Property Description

Great opportunity for a solid income-producing property with established rental history, or live in one and rent the other. Mirror-image units with lots of light and lots of room to stretch out, both feature two living rooms, including one with attractive brick fireplace in the lower level, three large bedrooms and two baths, including one en suite in the basement, and eat-in kitchens. Washer and dryer hook-ups provided. Large rear and side yards for both units, as well as one dedicated garage space. Both units are vacant with fresh paint and carpet and ready for immediate occupancy at market rates. Has very well-established rental history, but previous long-term tenants were renting at severely below-market rates. Rents on listing are estimates based on size, location and current market, and buyers should be satisfied with their own estimates before making an offer. Estimated rents yield a 6.4 percent cap rate. Gas and electric are separately metered, but water is not and would have to be built into rents. Great central location with easy access to Academy Bouevard, Woodmen Road and I-25, in a quiet neighborhood near tons of amenities, including shopping, groceries and restaurants. Very rare opportunity for a large, move-in ready duplex in a convenient location.

Property Features