Denver, CO 80207,3220 Albion ST
Denver, CO 80207,3220 Albion ST
Denver, CO 80207,3220 Albion ST
Denver, CO 80207,3220 Albion ST
Denver, CO 80207,3220 Albion ST
Denver, CO 80207,3220 Albion ST
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$704,000

$719,900

2.2%
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

800 SqFt


SOLD DATE : 03/22/2024

Key Details

Sold Price $704,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 800 sqft

Price per Sqft $880

Subdivision Ne Park Hill

MLS Listing ID 3009520

Sold Date 03/22/24

Bedrooms 4

HOA Y/N No

Originating Board recolorado

Year Built 1941

Tax Year 2024

Lot Size 3,920 Sqft

Acres 0.09

Property Description

Investors and house hackers, your opportunity awaits in this beautifully remodeled duplex in the heart of Park Hill! This 4-bedroom, 2-bathroom gem, situated on a sizable 4115 sqft lot with 2 deeded parking spaces, promises to captivate both your heart and your income desires.

The strategic layout of this property allows for various possibilities. Live in one unit and rent out the other, creating an effortless and cost-effective living arrangement. Alternatively, capitalize on the prime location to rent out both units and enjoy a steady stream of residual income. The choice is yours, and the potential is vast.

Step onto the property and be greeted by a charming front patio, setting the tone for the impressive interior. The bright and open floor plan features refinished original hardwood flooring, adding character and warmth to the space. Both units offer spacious living rooms, inviting dining areas, and updated kitchens adorned with quartz countertops, stainless steel appliances, and custom backsplashes.

Each unit comprises two generously sized bedrooms and a full bathroom, providing comfort and convenience for occupants. The estimated rent for the top unit is $2400, while the bottom unit is estimated at $1800, offering a solid estimated 6% cap rate for savvy investors.

The lot boasts a fully fenced area, providing a private and secure space to bask in the Colorado sunshine or let the dogs and kids play freely. With proximity to City Park, I-25, and the light rail station, this property ensures both convenience and accessibility.

Don't miss out on this lucrative investment opportunity! Whether you're looking to enhance your income or find a smart living solution, this duplex in Park Hill is the key. Act now and secure your stake in Denver's thriving real estate market!

Location

State CO

County Denver

Rooms

Basement Full

Interior

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile, Wood

Fireplace N

Appliance Dishwasher, Disposal, Range, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Private Yard

Fence Full

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Story One

Sewer Public Sewer

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Stedman

Middle Schools Dsst: Conservatory Green

High Schools East

School District Denver 1

Others

Senior Community No

Ownership Agent Owner

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 Madison & Company Properties • Brianna@WealthByRE.com,720-383-4588
Bought with PERCH REAL ESTATE

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Matt Thomas

Consultant | Broker Associate | FA100030130

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