40 S Garrison St, Denver, CO 80226

$789,000
8
BD
4
BA
3,982
SqFt

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List Price
$789,000
Status
ACTIVE
MLS#
2168618
Year Built
1968
Bedrooms
8
Bathrooms
4
Living Area
3,982
Region
Metro Denver
Subdivision
none

Property Description

Bring your offer! **Appraised at $820,000** Great Lakewood income producing duplex for a handy investor. 40 S Garrison is the larger side, 5 bedrooms and 2 baths (the 5th is non conforming) with an attached 2 car garage. 50 S Garrison has 3 bedrooms and 2 baths with its own 1 car garage. Each unit gets its own private yard and covered patio, plus there's plenty of extra parking out front for tenants or guests. Each side has its own mailing address. Gas and electric are separately metered for each unit. Water is shared. The roof was done in 2017 and both furnaces were replaced in 2021, so the big ticket items are already handled while you focus your sweat equity where it counts. This one's set up well for a house hack too. Fix up and move into one side, rent out the other, and let your tenant help cover the mortgage while you build equity.

Additional Information

Taxes
$4,661
Style
Cottage, Fixer-Handyman Special
School District
Jefferson Dist R-1
Elementary School
South Lakewood
Middle School
Creighton
High School
Lakewood
Heating
Forced Air
Cooling
Evaporative Cooling
Utilities
Electricity Available, Cable Available, Separate Meters, Separate Meters
Garage Spaces
3
Tenant Pays
Gas, Electricity

Mortgage Calculator

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

Listing courtesy of Brandon Svitak.

brandon.svitak@madisonprops.com

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