5255 Memphis Street Unit 702, Denver, CO 80239

$245,000
2
BD
2
BA
925
SqFt

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List Price
$245,000
Price Change
▼ $8,000 1787108547
Type
Condo
Property Sub Type
Condominium
Status
ACTIVE
MLS Number
3320928
Architectural Style
Contemporary
Structural Style
Contemporary
Bedrooms
2
Bathrooms
2
Baths Half
1
Sqft Total
925
Neighborhood
Trails at Parkfield Lake
Year Built
2002

Property Description

This unit comes with something most listings can't offer right now: an assumable FHA loan at 4%. That's a real number, not a teaser rate, and it transfers to a qualified buyer who plans to live here — a meaningful edge in this rate environment. Buyer is subject to lender approval and qualification requirements. Ground-floor 2-bedroom, 2-bath condo in northeast Denver's Trails at Parkfield Lake community. 925 square feet that lives larger than it measures. Hard surface floors throughout — no carpet to replace or clean. The primary bedroom fits a king with room to spare. The second bedroom is non-conforming, working equally well as an office, guest room, or creative space. In-unit washer and dryer. One assigned parking space. Location holds its own. The A Line is five minutes away — Union Station and downtown without touching a highway. DIA is a 10-minute drive. Anschutz, Children's Hospital, UCHealth, and the VA are all an easy commute southwest — matters if you work at any of them. Outside, Parkfield Lake Park is right there: walking paths and open space in a location that feels residential despite how connected it is. Community pool. Dining and shopping along Peña and Tower Road cover the day-to-day. Strong fit for a first-time buyer looking for a smart entry point, a healthcare worker, or a frequent traveler who wants this location and a payment most buyers can't touch right now.

Additional Information

Lot Size Acres
15
Lot Size Sq Ft
653,400
HOA Fees
$364
Tax Amount
$1,242
Tax Year
2024
Exterior Features
Balcony
Sewer
Public Sewer
Interior Features
Clubhouse, Fitness Center, Pool, Trail(s)
Flooring
Laminate, Tile
Heating
Forced Air, Natural Gas
Cooling
Central Air
School District
Denver 1
Elementary School
Lena Archuleta
Middle Or Junior School
Dr. Martin Luther King
High School
KIPP Denver Collegiate High School
Unit Number
702
Parking Total Searchable
1
Parking Features
Asphalt

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Calculator source: Real Geeks

Courtesy of Corcoran Perry & Co. . btrampler@corcoranperry.com,303-638-1633