5050 & 5040 W 33rd AVE, Denver, CO 80212 - MLS#9139182

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Cara Grenko

cara@southdenverhomes.com +1(720) 998-1372

$877,000

Est. payment - /mo

3 Beds

3 Baths

2,456 SqFt

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UPDATED:

11/19/2024 08:33 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,456 sqft

Price per Sqft $357

Subdivision Cottage Hill

MLS Listing ID 9139182

Bedrooms 3

HOA Y/N No

Abv Grd Liv Area 1,526

Originating Board recolorado

Year Built 1946

Annual Tax Amount $5,778

Tax Year 2023

Lot Size 10,018 Sqft

Acres 0.23

Property Description

**SELLER IS OFFERING $10,000 IN SELLER CONCESSIONS TO BE USED TOWARDS RATE BUY DOWN/CLOSING COSTS.** Opportunity is calling in the Cottage Hill Denver neighborhood! This is a rare, full side by side duplex being offered together. However, each side has already been separated and will be transferred with two separate deeds. This creates an incredible opportunity to rent/live in one side, fix up the other and then sell separately, fix each side and sell separately to maximize your ROI, or keep both for rental income, but it doesn’t stop there! The west side, 5050 could easily be converted into two separate units. There is already exterior access to the basement level and a small kitchenette area. The possibilities are only limited by your imagination! The roof on the entire building is only roughly 2-years old. Each side has it’s own electric and gas utilities, furnace, hot water heaters, washer/dryer hookup and 1 private space in the detached 2-car garage. The water and sewer is shared with only one for the entire building. Both sides feature hardwood floors, living room, 1 bed, 1 bath, kitchen and dining space on the main levels. On the 5050 side the basement features an additional bathroom, small kitchenette area, washer/dryer, non-conforming bedroom and small living space off the mechanical area and that rare exterior access. On the 5040 side the basement is mainly finished with an open area off the mechanical area, wash/dryer and a large storage room under the stairs. Each side features their own private yard space that is currently fenced and has direct access to the garage. Great opportunity for flippers, buy and hold investors or primary buyers wanting to reduce their cost by owning an entire duplex in a great west Highlands area, just minutes from restaurants, shopping and the Sloan’s Lake area! Schedule your private showing today before someone else answers this call in Cottage Hill!

Location

State CO

County Denver

Zoning U-SU-C

Rooms

Basement Partial

Interior

Heating Forced Air

Cooling None

Flooring Tile, Vinyl, Wood

Fireplace N

Appliance Gas Water Heater, Oven, Refrigerator

Laundry In Unit

Exterior

Exterior Feature Private Yard

Garage Spaces 2.0

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected

Roof Type Composition

Total Parking Spaces 2

Garage No

Building

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Edison

Middle Schools Skinner

High Schools North

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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Listed by KELLER WILLIAMS AVENUES REALTY • JohnSannino@gmail.com,303-881-4366

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Cara Grenko

+1(720) 998-1372

Broker Associate | FAFA100067393

Broker Associate FAFA100067393