566 S Patton Ct #568 Active

Denver,CO 80219

$ 724900

4 Beds

2 Baths

1871 SqFt


Key Details

Property Type Single Family Home

Sub Type Income Property

Listing Status Active

Purchase Type For Sale

Square Footage 1,871 sqft

Price per Sqft $387

Subdivision Westlawn

MLS Listing ID 5533163

Style Ranch

Bedrooms 4

HOA Y/N false

Abv Grd Liv Area 1,871

Originating Board REcolorado

Year Built 1962

Annual Tax Amount $2,721

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Investment Opportunity in Denver's Westwood Neighborhood

Introducing a duplex located in the Westfield subdivision on Denver's west side-an excellent opportunity for investors or those seeking versatile living arrangements.

Unit 1: Practical Living

This unit features a welcoming living area with natural wood floors and ample natural light streaming through two large windows. The space includes a ceiling fan for added comfort. The two bedrooms are well-sized, each equipped with ceiling fans. A full bathroom serves the unit, and the kitchen offers plenty of cabinet space for storage. Enjoy private access to a fenced back patio, ideal for outdoor relaxation.

Unit 2: Spacious and Updated

The larger unit offers four bedrooms, including two with raised ceilings that enhance the sense of space. One non-conforming bedroom features skylights, and another includes an exposed wood beam with a ceiling fan. The kitchen has been updated with stainless steel appliances, modern grey cabinets, and contemporary lighting. A cozy reading nook in one bedroom is set within a bay window, accented by a wooden beam.

Private Outdoor Spaces

Each unit has its own exclusive outdoor area. The first unit has a fenced back patio, while the second unit features a fenced-in backyard, providing private outdoor spaces for both units.

Investment Potential

This duplex presents a solid investment opportunity with flexible living options. Consider "house hacking" by living in one unit while renting out the other to help offset mortgage payments and reduce living expenses. Alternatively, rent out both units as a stand-alone investment to take advantage of an above-average cap rate, helping you recoup your costs more quickly. The property's desirable location in the Westwood neighborhood enhances its appeal to potential tenants, ensuring a steady income stream.

Location

State CO

County Denver

Area Metro Denver

Zoning E-TU-C

Interior

Heating Forced Air

Cooling Evaporative Cooling,Ceiling Fan(s)

Appliance Refrigerator,Microwave,Disposal

Exterior

Garage Spaces 4.0

Fence Fenced

Utilities Available Natural Gas Available,Electricity Available

Waterfront false

Roof Type Composition

Handicap Access Level Lot,No Stairs

Porch Patio

Building

Lot Description Level

Story 1

Sewer City Sewer,Public Sewer

Water City Water

Level or Stories One

Structure Type Wood/Frame,Concrete

New Construction false

Schools

Elementary Schools Munroe

Middle Schools Kepner

High Schools West

School District Denver 1

Others

Senior Community false

SqFt Source Assessor

Special Listing Condition Private Owner

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