1701 E Iliff AVE new to site

Denver,CO 80210

$ 825000

6 Beds

4 Baths

2224 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,224 sqft

Price per Sqft $370

Subdivision Evanston

MLS Listing ID 2370312

Style Traditional

Bedrooms 6

Year Built 1955

Annual Tax Amount $5,599

Tax Year 2024

Lot Size 6,660 Sqft

Property Sub-Type Duplex

Property Description

Fantastic investment opportunity in the heart of DU! This up/down duplex offers two spacious units with identical floor plans, each with in-unit laundry. The main-level unit is vacant and recently remodeled with refinished hardwoods, quartz counters, new fixtures, and an upgraded bath. It previously rented for $2,400/month and is ready for a new tenant or owner-occupant. The upper-level unit is leased through May at $1,980/month—well below market due to a long-term tenant, creating strong upside potential. Major updates include roof, furnaces, water heaters, A/C, fencing, xeriscaping, driveway/concrete, and garage door mechanisms. A fenced yard with mature trees, detached two-car garage, and off-street parking complete the property. Live in one unit and rent the other, or hold as a long-term rental with excellent growth potential. Current cap 4.9%; projected cap 5.8% at market rents.

Location

State CO

County Denver

Zoning U-SU-C

Interior

Heating Forced Air,Natural Gas

Cooling Central Air

Flooring Tile,Wood

Laundry In Unit

Exterior

Exterior Feature Private Yard

Garage Spaces 2.0

Fence Full

Utilities Available Cable Available,Electricity Available,Electricity Connected,Natural Gas Available,Natural Gas Connected,Phone Available

Roof Type Composition

Building

Lot Description Corner Lot,Landscaped,Level,Near Public Transit

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Asbury

Middle Schools Grant

High Schools South

School District Denver 1

Others

Acceptable Financing 1031 Exchange,Cash,Conventional

Listing Terms 1031 Exchange,Cash,Conventional

Special Listing Condition None

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