RateMyAgentGo to search
Back 3698 Glencoe Street
Active

3698 Glencoe Street

Denver CO 80207

8
4
3712 sq. ft.
12500 sq. ft.
Duplex
Currently for sale - view listing

Overview

Incredible investment property with unique opportunity to increase CAP Rate by 50% with minimal up front expenditures. All four units are rented well under market value with leases signed during the COVID-19 pandemic. Similar properties in the area are renting at $1,650+/month based on beds/baths & internal square footage. Current market rental rates for these units with no updates immediately offers a 5.1%+ CAP Rate! 4 off-street parking spaces already have a concrete pad poured, and adding a garage provides added opportunity to increase rents and easily push the CAP rate into the 6's. Very low vacancy rates. Long term potential is also strong with significant development in the surrounding area, coupled with walking paths and outdoor space right down the street at 38th and Hudson. Coffee shops and retail venues are popping up in the area, too. Each unit includes dishwasher, disposal, kitchen refrigerator, stove/range/oven, water heater, washer & dryer. Separate electric meters for each unit. Fenced backyard is shared between all four units and includes a storage shed and playground. Easy access to I-70 and downtown. Financial document available in MLS Supplements. This is a unique & exciting opportunity! No showings until an offer has been accepted. Buyer & Buyer's Agent to verify all information. No sign in yard. Please do not bother tenants. Call with any questions.

Features

8 bedrooms
4 carspaces
3712 sq. ft. floor area
12500 sq. ft. lot size
Duplex

Happy sellers in Denver

~%

We have insufficient information to provide an overview of customer satisfaction for Denver. Viewing the agent profiles, reviews and sales for Denver can provide insights for this location.

Local market activity for 8 bedroom duplexes in Denver

RateMyAgent
Sales:
(619) 566-0008
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsLicensingSitemap