Denver, CO 80204 2739 W 12th Avenue

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Presented By: REDT LLC; [email protected],720-255-4101
  • MLS# 5907008
  • 07/09/2024
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
  • Beds • 8
  • Baths • 4
  • SQFT • 2,456

Home Details

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.
Presented By: REDT LLC; [email protected],720-255-4101

Interior Features for 2739 W 12th Avenue

Bedrooms

Total Bedrooms8

Bathrooms

Total Baths4

Other Interior Features

Above Grade Finished Area2456
Basement (Y/N)No
Common Walls1 Common Wall
FlooringCarpet, Linoleum, Wood
Laundry FeaturesIn Unit

General for 2739 W 12th Avenue

Attached Garage No
Cap Rate6.9
Carport Spaces
CityDenver
Construction MaterialsBrick, Frame, Stucco, Wood Siding
CoolingNone
CountyDenver
Current UseLive/Work
Directions12th and Federal. From 6th Ave and Federal: South on 6th Ave to W Holden Pl, east 1 block, south to 12th Ave, east to property.
Elementary SchoolFairview
Elementary School DistrictDenver 1
ExclusionsTenant property.
Garage Spaces
Gross Income59671.59
HOANo
HeatingForced Air, Natural Gas
High SchoolNorth
High School DistrictDenver 1
LevelsOne
Middle/Junior High SchoolStrive Lake
Middle/Junior School DistrictDenver 1
Occupancy TypeTenant
Operating Expense23349.15
OwnerPaysElectricity, Gas, Water
Percent OwnershipIndividual
Property SubTypeDuplex
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerPublic Sewer
Standard StatusActive
StatusActive
Structure TypeDuplex
Subdivision NameSun Valley
Tax Annual Amount1889
Tax Year2018
TermsCash, Conventional, Private Financing Available
Year Built1894
ZoningC-MX-5

Exterior for 2739 W 12th Avenue

Building Area Total2456
Total Parking4

Additional Details

Price History

Schools

High School North High School
Middle School Strive Lake Middle School
Elementary School Fairview Elementary School

Worth Clark

Price $900,000
MLS#5907008
List Date 07/09/2024
Property Type Multi-Family
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