PENDING as of 9/8/2023 -
650000
Listing courtesy of RE/MAX of Cherry Creek
Come get this rare side-by-side full duplex that has GREAT cash flow!! At the current rental rate, this property at 650K is close a 7 CAP!!! Where else can you get a 7 CAP in town!! The expenses since ownership is around 5K a year. The front unit has three beds and two baths and has been rented for about 2100-2200 a month. Currently, the front unit is vacant for you to show very quickly. The back unit, which has four beds and two baths, is currently rented for $2100, and their lease is up in Feb. Both units have full basements that are finished out and have excellent ceiling height and floor plans. There is also a two-car detached brick garage that recently got a new garage door and opener. The location is close to all the great retail that Lowry has to offer! If you are looking for an excellent long-term investment to park cash and get better cash flow than the stock market, the bank, or any money market, this is the deal for you! This full duplex could also be a great spot to live in one side and rent on the other. The options are endless.