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Presented by: Redt LlcPowered by Highrises
For Sale

$900,000

$100

2739 W 12th Ave, Denver, CO 80204

  • 8Beds
  • 4Baths
  • 2456SqFt
  • 8Beds
  • 4Baths
  • 2456SqFt
  • Property Type
    Condo
  • Year Built
    1894
  • Price per Sqft
    $366
  • On highrises
    136 Days

Property Details

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.

Property Features

Bedrooms

  • Bedrooms: 8
  • Presented by:
  • Nathan Adams
  • state license#100004676

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