Denver, CO 80205,3447 N Garfield ST
Denver, CO 80205,3447 N Garfield ST
Denver, CO 80205,3447 N Garfield ST
Denver, CO 80205,3447 N Garfield ST
Denver, CO 80205,3447 N Garfield ST
Denver, CO 80205,3447 N Garfield ST
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$625,000

$650,000

3.8%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

1,798 SqFt


SOLD DATE : 09/07/2023

Key Details

Sold Price $625,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 1,798 sqft

Price per Sqft $347

Subdivision North Park Hill

MLS Listing ID 4252111

Sold Date 09/07/23

Bedrooms 4

Full Baths 2

HOA Y/N No

Originating Board recolorado

Year Built 1953

Annual Tax Amount $2,001

Tax Year 2022

Lot Size 6,098 Sqft

Acres 0.14

Property Description

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

Location

State CO

County Denver

Zoning U-TU-C

Rooms

Main Level Bedrooms 4

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Wood

Fireplace N

Appliance Dryer, Oven, Washer

Laundry In Unit

Exterior

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Story One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Harrington

Middle Schools Whittier E-8

High Schools Manual

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by REDESIGNED REALTY • brenthilvitz@gmail.com,720-432-5545
Bought with Brokers Guild Homes

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Matt Thomas

Consultant | Broker Associate | FA100030130

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