• 10-bedroom duplex
• Two 5-bed units
• Fully leased
• In-place income
• Upside potential
• E-TU-B zoning Income-producing
Denver duplex featuring two oversized 5-bedroom units (10 bedrooms total) with approximately 3,134 sq ft of combined living area. Both units are currently leased, providing immediate stabilized income from day one. One unit is leased at $3,000/month with documented payment history. The second unit commenced lease on February 6 at $2,095/month with a non–Section 8 tenant. Seller-provided figures reflect current in-place rents totaling $5,095/month ($61,140 annually), representing an estimated 9.06% gross cap rate at a $675,000 purchase price. A full stabilization scenario based on updated Housing Authority payment standards supports projected rents of up to $8,630/month ($103,560 annually), or an estimated 15.34% gross cap rate. Buyer to independently verify all income, rent projections, payment standards, expenses, and operating assumptions. 2025 property taxes are approximately $1,975.28. Seller reports a recent total monthly payment (PITI) of approximately $3,782.96; buyer financing, terms, and costs will vary. Zoning is E-TU-B (Urban Edge), allowing flexibility for long-term hold or alternative income strategies, subject to buyer verification of use and approvals. Positioned in an established rental corridor with access to major employment centers, transit routes, and central Denver destinations. Suitable for investors seeking documented in-place income with defined upside potential. NEARBY AMENITIES • ~0.6 mi to National Western Complex • ~1.2 mi to RiNo Art District • ~1.5 mi to Mission Ballroom • ~1.8 mi to Downtown Denver
4665 Gaylord Street
Share this property on:
Message Sent