$899,000 Price Analysis    ♡   Denver, CO 80204 4 bed 5 bath 2,593 SqFt ($346/SqFt) Built 2023 Listed 2024-07-14, Taxes $2,046 | Ⓧ USDA Ineligible due to price & location near Denver |
Welcome to this brand new find in Denver.
1316 Yates offers an investment opportunity for homeowners looking to live in a new townhome while also renting out the basement (or vice versus) to make additional income, on a safe and consistent path to wealth creation.The design finishes are luxurious and gorgeous. Each bedroom has its own bathroom, providing the opportunity to rent the townhome out to roommates. The townhome's design allows for long-term renting or the option exploring the short-term rental space with a main entrance and separate basement entrance. The basement features a full bed/bath and kitchenette/bonus room. Enjoy gorgeous views from the rooftop deck. Call Taylor for all details 72-606-1503.
The West Colfax area in Denver has undergone significant transformation, with the development of the light rail system and improved connectivity to Downtown Denver. This highly desired area is prime for proximity to the city and quick access to 6th Ave, I-25 and I-70. Denver has recently initiated a multi-mill ion dollar rehabilitation of the Colfax corridor, which is known as the longest road in America. Owning this townhome makes the concept of generational wealth achievable. Rental income can be used to pay off the mortgage sooner, potentially saving hundreds of thousands of dollars in interest. You can use the rental income to offset your monthly payments or invest t into retirement funds such as an IRA or 401k to earn interest. The possibilities are infinite and this builder is dedicated to helping future generations build wealth. This townhome offers an opportunity to build wealth through your primary residence.
Presented by Taylor Bunney at
HomeSmart .
Property MLS #8711893 from REcolorado
Bedrooms On Basement Level: 1
Primary Bedroom Level: Upper
Bedroom 1 Level: Upper
Bedroom 2 Level: Upper
Bedroom 3 Level: Basement
Full Bathrooms: 4
1/2 Bathrooms: 1
Bathrooms On Main Level: 1
Bathrooms On Basement Level: 1
Flooring: Carpet, Tile, Wood
Window Features: Double Pane Windows
Disposal
Microwave
Oven
Range
Refrigerator
Bathroom (Full) Level: Upper
Bathroom (Full) 2 Level: Upper
Bathroom (Full) 3 Level: Basement
Bathroom (1/2) Level: Main
Basement Description: Full
Heating Features: Forced Air
Number of Fireplaces: 1
Patio And Porch Features: Rooftop
Parking Total: 2
Elementary School District: Denver 1
High School: North
High School District: Denver 1
Middle School: Strive Lake
Middle or Junior School District: Denver 1
Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Denver
Tax Year: 2023
Source Property Type: Residential
Exclusions: Seller`s Personal Property, Washer and Dryer
Property Subtype: townhouse
Source Neighborhood: West Colfax
Parcel Number: 5062-11-060
Subdivision: West Colfax
Property Subtype: Townhouse
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2020 | $770 + $26,800 $27,570 | $2,046 |
| 2019 | $770 + $26,800 $27,570 | $1,988 |
| 2018 | $5,990 + $15,740 $21,730 | $1,681 |
| 2017 | $5,990 + $15,740 $21,730 | $1,676 |
| 2016 | $11,570 + $3,980 $15,550 | $1,268 |
| 2015 | $11,570 + $3,980 $15,550 | $1,215 |
| 2014 | $8,100 + $2,490 $10,590 | $880 |
| 2013 | $8,100 + $2,490 $10,590 | $880 |
| 2012 | $1,624 + $7,976 $9,600 | $807 |
| 2011 | $1,624 + $7,976 $9,600 | $685 |
| 2010 | $2,854 + $7,976 $10,830 | $721 |
| 2009 | $2,854 + $7,976 $10,830 | $705 |
$899,000
REcolorado
Listing removed 2021-02-28
$0
REcolorado
Price Changed 2020-01-28
$420,000
REcolorado
Price Changed 2019-11-14
$430,000
REcolorado
Listed 2019-11-05
$450,000
REcolorado
Year Built: 2023
Above Grade Finished Area: 1829
BelowGradeFinishedArea: 764
Common Walls: 2+ Common Walls
Construction Materials: Frame, Stucco
Levels: Three Or More
Property Age: 1
Property Attached: Yes
Property Condition: New Construction
Roof: Metal
Structure Type: Townhouse
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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.