy: Thomas LaRocque - Your Castle Realty LLC; Phone: 303-962-4272
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