$899,900
Active
35 Days Online
8 Beds4 Baths2,456 SQFT
Active

2739 W 12th Ave Denver, CO 80204

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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 TypeMulti-Family
  • NeighborhoodSun Valley
  • CountyDenver
  • Taxes$1,889
  • HOA/Condo/Coop Fees$0
  • Days on Site35 Days
  • MLS StatusActive
  • MLS ID Number5907008
  • Home Size Source Assessor
  • Year Built1894
  • Lot Size Acres
  • Full BathsN/A
  • Partial BathsN/A

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General Features

  • Style Ranch
  • Construction StuccoWood SidingWood/FrameBrick/Brick Veneer
  • Sewer Public Sewer
  • Number of Stories 1
  • Property Sub Type Multi Family
  • Garage Spaces 4
  • Attached Garage No
  • Utilities Natural Gas Available
  • Zoning C-MX-5
  • Garage Off Street

Interior Features

  • Heating Forced Air

Exterior Features

  • Roof Composition
  • Waterfront Property No
  • Waterfront No

Community Features

  • Senior Community No
  • MLS Area Metro Denver

Schools

School District
Denver 1
Elementary School
Fairview
Middle School
Strive Lake
High School
North

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Monthly Payment (Est.)

$4,353
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