2739 W 12th AVE Active Save Request In-Person Tour Request Virtual Tour
Denver,CO 80204
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,456 sqft
Price per Sqft $366
Subdivision Sun Valley
MLS Listing ID 5907008
Bedrooms 8
HOA Y/N No
Abv Grd Liv Area 2,456
Originating Board recolorado
Year Built 1894
Annual Tax Amount $1,889
Tax Year 2018
Property Description
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.
Location
State CO
County Denver
Zoning C-MX-5
Interior
Heating Forced Air,Natural Gas
Cooling None
Flooring Carpet,Linoleum,Wood
Fireplace N
Laundry In Unit
Exterior
Roof Type Composition
Total Parking Spaces 4
Garage No
Building
Sewer Public Sewer
Level or Stories One
Structure Type Brick,Frame,Stucco,Wood Siding
Schools
Elementary Schools Fairview
Middle Schools Strive Lake
High Schools North
School District Denver 1
Others
Senior Community No
Ownership Individual
Acceptable Financing Cash,Conventional,Private Financing Available
Listing Terms Cash,Conventional,Private Financing Available
Special Listing Condition None