UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,134 sqft
Price per Sqft $215
Subdivision Swansea
MLS Listing ID 7155437
Bedrooms 5
HOA Y/N No
Abv Grd Liv Area 1,567
Year Built 2000
Annual Tax Amount $1,975
Tax Year 2024
Lot Size 6,003 Sqft
Acres 0.14
Property Sub-Type Duplex
Source recolorado
Property Description
• Two 5-bed units
• Fully leased
• In-place income with upside
• Suitable for DSCR or 1031 strategies
Income-producing Denver duplex with two oversized 5-bedroom units (10 bedrooms total) and approx. 3,134 sq ft of total living area. Both units are now leased, providing immediate stabilized income. One unit is leased at $3,000/month with documented payment history. The second unit is leased to a non–Section 8 tenant at $2,095/month, with lease commencement February 6.
Seller-provided pro forma reflects current in-place rents totaling $5,095/month ($61,140 annually), representing an estimated 9.06% gross cap rate at a $675,000 purchase price. A full stabilization scenario based on updated Housing Authority payment standards supports total rents of $8,630/month ($103,560 annually), or an estimated 15.34% gross cap rate.
Buyer to independently verify all income, rent projections, and operating assumptions. 2025 property taxes are approximately $1,975.28. Seller reports a recent total monthly payment (PITI) of approximately $3,782.96; buyer financing, terms, and expenses will vary.
Zoning is E-TU-B (Urban Edge), offering flexibility for long-term hold or alternative income strategies, subject to buyer verification of use. Property is positioned in an established rental corridor with access to major employment centers, transit routes, and central Denver amenities. Suitable for investors seeking current cash flow with documented upside potential.
NEARBY AMENITIES
• ~0.6 mi to National Western Complex
• ~1.2 mi to RiNo Art District
• ~1.5 mi to Mission Ballroom
• ~1.8 mi to Downtown Denver
• Quick access to I-70 and I-25 corridors
Location
State CO
County Denver
Zoning E-TU-B
Rooms
Basement Finished
Interior
Heating Forced Air
Cooling None
Flooring Vinyl
Fireplace N
Laundry In Unit
Exterior
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Level
Sewer Public Sewer
Level or Stories Two
Structure Type Frame,Wood Siding
Schools
Elementary Schools Swansea
Middle Schools Bruce Randolph
High Schools Manual
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition None
Virtual Tour https://www.cribflyer.com/4665-gaylord-street
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
"Many agents say they put their client’s needs first, but the Watson Realty Group are on a mission to actually do it by providing their clients several GUARANTEE programs that take the risk out of selling or buying a home. We are passionate about providing these guarantees, and at the same time making each of our clients feel as though they are our only client. We Live Here, We Work Here and We are Here to Serve You! "
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