111 South Perry Street was built in 1953 and is currently registered as an up/down duplex. Located in Barnum neighborhood this duplex features a 1BD/1BA garden level unit currently occupied at $1,200/month, as well as a 2BD/1BA main floor unit which is currently leased at $1,400/month. The garden level unit is on a month to month lease and provides a great opportunity for Buyers looking to live in one unit and rent out the other, or for an investor looking for strong cash flow in an improving submarket. The garage, located in the back of the property, rents for $200/month, and the workshop, next to the garage, rents for $75/month. The owner also receives $50/month/unit for water/sewer/trash reimbursement from the top unit and $100/month from the garden level unit.
The property has been meticulously maintained and improved over the years. Tastefully landscaped with lighting and sprinkler system. Endless hot water 55-gallon tank supplied with electric on-demand heater. The roof, which was recently replaced, is an Impact-resistant Owens Duration Storm roof system. Garage features 220V electrical outlets and lighting. The workshop has natural gas, 220V electric outlets, and a workbench. The superior fence has cement-filled posts, rebar footer, steel gates with dog viewing windows.
The expenses are PROFORMA and have not been verified by Broker and delivered to reflect the market condition. Taxes are based on Denver County Information
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Listing information last updated on July 14th, 2020 at 4:33pm MDT.