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3431 & 3435 W Dakota Avenue

Denver, CO 80219
  • $600,000
  • STATUS: Pending
  • ON SITE: 33 Days
  • MLS #: 2281891
Under Contract
UPDATED: 27 min ago
$600,000
  • 4
    BEDS
  • 0.15
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,490
    SQFT
  • $403
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Offered by Your Castle Realty Llc.

Description

*Turnkey remodeled DUPLEX, both units sold together. Live in one side and rent the other or rent both. *New roof June 2021 *New egress windows for both garden-level bedrooms *Water heater in garden-level replaced in 2021 *Vinyl windows in both units *Driveway Parking: 3 cars cars *Backyard can be kept as is, divided with fence to create private yards for each unit or an ADU could be built (Zoning E-TU-C allows for ADU, 2-8 units, buyer to verify.) RENTS: *Current garden-level lease in place until 6/15/22. Rent is $1,370. Tenant wants to stay. *The upstairs unit, 3435, rented for $1,486/month as Section 8 and the unit had a complete overall since then. Rentometer supports rents of $1,850 for nicer 2 bedroom/1 bath duplexes in Westwood. No rent increase upstairs since 2019 and it was not in good condition when rented. Great opportunity to increase rents in both units. Cap Rate Calculation: proforma up 1,850,down 1,420=39,240 gross NOI=30,678 1,692 annual tax 1,812 annual insurance 750 water estimate 3,131 maintenance at 8% 1,177 vacancy at 3%

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Licensed in the State of Colorado, USA

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 Find Colorado Real Estate - Northern Colorado Team 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

www.findcolorado.com/homes/127944305
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3431 & 3435 W Dakota Avenue Denver, CO 80219

  • Price: $600,000
  • Status: Pending
  • On Site: 33 Days
  • Updated: 27 min ago
  • MLS #: 2281891
4
Beds
2
Baths
0
½ Baths
0.15
Acres
1,490
SQFT
$403
$/SQFT
1955
Built
Neighborhood:
Westwood
County:
Denver
Area:
Denver
Elementary School:
Munroe
Middle School:
Compass Academy
High School:
West
School District:
Denver 1
Property Description
*Turnkey remodeled DUPLEX, both units sold together. Live in one side and rent the other or rent both. *New roof June 2021 *New egress windows for both garden-level bedrooms *Water heater in garden-level replaced in 2021 *Vinyl windows in both units *Driveway Parking: 3 cars cars *Backyard can be kept as is, divided with fence to create private yards for each unit or an ADU could be built (Zoning E-TU-C allows for ADU, 2-8 units, buyer to verify.) RENTS: *Current garden-level lease in place until 6/15/22. Rent is $1,370. Tenant wants to stay. *The upstairs unit, 3435, rented for $1,486/month as Section 8 and the unit had a complete overall since then. Rentometer supports rents of $1,850 for nicer 2 bedroom/1 bath duplexes in Westwood. No rent increase upstairs since 2019 and it was not in good condition when rented. Great opportunity to increase rents in both units. Cap Rate Calculation: proforma up 1,850,down 1,420=39,240 gross NOI=30,678 1,692 annual tax 1,812 annual insurance 750 water estimate 3,131 maintenance at 8% 1,177 vacancy at 3%
Exterior Features

Architectural Style Traditional Attached Garage YN No Carport Spaces 0 Carport YN No Covered Spaces 0 Exterior Features LightingPrivate YardRain Gutters Garage YN No Lot Features Level Lot Size Area 0.15 Lot Size Square Feet 6750 Parking Features DrivewayGravel Parking Total 3 Patio And Porch Features Deck Roof Composition Structure Type Duplex

Interior Features

Appliances DryerDishwasherFreezerDisposalMicrowaveOvenRefrigeratorWasher Basement FullFinishedInterior EntryBath/Stubbed Basement YN Yes Below Grade Finished Area 600 Fireplace Features BasementLiving RoomWood Burning Fireplace YN Yes Fireplaces Total 1 Flooring CarpetTile Foundation Details Concrete Perimeter Heating BaseboardForced Air Heating YN Yes Laundry Features In Unit Levels One Living Area Sq Ft 1490

Property Features

Above Grade Finished Area 890 Association YN No Building Area Source Public Records Common Walls 1 Common Wall Construction Materials Concrete Contingency None Known Electric Single Phase220 Volts Exclusions Interior And Exterior Staging itemstenant's Personal Property. Home Warranty YN No Listing Terms CashConventional1031 ExchangeFha Ownership Agent Owner Possession Immediately Property Condition Updated/Remodeled Property Sub Type Duplex Security Features Carbon Monoxide Detector(S)Smoke Detector(S) Senior Community YN No Sewer Public Sewer Special Listing Conditions None Tax Annual Amount 1925 Tax Year 2021 Water Source Public Zoning E-Tu-C

Listing courtesy of Your Castle Realty Llc:303-962-4272. MLS #2281891


Licensed in the State of Colorado, USA

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 Find Colorado Real Estate - Northern Colorado Team 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.

1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

© 2022 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

 
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Find Colorado Real Estate - Northern Colorado Team
201 Camino Real
Fort Collins CO, 80524
Offered by Your Castle Realty Llc.