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$900,000
2739 W 12th Ave, Denver, CO, 80204
8
Beds
4
Baths
2,456
Square Feet
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.
Offered By
Nathan Adams nathan@redTHomes.com,720-255-4101, REDT LLC
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Property Sub Type
Income Property
Square Feet
2,456
MLS #
5907008
Heating
Forced Air
Utility Features
Natural Gas Available
SEWER
City Sewer, Public Sewer
Year Built
1894
ARCHITECTURAL STYLE
Ranch
Roof
Composition
Garage spaces
4
CITY
Denver
SUBDIVISION
Sun Valley
COUNTY
Denver
AREA
Metro Denver
STATE
CO
SENIOR COMMUNITY
No
TAX AMOUNT
1889.0
LATEST UPDATE
2024-10-10T20:45:25.039Z
DAYS ON MARKET
94
PRICE CHANGE(S)
$900,000 Jul 9, 2024
$899,900 Jul 12, 2024
$900,000 Oct 9, 2024
CUMULATIVE DAYS ON MARKET
94
Property Details
Property Type
Residential Income
Status
Active
Bedrooms
8
Property Sub Type
Income Property
Square Feet
2,456
MLS #
5907008
New Properties On Market
46
24%
Increase In New Listings
Average Asking Price
$706,376
$2,422 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$384
$24 Decrease In List Price/Sq. Ft.
Average Days On Market
21
18 Day
Decrease In Days On Market
Data as of Nov 15, 2024.
Remaining statistics above are calculated on activity within the period from Sep 01, 2024 to Oct 31, 2024.
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Information deemed reliable but not guaranteed by the MLS.
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Property data was last updated on 10/10/2024 at 3:17 pm