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$659,000
15 Days On Site

5475 Primrose Lane
Denver, CO 80221

For Sale|Duplex|Active
5
Beds
0
Full Baths
0
Partial Baths
1,996
SqFt
$330
/SqFt
1952
Built
Subdivision:
Chaffee Park
County:
Adams

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303-818-4970
5475 Primrose Lane5475 Primrose Lane5475 Primrose Lane5475 Primrose Lane
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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

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Listing Snapshot
Price 
$659,000
Days On Site 
15 Days
Bedrooms 
5
Inside Area (SqFt) 
1,996 sqft
Total Baths 
3
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.36 Acres
Year Built 
1952
MLS® Number 
6549159
Status 
Active
Property Tax 
$3,828
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Public Records
Friends & Family
Recent Activity
a week agoListing updated with changes from the MLS®
a week agoStatus changed to Active
2 weeks agoListing first seen on site
General Features
Acres 
0.36
Attached Garage 
Yes
Direction Faces 
South
Garage 
Yes
Garage Spaces 
2
Parking 
ConcreteAttached
Parking Spaces 
2
Pets 
Cats OKDogs OK
Property Sub Type 
Duplex
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Above 
1096
SqFt Below 
900
SqFt Total 
2192
Stories 
Two
Water Source 
Public
Zoning 
R-2
Interior Features
Appliances 
DishwasherDisposalDryerMicrowaveOvenRefrigeratorWasher
Basement 
Finished
Cooling 
Central Air
Flooring 
CarpetVinyl
Heating 
Forced Air
Laundry Features 
In Unit
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Exterior Features
Construction Details 
Frame
Exterior 
LightingPrivate Yard
Fencing 
Partial
Lot Features 
Many TreesNear Public Transit
Patio And Porch 
Front Porch
Roof 
Composition
Community Features
Financing Terms Available 
1031 ExchangeCashConventionalFHAVA Loan
School District 
Westminster Public Schools
Schools
School District
Westminster Public Schools
Elementary School
Hodgkins
Middle School
Josephine Hodgkins Leadership Academy
High School
Westminster
Listing courtesy of Keyrenter Property Management Denver [email protected]



The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO real estate listings held by brokers other than Keyrenter Property Management Denver are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

Neighborhood & Commute
Source: Walkscore
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