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Updated over 7 years ago on . Most recent reply

single family split property in Denver
Looking for opinions
Single family house located in NW Denver divided into 2 units. Currently vacant
Basement unit 3 bed/1bath Potential income 1500/month
upstairs unit 3 bed/1 bath Potential income 1600/month
Purchase Price: $339,000.00
Estimated Repairs: $5,000.00
Down Payment: $67,800.00
Property is in move in condition
Most Popular Reply

@Dustin Frank does the zoning allow for two units? If it's in Denver proper, I seriously doubt it unless the lot is less than 50 ft wide. I sold a duplex lot for $350,000 several years ago so that tells me it's either a legal non-conforming use, an illegal use or outside of the City limits of Denver. My guess at that price point it's an illegal use or is outside of the Denver city limits. Care to elaborate?