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2739 W 12th Ave, Denver, CO 80204

$725,000
: 8
BD
: 4
BA
: 2,456
SqFt

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List Price: $725,000
Type: Multifamily
Property Sub Type: Duplex
Status: ACTIVE
MLS Number: 2910134
Bedrooms: 8
Bathrooms: 4
Sqft Total: 2,456
Year Built: 1894

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Property Description

EXCELLENT OPPORTUNITY AT BOTH A 8.27 CAP & 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 2026 fair market value is $3,400 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 and is great for cash flow while future development entitlements are finalized. PLEASE DO NOT BOTHER TENANTS, NO SHOWINGS UNTIL A CONTRACT IS SUBMITTED.

(303) 522-8226

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Additional Information

Tax Amount: $1,889
Sewer: Public Sewer
Heating: Forced Air, Natural Gas
Cooling: None
School District: Denver 1
Elementary School: Fairview
Middle Or Junior School: Strive Lake
High School: North