5475 Primrose Lane

Denver, CO 80221 — Adams County — Chaffee Park Neighborhood

Duplex  $659,000  Active  Listing# 6549159  

5 beds    3 baths    2192.00 sqft    Lot size: 15681.60 sqft    0.36 acres    1952 build   

 



  Showing Request        
Updated: 02-28-2025 03:04am

  Property Description

Welcome to this fantastic investment opportunity offering exceptional income potential. This property features 2 units, ensuring a steady cash flow from day one. Whether you're an investor or looking to start a new venture, the possibilities are endless. Recent upgrades in the above unit have enhanced the property's value, and there's still room for further improvement, allowing you to maximize your return on investment. With convenient access to DIA, Regis College, public transportation, it's perfectly positioned for tenants and future growth. The upstairs unit boasts modern elegance with this fully remodeled 3 bedroom, 2 bathroom that perfectly blends style and functionality. The open-concept living space boasts new flooring, fresh paint, and abundant natural light. A sleek, upgraded kitchen features quartz countertops, stainless steel appliances, custom cabinetry, making it a chef’s dream. The convenient washer/dryer, direct access to the 2 car garage, is an ideal setup for a buyer looking to live comfortably while generating income by renting out the basement unit. The basement unit offers immediate income potential with reliable tenants already in place until May 2025. Providing an excellent opportunity for a long-term rental income. The basement unit remains in its original condition, as its consistent occupancy has made access challenging. Out of respect for the tenants and their comfort, updates have been deferred, providing an excellent opportunity for the next owner to add their personal touch when the timing is right. The backyard is a blank canvas brimming with potential. BONUS-This spacious lot provides potential for expansion/development, making it ideal for future projects. With current zoning, there’s even the possibility of splitting the lot to maximize its potential! Don’t miss out on this rare opportunity to own a property with built-in revenue streams and long-term growth potential! PLEASE DO NOT GO IN THE BACKYARD OR DISTURB THE BASEMENT TENANTS

  Listing Details

Property Type 
Duplex
Listing# 
6549159
Source 
REcolorado (Denver)
Last Updated 
02-28-2025 03:04am
Status 
Active
Off Market Date 
11-30--0001 12:00am

  Property Details

Property Subtype 
Duplex
Sold Price 
$659,000
Original Price 
$659,000
Location 
Denver, CO 80221
SqFT 
2192.00
Year Built 
1952
Acres 
0.36
Bedrooms 
5
Bathrooms 
3
Levels 
Two

  Map

  Property Level and Sizes

SqFt Lot 
15681.60
Lot Size 
0.36
Basement 
Finished
Common Walls 
No One Above

  Financial Details

Previous Year Tax 
3828.00
Year Tax 
2023
Primary HOA Fees 
0.00

  Interior Details

Appliances  
Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Laundry Features  
In Unit
Electric  
Central Air
Flooring  
Carpet, Vinyl
Cooling  
Central Air
Heating  
Forced Air

  Exterior Details

Features  
Lighting, Private Yard
Water  
Public
Sewer  
Public Sewer

  Garage & Parking

Parking Features  
Concrete

  Exterior Construction

Roof  
Composition
Construction Materials  
Frame
Exterior Features  
Lighting, Private Yard
Security Features  
Carbon Monoxide Detector(s), Smoke Detector(s)
Builder Source 
Public Records

  Land Details

PPA 
0.00
Road Responsibility 
Public Maintained Road
Sewer Fee 
0.00

  Schools

Elementary School 
Hodgkins
Middle School 
Josephine Hodgkins Leadership Academy
High School 
Westminster

  Walk Score®


 

  Listing Media

Virtual Tour 
  Click here to watch tour


  Contact Agent

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