5 Beds
2 Baths
3,134 SqFt
5 Beds
2 Baths
3,134 SqFt
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,134 sqft
Subdivision Swansea
MLS Listing ID IRE7155437
Bedrooms 5
HOA Y/N No
Year Built 2000
Annual Tax Amount $1,975
Tax Year 2024
Lot Size 6,098 Sqft
Acres 0.14
Property Sub-Type Duplex
Source ires
Property Description
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
Location
State CO
County Denver
Community Swansea
Area Metro Denver
Zoning E-TU-B
Rooms
Basement Partially Finished
Interior
Heating Forced Air
Exterior
Parking Features Off Street
Garage Spaces 4.0
Utilities Available Separate Meter Electricity, Separate Meter Gas
View Y/N No
Roof Type Composition
Garage Yes
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Two
Structure Type Frame,Wood Siding
New Construction false
Schools
Elementary Schools Swansea
Middle Schools Bruce Randolph
High Schools Denver District 1
School District Denver District 1
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Private Owner
Virtual Tour https://www.cribflyer.com/4665-gaylord-street
