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2739 W 12th Avenue, Denver, CO – $900,000

  • $900k Price
  • 8 Beds
  • 4 Baths
  • 2,456 Sqft
  • $900k Price
  • 8 Beds
  • 4 Baths
  • 2,456 Sqft

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2739 W 12th Avenue

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.

Listing Office: REDT LLC

Essential Information

  • MLS® #5907008
  • Price$900,000
  • Bedrooms8
  • Bathrooms4.00
  • Square Footage2,456
  • Acres0.00
  • Year Built1894
  • TypeResidential Income
  • Sub-TypeDuplex
  • StatusActive

Community Information

  • Address2739 W 12th Avenue
  • SubdivisionSun Valley
  • CityDenver
  • CountyDenver
  • StateCO
  • Zip Code80204

Amenities

  • Parking Spaces4

Interior

  • HeatingForced Air, Natural Gas
  • CoolingNone
  • StoriesOne

Exterior

  • RoofComposition

School Information

  • DistrictDenver 1
  • ElementaryFairview
  • MiddleStrive Lake
  • HighNorth

Additional Information

  • Date ListedJuly 9th, 2024
  • ZoningC-MX-5

Listing Details

  • REDT LLC

Office Contact

nathan@redTHomes.com,720-255-4101

Please provide a valid email address.

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Listing information last updated on December 25th, 2024 at 12:18pm MST.