1040 S Kearney, Denver, CO 80224
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
1040 S Kearney,Denver, CO 80224
$620,000
- 5 Beds
- 3 Baths
- 1,876 sq. ft.
- Multi-family
- Active
Listed by: eimear mcguire
Office: mcguire realty
MLS#:6820473
Source:ML
Price summary
- Price:$620,000
- Price per sq. ft.:$330.49
About this home
Rare opportunity to own two separate residences on a spacious 9,370 SF lot in a fantastic location overlooking the park with beautiful mountain views! This unique property offers exceptional flexibility for an owner-occupant, multigenerational living, or investor.
The main residence is a 3-bedroom, 2-bath single-family home that is currently vacant and ready for its new owner. Previously rented for $2,600/month, it features beautiful hardwood floors, an updated kitchen, generous living space, a two-car garage, covered patio and private fenced backyard. Large windows provide abundant natural light and take advantage of the property’s open park setting.
The separate 1-bedroom, 1-bath home is currently rented for $1,450/month, providing immediate rental income. Live in the vacant main house while collecting rent from the second residence to help offset your monthly mortgage payment, or rent both homes for potential combined gross rental income of approximately $4,050/month ($48,600 annually).
Both residences have separate fenced backyards, providing privacy and usable outdoor space. The property also features a well and sits on an approximately 9,370 SF lot with beautiful views across the park toward the mountains.
Conveniently located near baseball fields and Lollipop Lake, this property combines location, outdoor space and income potential in a configuration that is difficult to find. Two residences, a large lot, garage parking, existing rental income, park frontage and mountain views make 1040 S Kearney a truly unique opportunity....
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Home facts
- Year built:1952
- Subdivision & Development:Sun Valley
- Listing ID #:6820473
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Flooring:Carpet, Tile, Wood
- Kitchen Description:Dishwasher, Freezer, Microwave, Oven, Refrigerator
- Basement Description:Crawl Space
- Living area:1,876 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1952
- Building area:1,876 sq. ft.
- Lot Features:Landscaped, Level, Sprinklers In Front
- Architectural Style:Cottage
- Construction Materials:Wood Siding
- Exterior Features:Front Porch, Garden, Private Yard
- Levels:1 Story
Schools
- High school:George Washington
- Middle school:Hill
- Elementary school:Place Bridge Academy
Utilities
- Water:Public, Well
- Sewer:Public Sewer
Finances and disclosures
- Price:$620,000
- Price per sq. ft.:$330.49
- Tax amount:$3,035
Features and amenities
- Laundry features:Dryer, In Unit, Washer
- Amenities:Gas Water Heater
Parking
- Garage spaces:2
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