4585/4587 E Yale Avenue, Denver, CO 80222
Local realty services provided by:Better Homes and Gardens Real Estate Kenney & Company
4585/4587 E Yale Avenue,Denver, CO 80222
$750,000
- 6 Beds
- 2 Baths
- 2,257 sq. ft.
- Multi-family
- Active
Listed by: angela fox
Office: madison & company properties
MLS#:5112535
Source:ML
Price summary
- Price:$750,000
- Price per sq. ft.:$332.3
About this home
House Hack Opportunity! Multi-unit investor special! Centrally located blocks from Yale Street Station and the University of
Denver DU, this updated duplex is a great investment! Perfect for Student housing and roommates or professor. 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 (owner unit only)to utilize as a home office, storage space, workout space. The primary "owner-unit"
unit has been updated (photos shown). The "tenant-unit" is in rental condition w/ long-term renter on a mo-to-mo lease.
This duplex has it all, boasting 6 beds, 2 baths, and a total of 2,257 square feet. W/D hookups in both units. Enjoy city
living with the convenience of a single-car garage offering ample storage space. "Owner Unit" has a 1 car garage and
"tenant unit" has a carport. Don't miss the opportunity to make this exceptional investment yours today! Owner has a
second exact duplex unit available (minus one side updated for "owner" that is fully rented) if you are interested in completing your rental portfolio with a 4-plex. Ask listing agent for more details. ********************************** The multi-unit rental property strategy: With rent prices soaring, now would be a great time to become a real estate investor — if it weren’t for all the upfront cash needed to buy an investment property. BUT WAIT......there's a way around this hurdle: You could buy a multifamily property, move into one of the units, and earn passive income by collecting rent on the other units. By living in one of the units, you’d be meeting the owner-occupancy rule for your mortgage. That means getting a lower mortgage rate compared to a loan for commercial properties. This strategy won’t finance an entire apartment complex or a mixed-use development. It will,
however, work for a 2-, 3-, or 4-unit property....
Contact an agent
Home facts
- Year built:1958
- Listing ID #:5112535
Rooms and interior
- Bedrooms:6
- Total bathrooms:2
- Flooring:Carpet, Linoleum, Wood
- Basement:Yes
- Basement Description:Partial, Unfinished
- Living area:2,257 sq. ft.
Heating and cooling
- Heating:Forced Air, Hot Water
Structure and exterior
- Roof:Composition
- Year built:1958
- Building area:2,257 sq. ft.
- Lot area:0.15 Acres
- Lot Features:Level
- Architectural Style:Traditional
- Construction Materials:Brick
- Exterior Features:Deck
- Levels:1 Story
Schools
- High school:Thomas Jefferson
- Middle school:Merrill
- Elementary school:University Park
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$332.3
- Tax amount:$3,688 (2024)
Features and amenities
- Laundry features:In Unit
Parking
- Total parking spaces:2
- Parking description:1 Carport Space(s)
- Garage:Yes
- Garage spaces:1
- Carport spaces:1
New listings near 4585/4587 E Yale Avenue
- New
$380,000Active3 beds 3 baths1,526 sq. ft.5777 N Danube Street, Denver, CO 80249
MLS# 2987657Listed by: FOXTROT REALTY - Coming Soon
$479,000Coming Soon3 beds 3 baths19762 E 49th Avenue, Denver, CO 80249
MLS# 6691535Listed by: REALTY ONE GROUP FIVE STAR COLORADO - New
$439,000Active4 beds 2 baths1,265 sq. ft.2840 W Park Place, Denver, CO 80219
MLS# 9320270Listed by: WORLD CROWN REAL ESTATE - New
$500,000Active3 beds 2 baths2,100 sq. ft.6910 Ruth Way, Denver, CO 80221
MLS# 6328948Listed by: KELLER WILLIAMS REALTY URBAN ELITE - New
$390,000Active2 beds 2 baths1,698 sq. ft.7373 E Iowa Avenue #1085, Denver, CO 80231
MLS# 7508729Listed by: COMPASS - DENVER - Open Sun, 2 to 4pmNew
$2,695,000Active5 beds 5 baths5,142 sq. ft.1060 S Garfield Street, Denver, CO 80209
MLS# IR1057496Listed by: MILEHIMODERN - BOULDER - Open Sat, 12am to 2pmNew
$1,700,000Active6 beds 5 baths6,399 sq. ft.1686 S Willow Court, Denver, CO 80231
MLS# 5016607Listed by: HOMESMART REALTY - New
$1,050,000Active4 beds 3 baths3,436 sq. ft.5451 Conley Way, Denver, CO 80222
MLS# 5762215Listed by: GOOD NEIGHBOR LLC - New
$599,900Active3 beds 2 baths1,674 sq. ft.3511 Newport Street, Denver, CO 80207
MLS# 6093202Listed by: RE/MAX OF CHERRY CREEK - Coming Soon
$1,074,900Coming Soon6 beds 4 baths5049 Liverpool Street, Denver, CO 80249
MLS# 6174932Listed by: RE/MAX PROFESSIONALS