Menu2232 S Franklin Street
Denver, CO 80210 — Denver county
Price
$800,000
Sqft
1918.00 SqFt
Baths
2
Beds
4
Description
What an opportunity. Fully rented DU property with tons of possibilities for the beginner or expert investor. Live in half when lease is up and rent to supplement? Take advantage of the expensive and steady DU rental market? Do either for x amount of time and then plan on rolling with the trends of pop-topping/scraping for land value in this multi-million dollar neighborhood. Location is prime, light rail, Harvard Gulch park/golf course, restaurants and social life galore all walkable. Long term renters in place are willing to talk about either staying or living out their lease. Property has been professionally managed and that can either end with the sale or if buyer prefers to stay on. Rents are $1695 and $1495, probably ready for an increase and any improvements to the property could even make that higher. And there are several examples of new builds on the block and in the area to justify new build costs.
Don't just look at this for the CAP number or land value, both are viable strategies. Just hurry up and get it and let the neighborhood work it's magic to make your investment be sound regardless of where the future takes you and this property.
NO SHOWINGS OF THIS PROPERTY OUTSIDE OF ONE TIME SHOWING TIME SATURDAY APRIL 13th FROM 12 to 3.
Property Level and Sizes
SqFt Lot
6250.00
Lot Size
0.14
Basement
Full
Common Walls
No Common Walls
Interior Details
Appliances
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven
Laundry Features
Main Level
Electric
None
Flooring
Carpet, Laminate, Wood
Cooling
None
Heating
Forced Air
Exterior Details
Water
Public
Sewer
Public Sewer
Land Details
Road Responsibility
Public Maintained Road
Garage & Parking
Exterior Construction
Roof
Composition
Construction Materials
Wood Siding
Builder Source
Public Records
Financial Details
Previous Year Tax
2867.00
Year Tax
2022
Primary HOA Fees
0.00
Location
Schools
Elementary School
Asbury
Middle School
Grant
High School
South
Walk Score®
Contact me about this property
Anne O'Brien
HomeSmart Realty Group
8300 E Maplewood Ave
Greenwood Village, CO 80111, USA
8300 E Maplewood Ave
Greenwood Village, CO 80111, USA
- (303) 332-9504 (Mobile)
- Invitation Code: anneobrien
- anneobriencllc@gmail.com
- https://AnneObrienHomes.com
Contact Me
With courtesy of Tjc Real Estate Posted by REcolorado (Denver)
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