Denver, CO 80204,2739 W 12th AVE
Denver, CO 80204,2739 W 12th AVE
Denver, CO 80204,2739 W 12th AVE
Denver, CO 80204,2739 W 12th AVE
Denver, CO 80204,2739 W 12th AVE
Denver, CO 80204,2739 W 12th AVE
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$ 900,000
Est. payment | /mo

8 Beds

4 Baths

2,456 SqFt


Save
$ 900,000
Est. payment | /mo
Save

8 Beds

4 Baths

2,456 SqFt

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,456 sqft

Price per Sqft $366

Subdivision Sun Valley

MLS Listing ID 5907008

Bedrooms 8

HOA Y/N No

Originating Board recolorado

Year Built 1894

Annual Tax Amount $1,889

Tax Year 2018

Property Description

EXCELLENT OPPORTUNITY AT BOTH A 6.9 CAP (projected, rents go up in the fall at lease renewal to the 2024 rates) & FUTURE DEVELOPMENT POTENTIAL WITH C-MX-5 ZONING! Duplex property located in Sun Valley Neighborhood, 4 bedrooms per side, rents go up in the fall at lease renewal – section 8 4 bedrooms 2024 fair market value is $3,548 per unit. Property is currently rented with 4-bedroom Section 8 Vouchers, rent payments are guaranteed on the first of the month via direct deposit. Property has been stabilized for 8 years straight and is great for cash flow while future development entitlements are finalized. PLEASE DO NOT BOTHER TENANTS, NO SHOWINGS UNTIL A CONTRACT IS SUBMITTED.

Location

State CO

County Denver

Zoning C-MX-5

Interior

Heating Forced Air, Natural Gas

Cooling None

Flooring Carpet, Linoleum, Wood

Fireplace N

Laundry In Unit

Exterior

Roof Type Composition

Total Parking Spaces 4

Garage No

Building

Story One

Sewer Public Sewer

Level or Stories One

Structure Type Brick,Frame,Stucco,Wood Siding

Schools

Elementary Schools Fairview

Middle Schools Strive Lake

High Schools North

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition None

REColorado (REColorado MLS)
Listed by REDT LLC • nathan@redTHomes.com,720-255-4101
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2739 W 12th AVE