About 2739 W 12th Ave
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.
Features of 2739 W 12th Ave
MLS® # | 5907008 |
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Price | $899,900 |
Bedrooms | 8 |
Bathrooms | 4.00 |
Square Footage | 2,456 |
Acres | 0.00 |
Year Built | 1894 |
Type | Residential Income |
Sub-Type | Income Property |
Style | Ranch |
Status | Active |
Community Information
Address | 2739 W 12th Ave |
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Area | Denver |
Subdivision | Sun Valley |
City | Denver |
County | Denver |
State | CO |
Zip Code | 80204 |
Amenities
Utilities | Natural Gas Available |
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# of Garages | 4 |
Garages | Off Street |
Is Waterfront | No |
Has Pool | No |
Interior
Heating | Forced Air |
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Fireplace | No |
# of Stories | 1 |
Stories | One |
Exterior
Roof | Composition |
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Construction | Wood/Frame, Brick/Brick Veneer, Stucco, Wood Siding |
School Information
District | Denver 1 |
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Elementary | Fairview |
Middle | Strive Lake |
High | North |
Additional Information
Days on Market | 40 |
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Zoning | C-MX-5 |
Foreclosure | No |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | REDT LLC |
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