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Jennifer Berg

jennifermberg@icloud.com +1(720) 272-1171

$699,999

Est. payment - /mo

5 Beds

3 Baths

1,876 SqFt

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,876 sqft

Price per Sqft $373

Subdivision Sun Valley

MLS Listing ID 6820473

Style Cottage

Bedrooms 5

HOA Y/N No

Year Built 1952

Lot Size 9,370 Sqft

Acres 0.22

Property Sub-Type Duplex

Property Description

Rare opportunity to own two separate residences on a spacious 9,370 SF lot in a fantastic location overlooking the park with beautiful mountain views! This unique property offers exceptional flexibility for an owner-occupant, multigenerational living, or investor.

The main residence is a 3-bedroom, 2-bath single-family home that is currently vacant and ready for its new owner. Previously rented for $2,600/month, it features beautiful hardwood floors, an updated kitchen, generous living space, a two-car garage, covered patio and private fenced backyard. Large windows provide abundant natural light and take advantage of the property's open park setting.

The separate 1-bedroom, 1-bath home is currently rented for $1,450/month, providing immediate rental income. Live in the vacant main house while collecting rent from the second residence to help offset your monthly mortgage payment, or rent both homes for potential combined gross rental income of approximately $4,050/month ($48,600 annually).

Both residences have separate fenced backyards, providing privacy and usable outdoor space. The property also features a well and sits on an approximately 9,370 SF lot with beautiful views across the park toward the mountains.

Conveniently located near baseball fields and Lollipop Lake, this property combines location, outdoor space and income potential in a configuration that is difficult to find. Two residences, a large lot, garage parking, existing rental income, park frontage and mountain views make 1040 S Kearney a truly unique opportunity.

Location

State CO

County Denver

Zoning S-SU-D

Rooms

Basement Crawl Space

Interior

Interior Features Granite Counters

Heating Forced Air

Cooling Central Air

Flooring Carpet, Tile, Wood

Appliance Dishwasher, Dryer, Freezer, Gas Water Heater, Microwave, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Garden, Private Yard

Garage Spaces 2.0

Fence Full

Utilities Available Electricity Connected, Natural Gas Connected

Waterfront Description Public,Well

Roof Type Composition

Porch Front Porch

Private Pool No

Building

Lot Description Landscaped, Level, Sprinklers In Front

Story One

Sewer Public Sewer

Water Public, Well

Architectural Style Cottage

Schools

School District Elementary: Denver 1, Middle/Junior: Denver 1, High: Denver 1

Others

Senior Community No

Tax ID 6173-13-012

Special Listing Condition None Known

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Listed byMcguire Realty

Schools and Properties Nearby

I'm Jennifer Berg, a Colorado Real Estate Broker with over 18 years guiding buyers in the Denver Metro area. Whether you are a first-time home buyer or seasoned investor, I'll dedicate myself to building a working relationship to make the process smooth and enjoyable.

I am Vice Chair at South Metro Denver REALTOR Association Young Professionals Network. Staying involved with other professionals in the industry allows me to keep current on market trends and connect you with my network of sellers.

+1(720) 272-1171

jennifermberg@icloud.com

Learn more about this property

1040 S Kearney ST Denver, CO 80224