1701 E Iliff Ave new Save Request In-Person Tour Request Virtual Tour
Denver,CO 80210
Key Details
Property Type Single Family Home
Sub Type Income Property
Listing Status Active
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $370
Subdivision Evanston
MLS Listing ID 2370312
Style Ranch
Bedrooms 6
Year Built 1955
Annual Tax Amount $5,599
Lot Size 6,534 Sqft
Property Sub-Type Income Property
Property Description
Fantastic investment opportunity in the heart of DU! This up/down duplex offers two spacious units with identical floor plans, each with in-unit laundry. The main-level unit is vacant and recently remodeled with refinished hardwoods, quartz counters, new fixtures, and an upgraded bath. It previously rented for $2,400/month and is ready for a new tenant or owner-occupant. The upper-level unit is leased through May at $1,980/month, well below market due to a long-term tenant, creating strong upside potential. The property has a strong rental history, with consistent occupancy and steady cash flow. Major updates include roof, furnaces, water heaters, A/C, fencing, xeriscaping, driveway/concrete, and garage door mechanisms. A fenced yard with mature trees, detached two-car garage, and off-street parking complete the property. Live in one unit and rent the other, or hold as a long-term rental with excellent growth potential. Current cap 4.9%; projected cap 5.8% at market rents.
Location
State CO
County Denver
Area Metro Denver
Zoning U-SU-C
Interior
Heating Forced Air
Cooling Central Air
Exterior
Garage Spaces 2.0
Fence Fenced
Utilities Available Natural Gas Available,Electricity Available,Cable Available
Roof Type Composition
Building
Lot Description Corner Lot,Level
Story 1
Sewer City Sewer,Public Sewer
Water City Water
Structure Type Brick/Brick Veneer
New Construction false
Schools
Elementary Schools Asbury
Middle Schools Grant
High Schools South
School District Denver 1
Others
Special Listing Condition Private Owner
Virtual Tour https://listings.inhousephotos.com/sites/1701-e-iliff-ave-denver-co-80210-18589928/branded