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$699,900

Est. payment - /mo

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6 Beds

2 Baths

2,257 SqFt

Active

2645 S Cherry Denver, CO 80222

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Jerid Wempen

jwempen81@hotmail.com +1(720) 297-4020

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,257 sqft

Subdivision Hutchinsons University Place

MLS Listing ID IRE6153819

Bedrooms 6

HOA Y/N No

Year Built 1958

Annual Tax Amount $3,688

Tax Year 2024

Property Sub-Type Duplex

Source ires

Property Description

INVESTOR SPECIAL! LOCATION! LOCATION! LOCATION! Centrally located blocks from Yale Street Station and the University of Denver DU, this duplex is a great investment! Each side has three bedrooms and one full bath. Both units are in rental condition and have longer-term renters on a month-to-month lease (under valued monthly leases). Live in one unit and rent out the other, having your renter pay part of your mortgage providing you with a steady rental income; make your new home! OR add a duplex to your portfolio. Seller also has a second duplex available next door if you're looking for a FOUR-PLEX to add to your portfolio (and has a remodeled "owner" side) . This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. Each side has 3 beds, 1 bath, and 1,026 square feet, and what makes this property even more versatile is a basement bonus room with outside access (one unit only). Whether utilized as a home office, storage space, art studio, gym or a cozy retreat, this additional 205 sq ft adds endless possibilities to your new abode. Washer-dryer hookups are in both units. Outside, the gated backyard provides privacy and security, ideal for outdoor gatherings or simply unwinding in tranquility. Enjoy city living with the convenience of a single-car garage offering ample storage space and the second unit has a covered off street parking stall. Don't miss the opportunity to make this exceptional investment yours today!

Location

State CO

County Denver

Community Hutchinsons University Place

Area Metro Denver

Rooms

Basement Partial

Interior

Interior Features Eat-in Kitchen

Heating Forced Air, Hot Water

Appliance Dishwasher, Microwave, Disposal, Fire Alarm

Exterior

Parking Features Detached

Garage Spaces 1.0

Fence Fenced

Utilities Available Master Meter-Electric, Master Meter-Gas

View Y/N No

Roof Type Composition

Porch Patio

Garage Yes

Building

Sewer Public Sewer

Water City

Level or Stories One

Structure Type Brick

New Construction false

Schools

Elementary Schools University Park

Middle Schools Merrill

High Schools Denver District 1

School District Denver District 1

Others

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

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

Information and Real Estate Services (IRES)

Listed by Angela Fox

NEARBY SCHOOL & BUSINESS

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Jerid Wempen

Broker

+1(720) 297-4020