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2551 W Caithness Pl 2 Unit Apartment Building $1,239,667 CAD ($619,834 CAD/Unit) 6.84% Cap Rate Denver, CO 80211



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 |
$97,629
|
$51.11
|
| Other Income |
$4,239
|
$2.22
|
| Vacancy Loss |
$163
|
$0.09
|
| Effective Gross Income |
$101,705
|
$53.25
|
| Taxes |
$6,827
|
$3.57
|
| Operating Expenses |
$10,132
|
$5.30
|
| Total Expenses |
$16,960
|
$8.88
|
| Net Operating Income |
$84,746
|
$44.37
|
Financial Summary (Actual - 2025)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $97,629 |
| Annual Per SF | $51.11 |
| Other Income (CAD) | |
|---|---|
| Annual | $4,239 |
| Annual Per SF | $2.22 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $163 |
| Annual Per SF | $0.09 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $101,705 |
| Annual Per SF | $53.25 |
| Taxes (CAD) | |
|---|---|
| Annual | $6,827 |
| Annual Per SF | $3.57 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $10,132 |
| Annual Per SF | $5.30 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,960 |
| Annual Per SF | $8.88 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $84,746 |
| Annual Per SF | $44.37 |
Property Facts
| Price | $1,239,667 CAD | Apartment Style | Garden |
| Price Per Unit | $619,834 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.10 AC |
| Cap Rate | 6.84% | Building Size | 1,910 SF |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1954 |
| Property Subtype | Apartment | Parking Ratio | 2.62/1,000 SF |
| Zoning | U-RH | ||
| Price | $1,239,667 CAD |
| Price Per Unit | $619,834 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 | $4,068 CAD | 955 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Good public transit
60/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 2294-05-010 | Total Assessment | $90,291 CAD |
| Land Assessment | $51,340 CAD | Annual Taxes | $6,827 CAD ($3.57 CAD/SF) |
| Improvements Assessment | $51,340 CAD | Tax Year | 2025 |
Property Taxes
Parcel Number
2294-05-010
Land Assessment
$51,340 CAD
Improvements Assessment
$51,340 CAD
Total Assessment
$90,291 CAD
Annual Taxes
$6,827 CAD ($3.57 CAD/SF)
Tax Year
2025
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2551 W Caithness Pl
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