Denver, CO 80210,2480-82 S Gilpin ST
Denver, CO 80210,2480-82 S Gilpin ST
Denver, CO 80210,2480-82 S Gilpin ST
22
$796,500
$750,000
6.2%
Est.Price: ?

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4 BD
2 BA
1,784 SqFt

2480-82 S Gilpin ST Denver, CO 80210

Est. payment /mo
SOLD DATE : 03/28/2023

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Key Details

Sold Price $796,500

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,784 sqft

Price per Sqft $446

Subdivision Evanston

MLS Listing ID 3277484

Sold Date 03/28/23

Style Contemporary

Bedrooms 4

HOA Y/N No

Abv Grd Liv Area 909

Originating Board recolorado

Year Built 1953

Annual Tax Amount $3,074

Tax Year 2021

Lot Size 6,098 Sqft

Acres 0.14

Property Description

Splendid over/under fully leased brick duplex located on the corner of the 2400 block of South Gilpin St. The strategic location of this property allows it to pull its tenant base from Centura Porter Adventist Hospital, the University of Denver, and people who either work in downtown Denver or the Denver Tech Center. Additionally, it is steps away from the Harvard Gulch pedestrian Trail allowing easy access to Downing St amenities such as Harvard Gulch mini park, DoBoer Park, Denver Beer CO, Little India, Lil Coffee Shop, Right Cream Ice Cream, and a Conoco gas station. The property is fully leased. The upper unit is paying $1900 + 50% G&E with a lease expiring May 31, 2023. The lower unit tenant is paying $1600 +50% G&E on a MTM basis and will be vacating at the end of April which gives the future owner immediate access to markets rents. The upper unit market rent equates to approximately $2300/mo and The Garden Level unit market rent should be approximately $1800/mo. This property will have very little down time between tenants and the previous owner had the upper unit pre-leased during the acquisition. Recent upgrades include: New HVAC unit installed June 2021. New Garden Level unit shower by Bathfitter installed February 2023. New Baseboard heater in living room of garden level unit installed 2022. New tiling in the kitchen of the upper unit and the bathroom of the lower unit installed June 2021. New Furnace installed March 2022. New Carpet & paint in the upper unit installed June 2021. New Egress Windows in lower unit bedrooms installed June 2021.

Location

State CO

County Denver

Zoning E-TU-C

Rooms

Basement Daylight, Exterior Entry, Finished, Interior Entry

Interior

Interior Features Ceiling Fan(s), Eat-in Kitchen, Pantry, Smoke Free, Utility Sink

Heating Baseboard, Forced Air

Cooling Central Air

Flooring Carpet, Linoleum, Tile, Wood

Fireplace Y

Appliance Disposal, Dryer, Gas Water Heater, Oven, Refrigerator, Washer

Laundry In Basement, Main Level

Exterior

Exterior Feature Lighting, Private Yard, Rain Gutters

Parking Features Concrete

Garage Spaces 2.0

Fence Partial

Utilities Available Cable Available, Electricity Connected, Internet Access (Wired), Natural Gas Connected

Roof Type Architecural Shingle

Total Parking Spaces 2

Garage No

Building

Lot Description Corner Lot, Flood Zone, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick

Schools

Elementary Schools Asbury

Middle Schools Grant

High Schools South

School District Denver 1

Others

Senior Community No

Ownership Agent Owner

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

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

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by LoKation • 917-903-1155
Bought with Compass - Denver

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Jerid Wempen

Broker

+1(720) 297-4020

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