CO > Denver > Chaffee Park
Denver, CO 80221,5475 Primrose Ln
Denver, CO 80221,5475 Primrose Ln
Denver, CO 80221,5475 Primrose Ln
Denver, CO 80221,5475 Primrose Ln
Denver, CO 80221,5475 Primrose Ln
Denver, CO 80221,5475 Primrose Ln
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Nicole And Alysia Clements

Nicole And Alysia Clements

+1(970) 430-9451
$ 659,000
Est. payment | /mo

5 Beds

3 Baths

1,996 SqFt

Save Virtual Tour
$ 659,000
Est. payment | /mo
Save Virtual Tour

5 Beds

3 Baths

1,996 SqFt

Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,996 sqft

Subdivision Chaffee Park

MLS Listing ID 6549159

Bedrooms 5

HOA Y/N false

Abv Grd Liv Area 2,192

Originating Board REcolorado

Year Built 1952

Annual Tax Amount $3,828

Lot Size 0.360 Acres

Acres 0.36

Property Sub-Type Income Property

Property Description

Welcome to this fantastic investment opportunity offering exceptional income potential. This property features 2 units, ensuring a steady cash flow from day one. Whether you're an investor or looking to start a new venture, the possibilities are endless. Recent upgrades in the above unit have enhanced the property's value, and there's still room for further improvement, allowing you to maximize your return on investment. With convenient access to DIA, Regis College, public transportation, it's perfectly positioned for tenants and future growth. The upstairs unit boasts modern elegance with this fully remodeled 3 bedroom, 2 bathroom that perfectly blends style and functionality. The open-concept living space boasts new flooring, fresh paint, and abundant natural light. A sleek, upgraded kitchen features quartz countertops, stainless steel appliances, custom cabinetry, making it a chef's dream. The convenient washer/dryer, direct access to the 2 car garage, is an ideal setup for a buyer looking to live comfortably while generating income by renting out the basement unit. The basement unit offers immediate income potential with reliable tenants already in place until May 2025. Providing an excellent opportunity for a long-term rental income. The basement unit remains in its original condition, as its consistent occupancy has made access challenging. Out of respect for the tenants and their comfort, updates have been deferred, providing an excellent opportunity for the next owner to add their personal touch when the timing is right. The backyard is a blank canvas brimming with potential. BONUS-This spacious lot provides potential for expansion/development, making it ideal for future projects. With current zoning, there's even the possibility of splitting the lot to maximize its potential! Don't miss out on this rare opportunity to own a property with built-in revenue streams and long-term growth potential! PLEASE DO NOT GO IN THE BACKYARD OR DISTURB THE BASEMENT TENANTS

Location

State CO

County Adams

Area Metro Denver

Zoning R-2

Direction 54th and Federal

Rooms

Other Rooms Outbuildings

Basement Partially Finished

Interior

Heating Forced Air

Cooling Central Air

Appliance Dishwasher, Refrigerator, Washer, Dryer, Microwave, Disposal

Exterior

Garage Spaces 2.0

Fence Partial

Roof Type Composition

Porch Patio

Building

Faces South

Story 2

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories Two

Structure Type Wood/Frame

New Construction false

Schools

Elementary Schools Hodgkins

Middle Schools Josephine Hodgkins Leadership Academy

High Schools Westminster

School District Westminster Public Schools

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

Virtual Tour https://www.zillow.com/view-3d-home/797c68fe-be32-4bb7-b12c-30c0c10a5c3d?setAttribution=mls&wl=true

Information and Real Estate Services (IRES)
Listed by Keyrenter Property Management Denver • virginia@keyrenterdenver.com,720-468-8276

GET MORE INFORMATION

agent
Nicole And Alysia Clements

Realtor | Lic# 3002201

+1(970) 430-9451

9800 Pyramid Ct Ste 400, Englewood, CO

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5475 Primrose Ln