3441-3447 N Garfield Street, Denver, CO 80205

$625,000
4
BD
2
BA
1,798
SqFt

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Courtesy of REDESIGNED REALTY . brenthilvitz@gmail.com,720-432-5545

Selling Office: CO Home Base, LLC.

Sold Price
$625,000
List Price
$650,000
Closing Date
Sep 07, 2023
Type
Multifamily
Status
CLOSED
MLS Number
4434021
Finished Sqft
1,798
Above Grade Sqft
1798
Total Sqft
1798
Subdivision
North Park Hill
Sub-Area
North Park Hill
Year Built
1953

Property Description

Welcome to the incredible investment opportunity in the highly sought-after North Park Hill neighborhood! Live in one sideand rent the other, or rent both sides. Presenting the exceptional duplex located at 3441-3447 Garfield, this property notonly offers a desirable location and potential for updates but also serves as a fantastic rental property. Both sides of thisduplex currently command rents of $2,200 per unit, demonstrating the strong income-generating potential it holds. With acap rate of 7.3%, this investment showcases an attractive return on investment, making it a highly lucrative choice forsavvy investors seeking stable rental income. Deals like this don't come around very often, and this property presents arare chance to secure a profitable rental in a desirable neighborhood. The demand for rentals in this area remainsconsistently high, making it an excellent opportunity to capitalize on the growing rental market. Investors looking todiversify their portfolio or aspiring landlords seeking to maximize their returns will find this duplex to be an exceptionaladdition. With solid rental income and the potential for future value appreciation, this property combines immediate cashflow with long-term investment potential. Act now to secure this outstanding rental property and enjoy the benefits ofpassive income and potential equity growth. Opportunities like this are rare, so don't miss out on this chance to secure asolid investment in North Park Hill.

Additional Information

School District
Denver 1
Elementary School
Harrington
Middle School
Whittier E-8
High School
Manual
Style
Traditional
Lot Size
6,250
Acres
0.14
Taxes
$2,001
Tax Year
2022

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