2739 W 12th Avenue Denver, CO 80204
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 Site61 Days
- MLS StatusActive
- MLS ID Number5907008
- Home Size Source Public Records
- Year Built1894
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Construction BrickFrameStuccoWood Siding
- Parking Spaces 4
- Sewer Public Sewer
- Number of Stories 1
- Property Sub Type Duplex
- Garage Spaces 0
- Attached Garage No
- Zoning C-MX-5
Interior Features
- Cooling None
- Heating Forced AirNatural Gas
- Flooring CarpetLinoleumWood
- Laundry Features In Unit
- Fireplace No
Exterior Features
- Roof Composition
- Spa No
- Waterfront Property No
Community Features
- Senior Community No