2739 W 12th Avenue, Denver, CO 80204
- $725,000
- 8
- BD
- 4
- BA
- 2,456
- SqFt
Courtesy of REDT LLC . nathan@redTHomes.com,720-255-4101
- List Price
- $725,000
- Price Change
- ▼ $25,000 1781059494
- Type
- Multifamily
- Status
- ACTIVE
- MLS Number
- 2910134
- Finished Sqft
- 2,456
- Above Grade Sqft
- 2456
- Total Sqft
- 2456
- Subdivision
- Sun Valley
- Sub-Area
- Sun Valley
- Year Built
- 1894
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.
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Additional Information
- School District
- Denver 1
- Elementary School
- Fairview
- Middle School
- Strive Lake
- High School
- North
- Taxes
- $1,889
- Tax Year
- 2018
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