4665 Gaylord Street, Denver, CO 80216
Local realty services provided by:ERA Teamwork Realty
4665 Gaylord Street,Denver, CO 80216
$675,000
- 5 Beds
- 2 Baths
- 3,134 sq. ft.
- Multi-family
- Active
Listed by: allen walshallen@houseofwalsh.com,303-601-2222
Office: real broker, llc. dba real
MLS#:7155437
Source:ML
Price summary
- Price:$675,000
- Price per sq. ft.:$215.38
About this home
High-yield duplex investment with rare two 5-bedroom rental units and exceptional cash-flow potential in Denver. This side-by-side modular duplex delivers immediate income, built-in upside, and long-term stability in a high-demand rental corridor dominated by multifamily housing. One unit is currently leased at $3,000 per month with verified long-term payment history. The second unit was previously leased at $2,195 per month and has just been refreshed with new flooring and interior paint, making it move-in ready for immediate lease-up.
At full stabilization, projected gross income reaches approximately $72,000 per year, delivering a 10.67% gross cap rate at the $675,000 list price. Current mixed-rent income already totals $62,340 annually with instant upside available upon leasing the vacant unit. 2025 property taxes are only $1,975.28, helping maximize long-term yield. The current owner’s total monthly payment of $3,782.96 including taxes and insurance is from a loan originated within the past year and is provided for reference only. Buyer financing and payments will vary.
One unit is presently occupied by a long-term Housing Authority tenant, providing government-backed income stability with proven performance. The second unit offers the opportunity for either traditional market rent or full Housing Authority placement for optimized yield. Pro forma with both scenarios is available in MLS supplements.
Located in a high-density rental corridor dominated by duplex, triplex, and quadplex income properties, this asset benefits from consistent tenant demand and long-term rental performance. Zoning is E-TU-B (Urban Edge) offering future redevelopment and value-add flexibility. This is an ideal opportunity for DSCR investors, cash-flow buyers, and portfolio builders seeking strong returns today with multiple exit strategies tomorrow. Turnkey income with serious upside.
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Home facts
- Year built:2000
- Listing ID #:7155437
Rooms and interior
- Bedrooms:5
- Total bathrooms:2
- Living area:3,134 sq. ft.
Heating and cooling
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:2000
- Building area:3,134 sq. ft.
- Lot area:0.14 Acres
Schools
- High school:Manual
- Middle school:Bruce Randolph
- Elementary school:Swansea
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$675,000
- Price per sq. ft.:$215.38
- Tax amount:$1,975 (2024)
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