2739 W 12th Avenue
Denver, CO 80204

Description

EXCELLENT OPPORTUNITY ZONE INVESTMENT! Duplex property located in Sun Valley Neighborhood, located in an opportunity zone with CMX-5 zoning! Property is currently rented with two leases, that cash flows $35,250 annually. Each tenant has 4-bedroom Section 8 Vouchers, and rent payments are guaranteed on the first of the month via direct deposit ($4,233 per month). Property has been stabilized for 3 years straight and is great for cash flow while future development entitlements are finalized.

Details

MLS#7986868
StyleIndustrial
Sub-TypeResale
StatusActive
Year1894
Days On Site84

Features

SQ Feet2,456
Story(s)1
Units2
ZoningC-MX-5

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80204
AreaDenver
Listing VS Median (in 80204)
Price:
$830,000
low | high
Med:
$541,950
84.704819277108% of Average
SqFt:
2,456
low | high
Med:
1,201
100% of Average
$ / SqFt:
$338
low | high
Med:
$531
7.211619452971% of Average
On Site:
84
low | high
Med:
283.500000
29.62962962963% of Average
Listing Updated: 05/22/2019
MLS Number: 7986868
Listing Provided By:
Paul Ko  of  REDT LLC
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