Property Description

10-bedroom duplex ? Two 5-bed units ? Fully leased ? $5,095/month in-place income ? E-TU-B zoning ? Central Denver locationIncome-producing Denver duplex featuring two 5-bedroom residences (10 bedrooms total) with approximately 3,134 sq ft of combined living area. Both units are currently leased, providing immediate in-place income of $5,095 per month ($61,140 annually). One unit is leased at $3,000/month with documented payment history. The second unit began its lease February 6 at $2,095/month.Seller-provided figures reflect an estimated 9.06% gross cap rate based on current rents and a $675,000 purchase price. A potential stabilization scenario, referencing Housing Authority payment standards, indicates projected rents of up to $8,630 per month ($103,560 annually). All income figures, rent projections, payment standards, expenses, zoning allowances, and operating assumptions are subject to buyer verification. 2025 property taxes are approximately $1,975.28.Zoned E-TU-B (Urban Edge ? Two Unit), allowing residential use flexibility subject to buyer verification of permitted uses and required approvals. High bedroom count configuration supports multiple residential rental strategies, subject to local regulations and buyer due diligence.Located within central Denver with access to employment centers, commuter routes, entertainment venues, and commercial districts. Proximity to established attractions and transit corridors contributes to continued housing demand in the surrounding area.Investment profile includes stabilized in-place leases, 10 total bedrooms, central location, and Urban Edge zoning.NEARBY AMENITIES? ~0.6 mi to National Western Complex? ~1.2 mi to RiNo Art District? ~1.5 mi to Mission Ballroom? ~1.8 mi to Downtown Denver? ~2.0 mi to Coors Field? ~2.2 mi to Union Station

Property Features

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