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$690,000
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Property Description
Through no fault of the seller, this property is back on the market! Incredible investment opportunity for a turn key duplex in the fantastic Lincoln Park neighborhood! This property offers a main house on the street level. Featuring 2 large bedrooms, 1 full bathroom, large kitchen with updates, dining room and living room. The unit downstairs features 1 bedroom, 1 full bathroom, a full kitchen and a separate living area. Shared laundry located in the basement. Both units are currently occupied with great tenants. Rents are currently below market rent and could both be raised $200-$400/mo as well as expenses decreased if utilities were charged back to tenants. If aesthetic improvements were done to the property, rents could easily soar beyond projected numbers! Don't miss out on this wonderful income property that can cashflow day 1 with lots of potential! If buyer wanted to occupy the main house, there's a great opportunity to offset their mortgage with the downstairs apartment income!
Full Property Details
Full Property Details for 721 W 9th Ave
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General
- Sold For: $690,000
- Taxes: $2,964 (2021)
- Status: Closed
- Type: Duplex
- Source: MetroList_Colorado
- MLS ID: 4373854
- Added to Site: 1, 071 day(s) ago
Interior
- Interior Features: Built-in Features, Smoke Free
- Fireplace: Yes
- Number of Fireplaces: 1
- Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
- Flooring: Wood
Rooms
Bathrooms
- Total Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Common Area
Additional Information
- Security/Safety: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior
- Porch/Patio/Deck: Covered, Front Porch
Location
- County: Denver
- Subdivision: Smiths
- Driving Directions: Google Maps
- Direction Faces: South
School Information
- Elem School District: Denver 1
- Midd School District: Denver 1
- High School District: Denver 1
- Elementary School: Dora Moore
- Middle School: Kepner
- High School: West
Community
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Room Air Conditioning
- Heating Type: Hot Water
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Structure Type: Duplex
- Construction: Brick
- Basement: Yes
- Basement Desc.: Finished
- Roof: Composition
- Square Feet: 1,668
- Sq. Ft. Source: Public Records
- Living Area: 1,588 Sq. Ft.
- Year Built: 1921
Unit Information
Unit 1
- Unit Description: 2 Bedroom
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Unit Description: 1 Bedroom
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Lot Size (Acres): 0.05
- Lot Size (Sq. Ft.): 2,178
- Road Maintenance: Public Maintained Road
- Fence: Yes
- Lot Features: Level
- Zoning: C-MX-3
- Fencing (Description): Full
Financial Considerations
- Operating Expenses: Insurance, Maintenance, Professional Management, Real Estate Tax, Utilities
- Tax Amount: $2,964
- Tax Year: 2021
- Terms: 1031 Exchange, Cash, Conventional, Other
- Owner Pays: Electricity, Gas, Insurance, Taxes, Trash Collection, Water
- Tenant Pays: Cable TV, Internet, Other
Disclosures and Reports
- Ownership: Corporation/Trust
- Documents Avail.: Leases
- Legal Description: E 44.95FT OF L 19 & 20 & E 44.95FT OF S 1FT OF L 18 BLK 8 SMITHS ADD
- Exclusions: Tenants personal property.
- Property ID: 5036-06-009
Listed by Price and Company
Sold by MODUS Real Estate
Listing agent
— 721 W 9th Ave —
Price and Company
303-883-8989
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 721 W 9th Ave
School District:Denver County School District 1
| Name | Grades | Distance |
|---|---|---|
Dora Moore ECE - 8th Grade School 846 Corona Street, Denver, CO 80218 | PK-5 | 1.2 mi |
Kipp Sunshine Peak Academy 375 South Tejon Street, Denver, CO 80223 | 6-8 | 1.6 mi |
Kunsmiller Creative Arts Academy 2250 South Quitman Way, Denver, CO 80219 | 6-8 | 4.4 mi |
West Middle School, Denver, CO 951 Elati Street, Denver, CO 80204 | 6-8 | 0.1 mi |
Kepner Beacon Middle School 911 South Hazel Court, Denver, CO 80219 | 6-8 | 2.7 mi |
Strive Prep - Kepner 911 South Hazel Court, Denver, CO 80219 | 6-8 | 2.7 mi |
West High School 951 Elati Street, Denver, CO 80204 | 6-8 | 0.1 mi |
Strive Prep - Westwood Campus 3201 West Arizona Avenue, Denver, CO 80219 | 6-8 | 2.9 mi |
Compass Academy 2285 South Federal Boulevard, Denver, CO 80219 | 6-8 | 4.1 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
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721 W 9th Avenue, Denver, CO 80204 (MLS# 4373854) is a Duplex property that was sold at $690,000 on May 12, 2023. Want to learn more about 721 W 9th Avenue? Do you have questions about finding other Duplex real estate for sale in Lincoln Park? You can browse all Lincoln Park real estate or contact a Coldwell Banker agent to request more information.