$675,000
10-Bedroom Duplex * Two 5-Bed Residences * Fully Leased * Income Producing * E-TU-B Zoning * Central Denver
Positioned near major employment centers, event venues, and downtown access, this centrally located duplex offers two separate 5-bedroom residences (10 bedrooms total) designed for shared living configurations. The layout supports multiple private bedrooms paired with common living, kitchen, and dining areas suited for everyday functionality.
The property offers approximately 3,134 sq ft of combined living space across both residences. The high-bedroom configuration provides scale rarely found in two-unit residential properties.
Both residences are currently leased, providing in-place income of $5,095 per month ($61,140 annually). One residence is leased at $3,000/month with documented payment history. The second lease began February 6 at $2,095/month.
Zoned E-TU-B (Urban Edge - Two Unit), the property allows residential flexibility subject to buyer verification of permitted uses and approvals. The 10-bedroom layout supports multiple residential rental strategies depending on buyer objectives and local regulations.
The surrounding area provides convenient access to downtown Denver, major commuter routes, employment districts, dining areas, and event venues that contribute to ongoing housing demand in the central Denver market.
Seller-provided figures indicate an estimated 9.06% gross cap rate based on current rents and a $675,000 purchase price. A potential stabilization scenario referencing Housing Authority payment standards indicates projected rents up to $8,630 per month ($103,560 annually). All income figures, projections, zoning allowances, and operating assumptions are subject to buyer verification.
NEARBY AMENITIES
* ~0.6 mi - National Western Complex
* ~1.2 mi - RiNo Art District
* ~1.5 mi - Mission Ballroom
* ~1.8 mi - Downtown Denver
* ~2.0 mi - Coors Field
* ~2.2 mi - Union Station
5
Beds
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2
Baths
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7155437
MLS
⋅
ACTIVE
Status
4665 Gaylord St, Denver
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