Denver, CO 80212 5240 Stuart Street

Pending
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Presented By: REAL; 303-881-0062
  • MLS# 5558402
  • 10/03/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 2,448

Home Details

Welcome to 5240 Stuart Street, a versatile two-story home with an additional single-story ADU, located just outside the Denver city limits in unincorporated Adams County. This unique property currently operates as two successful short-term rentals and offers the flexibility to be rented as two separate units or one house. These units are professionally managed, have a monthly positive net income, with an average 86% occupancy rate. The P&L and Occupancy History report is available upon request. This property comes fully furnished! The main home features 3 bedrooms, 2.5 baths, a spacious kitchen, living room, and its own laundry room. The attached ADU provides an additional 2 bedrooms, 1 bath, its own kitchen, living room, and laundry, making it ideal for multi-generational living, rental income, or guest accommodations. Inside, you'll find beautiful wood- like laminate, tile, and carpet throughout, offering both style and comfort. Step outside to enjoy the lush backyard, complete with green grass (sprinkler system installed) and a built-in fire pit on the patio—perfect for relaxing or entertaining. With no HOA, this property offers endless possibilities. Perfectly situated for easy access near Regis University and Denver city amenities while located near I-70 to quickly go East to the airport or West to the mountains! Check it out on https://airbnb.com/h/stuartplaceaspen https://airbnb.com/h/stuartplacepines https://airbnb.com/h/stuarthome *** Preferred lender providing a 1.75% lender credit (based on loan amount) to be used towards closings costs and prepaid items or buy down interest rates! Primary, Secondary and Investment loan eligible, no income limits – Conditions apply. Estimated savings of up to $16,000!
Presented By: REAL; 303-881-0062

Interior Features for 5240 Stuart Street

Bedrooms

Total Bedrooms5

Bathrooms

Total Baths3

Other Interior Features

Above Grade Finished Area2448
Basement (Y/N)No
FlooringCarpet, Laminate
Laundry FeaturesIn Unit

General for 5240 Stuart Street

AppliancesDishwasher, Dryer, Electric Water Heater, Microwave, Oven, Range, Refrigerator, Washer
Attached Garage No
Cap Rate7.46
Carport Spaces
CityDenver
Construction MaterialsFrame, Vinyl Siding
ContingencyNone Known
CoolingCentral Air
CountyAdams
Elementary SchoolTennyson Knolls
Elementary School DistrictWestminster Public Schools
ExclusionsNone
Garage Spaces
Gross Income111284
HOANo
HeatingForced Air
High SchoolWestminster
High School DistrictWestminster Public Schools
Home Warranty Y/NYes
LevelsTwo
Lot Size Square Feet6098
Lot Size UnitsSquare Feet
Middle/Junior High SchoolTennyson Knolls
Middle/Junior School DistrictWestminster Public Schools
Occupancy TypeTenant
Operating Expense46854
OwnerPaysCable TV, Electricity, Exterior Maintenance, Gas, Grounds Care, Insurance, Internet, Taxes, Trash Collection, Water
Percent OwnershipIndividual
PossessionImmediate, Rental Agreement, Subject To Tenant Rights
Property SubTypeDuplex
Property TypeResidential Income
RoofOther
Security FeaturesCarbon Monoxide Detector(s), Smart Locks, Smoke Detector(s)
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusPending
StatusPending
Structure TypeDuplex
Subdivision NameBerkeley Gardens
Tax Annual Amount5343
Tax Year2023
TermsCash, Conventional, FHA, VA Loan
UtilitiesElectricity Available, Electricity Connected, Internet Access (Wired), Natural Gas Available
Virtual TourClick here
Year Built1927
ZoningR-2

Exterior for 5240 Stuart Street

Building Area Total2448
FencingPartial
Foundation DetailsSlab
Lot FeaturesLandscaped, Level, Sprinklers In Front, Sprinklers In Rear
Lot Size Acres0.14
Lot Size Area6098
Parking FeaturesConcrete, Exterior Access Door, Guest, Oversized
Road ResponsibilityPublic Maintained Road
Total Parking5
Water SourcePublic

Additional Details

Price History

Schools

High School Westminster High School
Elementary School Tennyson Knolls Elementary School
Middle School Tennyson Knolls Middle School

Worth Clark

Price $900,000
MLS#5558402
List Date 10/03/2024
Property Type Pending
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