Denver, CO 80205,3441-3447 N Garfield ST
Denver, CO 80205,3441-3447 N Garfield ST
Denver, CO 80205,3441-3447 N Garfield ST
32
$625,000
$650,000
3.8%
Est.Price: ?

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4 BD
2 BA
1,798 SqFt

3441-3447 N Garfield ST Denver, CO 80205

Est. payment /mo
SOLD DATE : 09/07/2023

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Paul Murphy, Realtor

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Key Details

Sold Price $625,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,798 sqft

Price per Sqft $347

Subdivision North Park Hill

MLS Listing ID 4434021

Sold Date 09/07/23

Style Traditional

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 1,798

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 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.

Location

State CO

County Denver

Zoning U-TU-C

Interior

Interior Features Eat-in Kitchen, No Stairs

Heating Forced Air

Cooling None

Flooring Wood

Fireplace N

Appliance Dryer, Gas Water Heater, Range

Laundry In Unit

Exterior

Fence Full

Utilities Available Cable Available, Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Foundation Concrete Perimeter

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 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by REDESIGNED REALTY • [email protected],720-432-5545
Bought with CO Home Base, LLC

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Paul Murphy, Realtor

Realtor | License ID: EA.040007793

+1(720) 882-0825

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