5475 Primrose Lane
Denver, CO 80221
- 5 beds
- 3 baths
- 1,996 sqft
- 15,681 sqft lot
- $310 per sqft
- 1952 build
- – on site
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QUALIFIES FOR DSCR AND AIRBNB LOAN! Welcome to this CASH FLOW up-down duplex! This property features 2 units, ensuring a steady cash flow from day one. Whether you're an investor or looking to start a new venture, the possibilities are endless. Recent upgrades in the above unit have enhanced the property's value, and there's still room for further improvement, allowing you to maximize your return on investment. With convenient access to DIA, Regis College, public transportation, it's perfectly positioned for tenants and future growth. The upstairs unit boasts modern elegance with this fully remodeled 3 bedroom, 2 bathroom that perfectly blends style and functionality. The open-concept living space boasts new flooring, fresh paint, and abundant natural light. A sleek, upgraded kitchen features quartz countertops, stainless steel appliances, custom cabinetry, making it a chef’s dream. The convenient washer/dryer, direct access to the 2 car garage, is an ideal setup for a buyer looking to live comfortably while generating income by renting out the basement unit. The basement unit offers immediate income potential with reliable tenants already in place until May 2025. Providing an excellent opportunity for a long-term rental income. The basement unit remains in its original condition, as its consistent occupancy has made access challenging. Out of respect for the tenants and their comfort, updates have been deferred, providing an excellent opportunity for the next owner to add their personal touch when the timing is right. The backyard is a blank canvas brimming with potential. BONUS-This spacious lot provides potential for expansion/development, making it ideal for future projects. With current zoning, there’s even the possibility of splitting the lot to maximize its potential! Don’t miss out on this rare opportunity to own a property with built-in revenue streams and long-term growth potential! PLEASE DO NOT GO IN THE BACKYARD OR DISTURB THE BASEMENT TENANTS
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Last updated May 1, 2025
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MLS# 6549159 —
The Building
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Year Built:1952
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Construction Materials:Frame
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Building Area Total:2192
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Building Area Source:Public Records
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Structure Type:Duplex
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Roof:Composition
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Levels:Two
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Basement:true
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Common Walls:No One Above
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Direction Faces:South
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Exterior Features:Lighting, Private Yard
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Patio And Porch Features:Front Porch
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Security Features:Carbon Monoxide Detector(s), Smoke Detector(s)
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Above Grade Finished Area:1096
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Below Grade Finished Area:900
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Property Attached:true
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Below Grade Unfinished Area:196
Interior
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Flooring:Carpet, Vinyl
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Laundry Features:In Unit
Room Dimensions
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Living Area:1996
Financial & Terms
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Ownership:Individual
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Possession:Immediate
Location
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Latitude:39.79579681
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Longitude:-105.0212494
The Property
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Property Type:Residential Income
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Property Subtype:Duplex
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Parcel Number:R0104687
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Zoning:R-2
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Lot Features:Many Trees, Near Public Transit
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Lot Size Area:0.36
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Lot Size Acres:0.36
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Lot Size SqFt:15,681 Sqft
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Lot Size Units:Acres
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Exclusions:Tenants personal property, staging items.
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Fencing:Partial
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Road Responsibility:Public Maintained Road
Listing Agent
- Contact info:
- Agent phone:
- (720) 468-8276
- Office phone:
- (720) 739-3000
Taxes
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Tax Year:2023
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Tax Annual Amount:$3,828
Beds
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Bedrooms Total:5
Baths
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Total Baths:3
The Listing
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Home Warranty:false
Heating & Cooling
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Heating:Forced Air
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
Appliances
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Appliances:Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Schools
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Elementary School:Hodgkins
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Elementary School District:Westminster Public Schools
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Middle Or Junior School:Josephine Hodgkins Leadership Academy
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Middle Or Junior School District:Westminster Public Schools
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High School:Westminster
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High School District:Westminster Public Schools
The Community
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Subdivision Name:Chaffee Park
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Association:false
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Senior Community:false
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Pets Allowed:Cats OK, Dogs OK
Parking
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Parking Total:2
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Parking Features:Concrete
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Attached Garage:true
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Garage Spaces:2
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Max Internet Speed
Provided by BroadbandNow®
This is the maximum advertised internet speed available for this home. Under 10 Mbps is in the slower range, and anything above 30 Mbps is considered fast. For heavier internet users, some plans allow for more than 100 Mbps.
