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Investment Highlights

  • Fully Renovated Duplex in the Highlands Neighborhood
  • 6.84% Actual CAP Rate (Trailing 12 Months)
  • Great Owner Occupant Opportunity
  • Two 2 Bed/1 Bath Units with Private Garages
  • Zeroscaped with Minimal Expenses
  • Walking Distance to Restaurants & Entertainment

Executive Summary

PRICE REDUCED! Renovated Duplex in Highlands; 6.84% Actual CAP Rate (Trailing 12 Months). Two Large 2 Bed/1 Bath Units with Private Garages and In Unit Washer/Dryers.

Financial Summary (Actual - 2025)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,616 $52.15
Other Income $4,325 $2.26
Vacancy Loss $166 $0.09
Effective Gross Income $103,775 $54.33
Taxes $6,966 $3.65
Operating Expenses $10,339 $5.41
Total Expenses $17,305 $9.06
Net Operating Income $86,470 $45.27

Financial Summary (Actual - 2025)

Gross Rental Income (CAD)
Annual $99,616
Annual Per SF $52.15
Other Income (CAD)
Annual $4,325
Annual Per SF $2.26
Vacancy Loss (CAD)
Annual $166
Annual Per SF $0.09
Effective Gross Income (CAD)
Annual $103,775
Annual Per SF $54.33
Taxes (CAD)
Annual $6,966
Annual Per SF $3.65
Operating Expenses (CAD)
Annual $10,339
Annual Per SF $5.41
Total Expenses (CAD)
Annual $17,305
Annual Per SF $9.06
Net Operating Income (CAD)
Annual $86,470
Annual Per SF $45.27

Property Facts

Price $1,264,893 CAD
Price Per Unit $632,446 CAD
Sale Type Investment
Cap Rate 6.84%
No. Units 2
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 0.10 AC
Building Size 1,910 SF
No. Stories 1
Year Built 1954
Parking Ratio 2.62/1,000 SF
Zoning U-RH

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $4,151 CAD 955
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
2294-05-010
Land Assessment
$51,778 CAD
Improvements Assessment
$51,778 CAD
Total Assessment
$91,061 CAD
Annual Taxes
$6,966 CAD ($3.65 CAD/SF)
Tax Year
2025
  • Listing ID: 40793719

  • Date on Market: 2026-06-04

  • Last Updated:

  • Address: 2551 W Caithness Pl, Denver, CO 80211

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