1435 Eaton St, Denver, CO 80214

$475,000
5
BD
3
BA
2,320
SqFt

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$475,000
Status
ACTIVE
MLS#
8493041
Price Change
▼ $25,000 1790911209
Year Built
1939
Bedrooms
5
Bathrooms
3
Living Area
2,320
Region
Metro Denver
Subdivision
West Colfax

Property Description

What if your guests paid your mortgage? The lower level of this home has its own private entrance, and Airbnb comps say it grosses $4,200 a month. Every month you rent, you pay someone else's mortgage, get your own home for what could be free! Six nearby 2-bedroom Airbnb shows that this lower level could MAKE YOU about $50,432 a year. Mortgage payment is roughly $3,900. Airbnb income potential income is $4,202.75 a month, you could make $302.75 a month and live for FREE! On paper, the downstairs covers the payment while you live upstairs. That is living for free in Lakewood. Read that again. Most buyers stretch for a payment and hope their raise keeps up. Here, the payment has its own income stream built in. It works because the house is already set up like a duplex: two full kitchens, two laundry rooms, two separate entrances. No conversion, no permits, no waiting. The lower level has already rented long-term at $2,000 a month, so even the backup plan cuts your payment roughly in half. You live upstairs in three bedrooms and a full bath, real everyday space, not a floor plan bent around a rental. Lower Level Guests get two bedrooms, a two full baths, and their own kitchen behind a private entrance downstairs. The two halves never cross paths. HUGE two-car garage in the back yard, PLUS a carport keeps your cars and your guests' cars off the street. 9.5 acre Mountair Park 250 fee away, and Downtown Denver just up the street, perfect for a Airbnb or Mother law suit. Solid, maintained home with a newer roof and original character intact. Airbnb it. House hack it. Rent it long-term. Or give your mother in law or teenager family their own front door. Want options? This home is it. Lakewood permits short-term rentals in the owner's primary residence with a city license; see MLS supplements. Book your showing this week and let your guests pay for your home, and have HUGE garage to store all the toys you can buy with all the extra $$.

Additional Information

Taxes
$2,982
School District
Jefferson Dist R-1
Elementary School
Lumberg
Middle School
Jefferson
High School
Jefferson
Heating
Forced Air
Cooling
Central Air, Ceiling Fan(s)
Utilities
Electricity Available, Cable Available
Garage Spaces
2

Listing courtesy of Chris Curry.

720-759-5959

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listings courtesy of Information and Real Estate Services, LLC as distributed by MLS GRID.


Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker of MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some listings have been excluded from this website.