Rare opportunity to acquire a large duplex in Northeast Denver offering strong in-place income with significant upside potential. This property features nearly 4,000 finished square feet across two spacious units, each with separate upper and lower living areas, making it attractive for investors seeking both cash flow and future appreciation.… Read More The property previously generated $5,300 per month in rental income. Unit Highlights: 3691 (South Unit – Available to Show) 4 Bed / 2 Bath Upper level: 2 bed / 1 bath Lower level: 2 bed / 1 bath Spacious living area Separate back entrance to the basement offers flexibility 3693 (North Unit – Tenant Occupied) 3 Bed / 2 Bath (potential 4 bedroom configuration) Upper level: 2 bed / 1 bath Lower level: 1 bed / 1 bath Same floor plan as south unit Available for showing after contract Nearly 4,000 finished square feet with large units rarely found in Denver duplex inventory. Separate entrances provide flexible living arrangements and potential for alternative configurations, subject to zoning and city approval. Newer AC units in both properties, new backyard fence, and some interior updates have been completed. Immediate income potential with additional upside through cosmetic improvements and rent growth. Value-Add Opportunity: Investors may consider updating interiors to increase rental income and overall value. The existing layout with separate upper and lower living areas may offer additional flexibility for future use strategies, subject to buyer verification of zoning and allowable uses. Investment strategies may include holding as a duplex with rent growth, value-add renovation, house hacking, or exploring rezone for a 4-plex (buyer to verify zoning and feasibility). Perfect opportunity for an investor seeking income today with long-term upside potential. Listing Broker takes no responsibility for its accuracy and all information must be independently verified by buyer. Read Less
Courtesy of Real Broker, LLC DBA Real, Patrick Laurienti, [email protected].
Listing Snapshot
Days Online
1
Last Updated
Property Type
Single Family Residence
Beds
7
Full Baths
4
Square Ft.
3,926
Lot Size
0.15 Acres
Year Built
1955
MLS Number
3966028
30 Days Snapshot Of 80207
$828k
0%
(avg) sold price
28
+180%
homes sold
63
-25%
(avg) days on market
Snapshot
Area Map
Additional Details
Utilities
Water Included, Power Production Count: 0, Utilities: "Electricity Connected", Water Source: "Public"
Livable Structure Count: 0, Out Building Count: 0, Property Sub Type: Single Family Residence, Zoning: E-TU-B
Roof
Roof: "Composition"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 3794, Legal Description: T3 R67 S30 NE/4 BEG W LINE FOREST ST 50FT S OF S LINE 38 THAV TH S 50FT W 127FT M/L N 50FT E 127FT M/L TPOB, Tax Year: 2024
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.
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