Price

$800,000

Sqft

1918.00

Baths

2

Beds

4

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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

Exterior Construction

Roof Composition
Construction Materials Wood Siding
Builder Source Public Records

Financial Details

Previous Year Tax 2867.00
Tax Year 2022

Schools

Elementary School Asbury
Middle School Grant
High School South

  Location

  Schools

Elementary SchoolAsbury
Middle SchoolGrant
High SchoolSouth

  Walk Score®

Contact Me

Anne O’Brien

Anne O’Brien

HomeSmart Realty Group

About Me & My Skills

Represent clients looking for properties in the Denver, Denver Metro, South Corridor and North Corridor counties of the Front Range. Work in the challenging Denver real estate market, with the skills needed to locate, negotiate, and close on challenging deals of valuable properties. Bachelors in Mathematics, bringing analytical and technical skills for top value. Successful in negotiation, and strive to exceed client expectations.

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

- Specialize in Multi-family: duplex, and triplex listings in Denver metro areas
- 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

Get In Touch

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