Description
Turnkey Investment Opportunity in the Heart of Sunnyside! Investor alert! This fully leased up/down duplex and carriage house (3 units total) in sought-after Sunnyside generates $6,095/month in rental income. Situated on a large corner lot, this 1925 all-brick bungalow has been thoughtfully converted into three separately addressed units, making package deliveries and tenant independence seamless. The main house is divided into two - 2-bed, 1-bath units, each with its own private entrance and in-unit washer/dryer. A legal carriage house sits at the rear of the property, offering another 2-bed, 1-bath unit with its own gas and electric meter (this 504sf ADU is not part of the sqft total). The main house shares utilities, keeping operational costs low and each have separate furnaces that are less than 5 years old for comfortable climate control. Designed for low-maintenance ownership, the xeriscaped, fully fenced lot reduces upkeep while providing private outdoor space, including a garden area or small yard. The classic covered front porch preserves the charm of this 1925 bungalow, appealing to long-term renters. Cap Rate: 5.917 Cap Rate Calculation: Taxes $4504, Ins $3500, Repairs $6095, Gross Income: 73,140.00, Operating Expense: 14,000.00, Annual Net Income: 59,041.00. Located in highly desirable Denver neighborhood, tenants enjoy walkability to shops, restaurants, parks, and public transit. With strong rental demand, stable cash flow, and a prime location, this property is the perfect turnkey investment for any portfolio!
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0BEDS
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0.14ACRES
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3BATHS
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01/2 BATHS
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2,530SQFT
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$395$/SQFT
School Information
Offered by Key Realty Partners Llc.Description
Turnkey Investment Opportunity in the Heart of Sunnyside! Investor alert! This fully leased up/down duplex and carriage house (3 units total) in sought-after Sunnyside generates $6,095/month in rental income. Situated on a large corner lot, this 1925 all-brick bungalow has been thoughtfully converted into three separately addressed units, making package deliveries and tenant independence seamless. The main house is divided into two - 2-bed, 1-bath units, each with its own private entrance and in-unit washer/dryer. A legal carriage house sits at the rear of the property, offering another 2-bed, 1-bath unit with its own gas and electric meter (this 504sf ADU is not part of the sqft total). The main house shares utilities, keeping operational costs low and each have separate furnaces that are less than 5 years old for comfortable climate control. Designed for low-maintenance ownership, the xeriscaped, fully fenced lot reduces upkeep while providing private outdoor space, including a garden area or small yard. The classic covered front porch preserves the charm of this 1925 bungalow, appealing to long-term renters. Cap Rate: 5.917 Cap Rate Calculation: Taxes $4504, Ins $3500, Repairs $6095, Gross Income: 73,140.00, Operating Expense: 14,000.00, Annual Net Income: 59,041.00. Located in highly desirable Denver neighborhood, tenants enjoy walkability to shops, restaurants, parks, and public transit. With strong rental demand, stable cash flow, and a prime location, this property is the perfect turnkey investment for any portfolio!
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