$800,000 Price Analysis    ♡   Denver, CO 80210 4 bed 2 bath 1,918 SqFt ($417/SqFt) 6,250SqFt lot. Built 1955 Listed 2024-04-12, Taxes $2,866 | Ⓧ USDA Ineligible due to price & location near Denver |
What an opportunity.
Fully rented DU property with tons of possibilities for the beginner or exper t investor. Live in half when lease is up and rent to supplement? Take advantage of the expensive and steady DU rental market? Do either for x amount of time and then plan on rolling with the trends of pop-topping/scraping for land value in this multi-million dollar neighborhood. Location is prime, light rail, Harvard Gulch park/golf course, restaurants and social life galore all walkable. Long term renters in place are willing t talk about either staying or living out their lease.
Property has been professionally managed and that can either end with the sale or if buyer prefers to stay on. Rents are $1695 and $1495, probably ready for an increase and any improvements to the property could even make that higher. And there are several examples of new builds on the block and in the area to justify new build costs. Don't look at this for the CAP number or land value, both are viable strategies. Just hurry up and get it and let the neighborhood work it's magic to make your investment be sound regardless of where the future takes you and this property. NO SHOWINGS OF THIS PROPERTY OUTSIDE OF ONE TIME SHOWING TIME SATURDAY APRIL 13th FROM 12 to 3.
Presented by Damon Knop at
Tjc Real Estate.
Property MLS #9865996 from REcolorado
Full Bathrooms: 2
Dryer
Microwave
Oven
Refrigerator
Self Cleaning Oven
Laundry Features: Main Level
Patio And Porch Features: Front Porch
Road Responsibility: Public Maintained Road
Lot Size Acres: 0.1434803
Lot Size Square Feet: 6250
Parking Total: 3
Elementary School District: Denver 1
High School: South
High School District: Denver 1
Middle School: Grant
Middle or Junior School District: Denver 1
Map directions Map directions Map directions Map directionsTenant Pays: Cable TV, Electricity, Gas, Internet, Telephone, Water
Source Listing Status: Active
County: Denver
Tax Year: 2022
Distance To Bus: 1
Distance To Bus Units: Miles
Source Property Type: Residential Income
Exclusions: tenants possessions.
Source Neighborhood: DU/University/Platt Park
Owner Pays: Taxes
Parcel Number: 5262-29-005
Subdivision: DU/University/Platt Park
Zoning: U-SU-C
Property Subtype: Duplex
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2022 | $7,830 + $28,220 $36,050 | $2,866 |
| 2021 | $8,060 + $29,030 $37,090 | $2,767 |
| 2020 | $14,110 + $22,330 $36,440 | $2,703 |
| 2019 | $14,110 + $22,330 $36,440 | $2,627 |
| 2018 | $9,730 + $20,240 $29,970 | $2,318 |
| 2017 | $9,730 + $20,240 $29,970 | $2,311 |
| 2016 | $9,090 + $17,400 $26,490 | $2,160 |
| 2015 | $9,090 + $17,400 $26,490 | $2,069 |
| 2014 | $11,700 + $9,940 $21,640 | $1,797 |
| 2013 | $11,700 + $9,940 $21,640 | $1,798 |
| 2012 | $8,573 + $12,967 $21,540 | $1,810 |
| 2010 | $8,573 + $12,967 $21,540 | $1,426 |
| 2009 | $8,453 + $12,967 $21,420 | $1,395 |
| 2008 | $8,453 + $12,967 $21,420 | $1,485 |
| 2007 | $9,283 + $12,967 $22,250 | $1,488 |
$800,000
REcolorado
Sold 2022-03-24
$710,000
Public Record
Listing removed 2021-09-20
$0
ShowMojo
Listed for rent 2021-08-31
$1,695
ShowMojo
Listing removed 2018-07-08
$1,595
ShowMojo
Price Changed for rent 2018-06-23
$1,595
ShowMojo
Price Changed for rent 2018-05-20
$1,625
ShowMojo
Listed for rent 2018-04-21
$1,675
ShowMojo
Sold 2016-03-03
$400,000
Public Record
Sold 1976-09-01
$32,500
Public Record
Sold 1975-06-01
$26,000
Public Record
Operating Expense Includes: Professional Management, Real Estate Tax
Year Built: 1955
Above Grade Finished Area: 959
BelowGradeFinishedArea: 917
Below Grade Unfinished Area: 42.00
Common Walls: No Common Walls
Construction Materials: Wood Siding
Direction Faces: West
Entry Location: Ground
Levels: One
Property Age: 69
Property Condition: Updated/Remodeled
Roof: Composition
Structure Type: Duplex
Architectural Style: Traditional
Sewer: Public Sewer
Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.