MLS® ID: 2326709
1035 W 12th Avenue
Denver, Colorado, 80204 $349,900
Live in one unit & rent out the other! HUGE UPSIDE POTENTIAL - can leave it as a duplex or convert back to SFR w/ updated comps in the mid-500k range! CORNER LOT Duplex in the continually improving & centrally located LINCOLN PARK neighborhood. 2 Blocks from the park, 1 mile to the light rail station & I-25, minutes to downtown Denver! Was rented out for $1500 (3 bedroom main floor) and $1400 (1 bedroom + office 2nd floor) as-is for a cap rate of over 9%!!!! Fixed up can rent for 1600-1900 per unit! Each unit has separate access. Large paved area in the back yard for private parking. Fully fenced & spacious back yard! LOW property taxes & NO HOA!! Best multi-unit investment you will find this year!