About 2739 W 12th Avenue
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.
Features of 2739 W 12th Avenue
| MLS® # | 5907008 |
|---|---|
| Price | $900,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Square Footage | 2,456 |
| Acres | 0.00 |
| Year Built | 1894 |
| Type | Residential Income |
| Sub-Type | Duplex |
| Status | Active |
Community Information
| Address | 2739 W 12th Avenue |
|---|---|
| Subdivision | Sun Valley |
| City | Denver |
| County | Denver |
| State | CO |
| Zip Code | 80204 |
Amenities
| Parking Spaces | 4 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Forced Air, Natural Gas |
|---|---|
| Cooling | None |
| Fireplace | No |
| Stories | One |
Exterior
| Roof | Composition |
|---|
School Information
| District | Denver 1 |
|---|---|
| Elementary | Fairview |
| Middle | Strive Lake |
| High | North |
Additional Information
| Date Listed | July 9th, 2024 |
|---|---|
| Zoning | C-MX-5 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | REDT LLC |
|---|