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Sold for $625,000 on 09/07/23
  • $625,000

    3441-3447 N Garfield Street, Denver, CO 80205

    4beds
    2baths
    1,798sqft
    Duplex
    Built in 1953
    -- sqft lot
    $632,200 Zestimate®
    $348/sqft
    $2,857 Estimated rent

    What's special

    Welcome to the incredible investment opportunity in the highly sought-after North Park Hill neighborhood! Live in one sideand rent the other, or rent both sides. Presenting the exceptional duplex located at 3441-3447 Garfield, this property notonly offers a desirable location and potential for updates but also serves as a fantastic rental property. Both sides of thisduplex currently command rents of $2,200 per unit, demonstrating the strong income-generating potential it holds. With acap rate of 7.3%, this investment showcases an attractive return on investment, making it a highly lucrative choice forsavvy investors seeking stable rental income. Deals like this don't come around very often, and this property presents arare chance to secure a profitable rental in a desirable neighborhood. The demand for rentals in this area remainsconsistently high, making it an excellent opportunity to capitalize on the growing rental market. Investors looking todiversify their portfolio or aspiring landlords seeking to maximize their returns will find this duplex to be an exceptionaladdition. With solid rental income and the potential for future value appreciation, this property combines immediate cashflow with long-term investment potential. Act now to secure this outstanding rental property and enjoy the benefits ofpassive income and potential equity growth. Opportunities like this are rare, so don't miss out on this chance to secure asolid investment in North Park Hill.

    Zillow last checked: 7 hours ago

    Listing updated: September 13, 2023 at 08:51pm

    Listed by:

    Brent Hilvitz 720-432-5545 brenthilvitz@gmail.com,

    Redesigned Realty

    Bought with:

    Matthew Smith, 100048273

    CO Home Base, LLC

    Source: REcolorado,MLS#: 4434021MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Forced Air
    Cooling
    • None
    Appliances
    • Included: Dryer, Gas Water Heater, Range
    • Laundry: In Unit
    Features
    • Eat-in Kitchen, No Stairs
    • Flooring: Wood
    • Has basement: No
    • Common walls with other units/homes: No One Above,No One Below,1 Common Wall
    Interior area
    • Total structure area: 1,798
    • Total interior livable area: 1,798 sqft
    • Finished area above ground: 1,798

    Property

    Parking
    • Total spaces: 2
    • Details: Off Street Spaces: 2
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Covered, Patio
    • Fencing: Full
    Lot
    • Size: 6,250 sqft
    • Features: Level
    Details
    • Parcel number: 225133015
    • Zoning: U-TU-C
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Duplex
    • Attached to another structure: Yes
    Materials
    • Brick
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • Fixer
    • Year built: 1953

    Utilities & green energy

    • Electric: 110V, 220 Volts
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Natural Gas Connected

    Community & neighborhood

    Security
    • Security features: Carbon Monoxide Detector(s)
    Location
    • Region: Denver
    • Subdivision: North Park Hill

    Other

    Other facts
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
    • Ownership: Individual
    Services availability
    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $632,200

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $632,200