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Home » Real Estate » CO » Denver » 80219 » 566 S Patton Ct, #568, Denver, CO, 80219
$724,900

566 S Patton Ct, #568, Denver, CO, 80219

4 Beds
2 Baths
1,871 Square Feet
Investment Opportunity in Denver's Westwood Neighborhood Introducing a duplex located in the Westfield subdivision on Denver's west side-an excellent opportunity for investors or those seeking versatile living arrangements. Unit 1: Practical Living This unit features a welcoming living area with natural wood floors and ample natural light streaming through two large windows. The space includes a ceiling fan for added comfort. The two bedrooms are well-sized, each equipped with ceiling fans. A full bathroom serves the unit, and the kitchen offers plenty of cabinet space for storage. Enjoy private access to a fenced back patio, ideal for outdoor relaxation. Unit 2: Spacious and Updated The larger unit offers four bedrooms, including two with raised ceilings that enhance the sense of space. One non-conforming bedroom features skylights, and another includes an exposed wood beam with a ceiling fan. The kitchen has been updated with stainless steel appliances, modern grey cabinets, and contemporary lighting. A cozy reading nook in one bedroom is set within a bay window, accented by a wooden beam. Private Outdoor Spaces Each unit has its own exclusive outdoor area. The first unit has a fenced back patio, while the second unit features a fenced-in backyard, providing private outdoor spaces for both units. Investment Potential This duplex presents a solid investment opportunity with flexible living options. Consider "house hacking" by living in one unit while renting out the other to help offset mortgage payments and reduce living expenses. Alternatively, rent out both units as a stand-alone investment to take advantage of an above-average cap rate, helping you recoup your costs more quickly. The property's desirable location in the Westwood neighborhood enhances its appeal to potential tenants, ensuring a steady income stream.
Offered By
Eric Hyatt 303-349-6677, HomeSmart

Property Details

Property Type Residential Income
Status Active
Bedrooms 4
Property Sub Type Income Property
Square Feet 1,871
MLS # 5533163

Market Trends

New Properties On Market
48
55% Increase In New Listings
Average Asking Price
$493,778
$55,896 Decrease In Avg Asking Price
Average Asking Price / Sq. Ft.
$345
$26 Decrease In List Price/Sq. Ft.
Average Days On Market
15
21 Day Decrease In Days On Market
Data as of Nov 15, 2024. Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.

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Information deemed reliable but not guaranteed by the MLS. Listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data Source: Information and Real Estate Services, LLC. Provided for limited non-commercial use only under IRES Rules. © 2024 IRES. Property data was last updated on 10/21/2024 at 3:55 pm