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500 University BLVD Denver, CO 80206
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Key Details
Sold Price $1,100,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,037 sqft
Price per Sqft $1,060
Subdivision Cherry Creek
MLS Listing ID 7280667
Sold Date 08/22/22
Bedrooms 4
HOA Y/N No
Originating Board recolorado
Year Built 1912
Annual Tax Amount $3,327
Tax Year 2021
Lot Size 4,356 Sqft
Acres 0.1
Property Description
Amazing investment opportunity in an incredible Cherry Creek location! Just blocks to all the shops, restaurants, and parks! Half occupied duplex allows for the option to live in one side and rent to other or turn both sides into rentals. Corner lot duplex featuring two, 2 bed/1 bath units, both featuring their own entrances, basements, and washer/dryers. The building maintains the original hardwood floors, built-ins, and charm.**Building is zoned G-RH-3** option to build up to 3 stories, great investment opportunity with the option to redevelop. Great tenants are in place through 08/31/2023 in 500 University, 506 University has been rented out furnished with 30+ day rentals.
Location
State CO
County Denver
Zoning G-RH-3
Rooms
Basement Partial
Interior
Interior Features Built-in Features, High Ceilings, Jack & Jill Bathroom, Walk-In Closet(s)
Heating Forced Air
Cooling Air Conditioning-Room
Flooring Tile, Wood
Fireplace N
Appliance Dishwasher, Disposal, Dryer, Oven, Range, Refrigerator, Washer
Laundry In Basement, In Unit
Exterior
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Lot Description Corner Lot, Level, Near Public Transit
Story One
Sewer Public Sewer
Water Public
Level or Stories One
Structure Type Brick
Schools
Elementary Schools Bromwell
Middle Schools Morey
High Schools East
School District Denver 1
Others
Senior Community No
Ownership Corporation/Trust
Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Listing Terms 1031 Exchange, Cash, Conventional, FHA, Jumbo, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Bought with Nomad Brokerage Colorado LLC
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