Price
$900,000
Sqft
2456.00
Baths
4
Beds
8
Description
EXCELLENT OPPORTUNITY AT BOTH A 6.9 CAP (projected, rents go up in the fall at lease renewal to the 2024 rates) and 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.
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About Me & My Skills
From first time home buyers, to investors, to retirees looking to downsize, I find my clients the home that fits their needs, making it one of the healthiest decisions they have made!
Contact me for a current market analysis of your property, and/or to help customize a live search for your perfect Colorado home.
My History
- First time home buyers love me
- Highly reviewed by Seniors
- Successfully executed contracts
- Successfully winning bidding wars
- Investor network actively looking to build to their portfolio
- 1031 exchange resource
- Knowledgeable about current market trends
- Reliable, experienced, passionate and goes above and beyond!
- Private listings
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