Cheltenham Heights opportunity. Purchase for a dual residence, an investor purchase for cash flow, tenants, or for development potential. 3Bed/2bath - 3229 unit "A" Rented and moderately updated. 2Bed/1Bath - 3229 Unit "B" updated with full new kitchen and appliances, flooring, water heater etc. This side of the duplex is towards the alley (NORTH END). Each unit has their entrance, own full kitchen, own water heater, and furnace. *This building has 2 sides a NORTH OWNER AND A SOUTH OWNER. Selling the NORTH SIDE of Building (2 UNITS described at "A" & "B") of the building.
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.
Amazing opportunity to own a duplex in Denver! This duplex features a unique design, comprising two separate homes, one on the main level and the other on the second level. Each home within the duplex boasts a spacious living room, a dining room, an eat-in kitchen equipped with essential amenities for your cooking, two cozy bedrooms, and a well-appointed bathroom. The upstairs home features a delightful sunroom with a vaulted ceiling and skylights. Downstairs, in the living room, you'll find a cozy fireplace! Out the backyard, discover a charming deck for relaxing evenings and a two-car detached garage. The duplex's layout is ideal for those seeking a blend of communal living with individual privacy. Seize the opportunity now!
The median home value in Denver, CO is $576,000. This is higher than the county median home value of $531,900. The national median home value is $338,100. The average price of homes sold in Denver, CO is $576,000. Approximately 46.44% of Denver homes are owned, compared to 47.24% rented, while 6.33% are vacant. Denver real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Denver real estate agent to arrange a tour today!
Denver, Colorado 80204 has a population of 706,799. Denver 80204 is less family-centric than the surrounding county with 28.55% of the households containing married families with children. The county average for households married with children is 32.72%.
The median household income in Denver, Colorado 80204 is $78,177. The median household income for the surrounding county is $78,177 compared to the national median of $69,021. The median age of people living in Denver 80204 is 34.8 years.
The average high temperature in July is 88.9 degrees, with an average low temperature in January of 17.9 degrees. The average rainfall is approximately 16.7 inches per year, with 60.2 inches of snow per year.