Active
2739 W 12th Avenue
Denver CO, 80204
$900,000
$366.45 per sqft
Active
8 Beds
4 Baths
2,456 sqft
Multi-family
Built in 1894
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.
5907008
MLSⓇ ID
July 9, 2024
Listed
October 10, 2024
Updated
Map
2739 W 12th Avenue
Denver CO, 80204
Interior Features
Total Stories
1
Bedrooms
8
Total Bathrooms
4
Laundry Description
In Unit
Floor Description
Carpet, Linoleum, Wood
Fireplace
No
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Forced Air, Natural Gas
Exterior/Building Features
Roof
Composition
Sewer
Public Sewer
School Information
School District
Denver 1
High School
North
Elementary School
Fairview
Other Property Details
Taxes
$1,889
Tax Frequency
Annually
Garage
No
Parking Total
4
View
No
County
Denver
Pool
No
Zoning
C-MX-5
Listing History
Date | Event | Price |
|---|---|---|
10/9/2024 | Price change | $900,000 0% |
7/12/2024 | Price change | $899,900 -1% |
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