Denver, CO 80219 566 S Patton Court # 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

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 Court # 568

Bedrooms

Total Bedrooms4

Bathrooms

Total Baths2

Other Interior Features

Above Grade Finished Area1871
Basement (Y/N)No
FlooringLaminate, Tile, Wood
Laundry FeaturesIn Unit

General for 566 S Patton Court # 568

AppliancesDisposal, Gas Water Heater, Microwave, Oven, Refrigerator
Attached Garage No
Cap Rate5.48
Carport Spaces
CityDenver
Construction MaterialsFrame
CoolingEvaporative Cooling
CountyDenver
Electric110V, 220 Volts
Elementary SchoolMunroe
Elementary School DistrictDenver 1
ExclusionsSeller's/Tenant's Personal Property
Exterior FeaturesPrivate Yard
Garage Spaces
Gross Income52000
HOANo
HeatingForced Air, Natural Gas
High SchoolWest
High School DistrictDenver 1
Home Warranty Y/NNo
Interior FeaturesCeiling Fan(s), No Stairs
LevelsOne
Lot Size Square Feet5662.8
Lot Size UnitsAcres
Middle/Junior High SchoolKepner
Middle/Junior School DistrictDenver 1
Occupancy TypeTenant
Operating Expense12470
OwnerPaysInsurance, Taxes, Trash Collection
Patio/Porch FeaturesPatio
Percent OwnershipIndividual
PossessionClosing/DOD
Property SubTypeDuplex
Property TypeResidential Income
RoofComposition
Security FeaturesCarbon Monoxide Detector(s), Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameWestlawn
Tax Annual Amount2721
Tax Year2023
Tenant PaysCable TV, Electricity, Gas, Internet, Telephone, Water
TermsCash, Conventional, FHA, VA Loan
Unit Number568
UtilitiesElectricity Connected, Internet Access (Wired), Natural Gas Connected, Phone Available
Virtual TourClick here
Year Built1962
ZoningE-TU-C

Exterior for 566 S Patton Court # 568

Building Area Total1871
FencingFull
Foundation DetailsConcrete Perimeter
Lot FeaturesLevel
Lot Size Acres0.13
Lot Size Area0.13
Road ResponsibilityPublic Maintained Road
Total Parking4
Water SourcePublic

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 Multi-Family
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