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

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Listing information last updated on October 18th, 2024 at 1:03am MDT.

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

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