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$725,000

Est. payment - /mo

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8 Beds

4 Baths

2,456 SqFt

Active

2739 W 12th #2739-2741 Denver, CO 80204

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Jerid Wempen

jwempen81@hotmail.com +1(720) 297-4020

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,456 sqft

Subdivision Sun Valley

MLS Listing ID IRE2910134

Bedrooms 8

HOA Y/N No

Year Built 1894

Annual Tax Amount $1,889

Tax Year 2018

Property Sub-Type Duplex

Source ires

Property Description

EXCELLENT OPPORTUNITY AT BOTH A 8.27 CAP & 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 2026 fair market value is $3,400 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 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

Community Sun Valley

Area Metro Denver

Zoning C-MX-5

Direction 12th and Federal. From 6th Ave and Federal: South on 6th Ave to W Holden Pl, east 1 block, south to 12th Ave, east to property.

Interior

Heating Forced Air

Exterior

Parking Features Off Street

Garage Spaces 4.0

Utilities Available Natural Gas Available, Separate Meter Electricity, Separate Meter Gas

View Y/N No

Roof Type Composition

Garage Yes

Building

Sewer Public Sewer

Level or Stories One

Structure Type Frame,Brick,Stucco,Wood Siding

New Construction false

Schools

Elementary Schools Fairview

Middle Schools Strive Lake

High Schools Denver District 1

School District Denver District 1

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Information and Real Estate Services (IRES)

Listed by Nathan Adams

NEARBY SCHOOL & BUSINESS

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Jerid Wempen

Broker

+1(720) 297-4020