Rare investor opportunity with a long-term, income-producing rental property with a lease in place at $1, 950 per month, through April of 2026. Centrally located within Park Hill Village, one block from the Light Rail Station, this updated, inviting two-bedroom, two-bathroom ground level condo has been recently refreshed with new carpet and fresh paint (2024) and features first level living without having to navigate stairs. The layout and floor plan offer both dining and living areas, along with separate bedrooms that provide privacy for residents or can be used as a home office or additional room. Each bedroom is equipped with its own private en suite bathroom. Relax in the cozy ambiance of the family room's fireplace or bask in the afternoon sun on the west-facing covered patio, perfect for unwinding and enjoying the outdoors. A detached one car garage offers parking convenience and extra storage space. The community pool is a great place to enjoy the Colorado summer weather and the adjacent clubhouse for fitness and recreation. Easy access to major highways, I-70, I-25 and I-225 and Denver International Airport. You're also within walking distance of Starbucks, fast food, retail shops, and the Light Rail Station, providing easy city-wide commuting. Central Park amenities, City Park, are all just minutes away. This condo combines comfort, convenience, and an excellent location for your 1031 Exchange or to start or grow your investment portfolio. PREFERRED SELLER FINANCING WITH A BELOW-MARKET INTEREST RATE contact Listing Agent for details.
Property Features
Bedrooms
- Bedrooms: 2
- Bedrooms On Main Level: 2
- Bedroom 1 Level: Main
- Bedroom 2 Level: Main
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Bathrooms On Main Level: 2
Interior Features
- No Stairs
- Flooring: Carpet
- Window Features: Window Coverings
Appliances
- Dishwasher
- Disposal
- Dryer
- Electric Water Heater
- Microwave
- Oven
- Refrigerator
- Washer
- Laundry Features: In Unit
Other Rooms
- Bathroom (Full) Level: Main
- Bathroom (Full) 2 Level: Main
- Laundry Level: Main
- Family Room Level: Main
- Exercise Room: Yes
Heating and Cooling
- Cooling Features: Central Air
- Fireplace Features: Electric, Family Room
- Heating Features: Forced Air
- Number of Fireplaces: 1
Kitchen and Dining
Pool and Spa
- Pool Features: Outdoor Pool
Exterior and Lot Features
- Patio And Porch Features: Covered, Patio
- Road Frontage Type: Public Road
- Road Responsibility: Public Maintained Road
- Road Surface Type: Paved
Land Info
- Lot Description: Near Public Transit
Garage and Parking
- Garage Spaces: 1
- Parking Total: 2
Homeowners Association
- Association: Yes
- Association Amenities: Clubhouse, Fitness Center, Parking, Pool, Spa/Hot Tub
- Association Fee: 350
- Association Fee Frequency: Monthly
- Association Fee 2: 166
- Association Fee 2 Frequency: Monthly
- Association Fee Includes: Exterior Maintenance w/out Roof, Maintenance Grounds, Maintenance Structure, Road Maintenance, Sewer, Snow Removal, Trash, Water
- Calculated Total Monthly Association Fees: 516
- Association Name: Park Hill Village Condominiums HOA Inc
- Association Name 2: Park Hill Village Neighborhood Association Inc
- Association Phone: 7203072710
- Association Phone 2: 3039912779
- Pets Allowed: Cats OK, Dogs OK
School Information
- Elementary School: Smith Renaissance
- Elementary School District: Denver 1
- High School: East
- High School District: Denver 1
- Middle School: McAuliffe International
- Middle or Junior School District: Denver 1
Other Property Info
- Annual Tax Amount: 1389.00
- Source Listing Status: Active
- County: Denver
- Directions: Colorado Blvd & E 40th Ave. East to Albion St, left on Park Hill Square to Building #6.
- Tax Year: 2023
- Distance To Bus: 5
- Distance To Bus Units: Minutes
- Source Property Type: Residential
- Exclusions: Tenants personal property
- Property Subtype: condo
- Source Neighborhood: North Park Hill
- Parcel Number: 1193-01-115
- Subdivision: North Park Hill
- Zoning: R-2-A
- Property Subtype: Condominium
- Source System Name: C2C
Building and Construction
- Total Square Feet Living: 977
- Year Built: 2007
- Above Grade Finished Area: 977
- Building Name: Park Hill Village
- Common Walls: 2+ Common Walls
- Construction Materials: Stucco
- Direction Faces: West
- Entry Level: 1
- Entry Location: Ground
- Foundation Details: Slab
- Levels: One
- Property Age: 17
- Property Attached: Yes
- Roof: Composition
- Structure Type: Low Rise (1-3)
Utilities
- Sewer: Public Sewer
- Cable Available
- Electricity Connected
- Water Source: Public
