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$350,000 - 1055 Raleigh Street, Denver
- SQ. Feet
DUPLEX - both sides! 1055 and 1057 Raleigh Street. Take advantage of this opportunity to own in Villa Park! Both units currently rented to long term tenants. Sides to the Lakewood/Dry Gulch Park greenbelt and trail system. Within walking distance of the Perry Lightrail Station, schools, multiple parks and RTD buses! Each unit has 1768 square feet with 4 bedrooms and 2 baths. Roof is 4 years old, water heaters 3 years old, tile in the bathrooms, off street parking out front as well as 3 spaces in back, fenced yard. Feel free to drive by units, but please do not disturb the current tenants. Units rent for a total of $2588. Annual total expenses for both units combined is approximately $4900 and include taxes, trash, water/sewer, insurance and minor repairs. Cap rate is 8.9%, cash on cash 12.6% and total return of 17.1% after principal reduction. Information deemed reliable but not guaranteed.
- MLS® #:
- Full Baths:
- Square Footage:
- Year Built:
- Attached Single Family
- Other Multi-unit
- 1055 Raleigh Street
- Villa Park
- Zip Code:
- Adjacent to Greenbelt, Adjacent to Park, Near Public Transit
- Parking Spaces:
- Interior Features:
- Double Pane Windows, Eating Space / Kitchen
- Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven
- Forced Air
- Exterior Features:
- Fence, Yard
- Lot Description:
- Double Pane Windows
- Composition Shingles
- Denver 1
- Lake Int'l
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Listing information last updated on January 17th, 2017 at 10:19am MST.