Denver, CO 80205,3447 N Garfield St

$625,000

$650,000

3.8%
Est.Price: ?

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Est. payment /mo

4 Beds

2 Baths

1,798 SqFt


SOLD DATE : 09/07/2023

Key Details

Sold Price $625,000

Property Type Townhouse

Sub Type Attached Dwelling

Listing Status Sold

Purchase Type For Sale

Square Footage 1,798 sqft

Subdivision North Park Hill

MLS Listing ID 4252111

Sold Date 09/07/23

Style Ranch

Bedrooms 4

Full Baths 2

HOA Y/N false

Abv Grd Liv Area 1,798

Originating Board REcolorado

Year Built 1953

Annual Tax Amount $2,001

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 side and rent the other, or rent both sides. Presenting the exceptional duplex located at 3441-3447 Garfield, this property not only offers a desirable location and potential for updates but also serves as a fantastic rental property. Both sides of this duplex currently command rents of $2,200 per unit, demonstrating the strong income-generating potential it holds. With a cap rate of 7.3%, this investment showcases an attractive return on investment, making it a highly lucrative choice for savvy investors seeking stable rental income. Deals like this don't come around very often, and this property presents a rare chance to secure a profitable rental in a desirable neighborhood. The demand for rentals in this area remains consistently high, making it an excellent opportunity to capitalize on the growing rental market. Investors looking to diversify their portfolio or aspiring landlords seeking to maximize their returns will find this duplex to be an exceptional addition. With solid rental income and the potential for future value appreciation, this property combines immediate cash flow with long-term investment potential. Act now to secure this outstanding rental property and enjoy the benefits of passive income and potential equity growth. Opportunities like this are rare, so don't miss out on this chance to secure a solid investment in North Park Hill.

Location

State CO

County Denver

Area Metro Denver

Zoning U-TU-C

Rooms

Primary Bedroom Level Main

Master Bedroom 13x10

Bedroom 2 Main 10x13

Bedroom 3 Main 9x10

Bedroom 4 Main 10x9

Interior

Heating Forced Air

Appliance Washer, Dryer

Exterior

Garage Spaces 4.0

Utilities Available Natural Gas Available, Electricity Available, Cable Available

Waterfront false

Roof Type Composition

Street Surface Paved

Porch Patio

Building

Story 1

Sewer City Sewer, Public Sewer

Water City Water

Level or Stories One

Structure Type Brick/Brick Veneer

New Construction false

Schools

Elementary Schools Harrington

Middle Schools Whittier E-8

High Schools Manual

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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Information and Real Estate Services (IRES)
Listed by brenthilvitz@gmail.com,720-432-5545
Bought with Brokers Guild Homes
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“My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! ”

+1(970) 518-5462

realestate@chadpatterson.com

201 Coffman Street # 1902, Longmont, Colorado, 80502, United States

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