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$350,000 - 1055 Raleigh Street, Denver

8
Bedrooms
4
Baths
3,536
SQ. Feet
0.14
Acres

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.

Equity Colorado

Essential Information

  • MLS® #:
    7500413
  • Price:
    $350,000
  • Bedrooms:
    8
  • Bathrooms:
    4.00
  • Full Baths:
    2
  • Square Footage:
    3,536
  • Acres:
    0.14
  • Year Built:
    1973
  • Type:
    Townhome/Condo
  • Sub-Type:
    Attached Single Family
  • Style:
    Other Multi-unit
  • Status:
    Sold

Community Information

  • Address:
    1055 Raleigh Street
  • Subdivision:
    Villa Park
  • City:
    Denver
  • County:
    Denver
  • State:
    CO
  • Zip Code:
    80204

Amenities

  • Features:
    Adjacent to Greenbelt, Adjacent to Park, Near Public Transit
  • Parking Spaces:
    5

Interior

  • Interior Features:
    Double Pane Windows, Eating Space / Kitchen
  • Appliances:
    Refrigerator (Kitchen), Smoke Alarm, Stove/Range/Oven
  • Heating:
    Forced Air
  • Cooling:
    None

Exterior

  • Exterior Features:
    Fence, Yard
  • Lot Description:
    6246.00
  • Windows:
    Double Pane Windows
  • Roof:
    Composition Shingles
  • Construction:
    Brick

School Information

  • District:
    Denver 1
  • Elementary:
    Cowell
  • Middle:
    Lake Int'l
  • High:
    West

Additional Information

  • Zoning:
    E-TU-C

Terms and Conditions: 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 RE/MAX Alliance 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.

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Listing information last updated on December 5th, 2016 at 3:49am MST.