Denver, CO 80219 566 S Patton Ct 568

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Presented By: HomeSmart; 303-349-6677
  • MLS# 5533163
  • 09/19/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 4
  • Baths • 2
  • SQFT • 1,871
  • Garage • 4

Home Details

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.
Presented By: HomeSmart; 303-349-6677

Interior Features for 566 S Patton Ct 568

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

LivingAreaSourceAssessor
Above Grade Finished Area1871
Air Conditioning Y/NYes
Fireplace Y/NNo
Heating Y/NYes

General for 566 S Patton Ct 568

AccessibilityLevel Lot, No Stairs
AppliancesRefrigerator, Microwave, Disposal
Architectural StyleRanch
Attached Garage No
Cap Rate5.48
CityDenver
Construction MaterialsWood/Frame, Concrete
CoolingEvaporative Cooling, Ceiling Fan(s)
CountyDenver
Days on Market1
ElectricElectric
Elementary SchoolMunroe
ExclusionsSeller's/Tenant's Personal Property
Garage Spaces4
Garage Y/NYes
Gas Y/NNatural Gas
Gross Income52000
HeatingForced Air
High SchoolWest
High School DistrictDenver 1
Home Owner AssocNo
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size Square Feet5663
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolKepner
Net Operating Income39730
New ConstructionNo
NumberOfUnitsTotal2
Operating Expense12470
Patio/Porch FeaturesPatio
Property ConditionNot New, Previously Owned
Property SubTypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeDuplex
Subdivision NameWestlawn
Tax Annual Amount2721
Tax Year2023
Tenant PaysGas, Electricity, Water
Unit Number568
UtilitiesNatural Gas Available, Electricity Available
Virtual TourClick here
Waterfront Y/NNo
Year Built1962
ZoningE-TU-C

Exterior for 566 S Patton Ct 568

Building Area Total1871
Covered Spaces4
FencingFenced
Horse Y/NNo
Lot FeaturesLevel
Lot Size Acres0.13
Lot Size Area5663
Other ParkingParking Per Unit(2 Spaces/Unit)
SpaNo
Water SourceCity Water

Additional Details

Price History

Schools

High School West High School
Elementary School Munroe Elementary School
Middle School Kepner Middle School

Worth Clark

Price $724,900
MLS#5533163
List Date 09/19/2024
Property Type Income
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