Denver, CO 80204 2741 W 12th Ave
$800,000
17 more
Presented By: REDT LLC; nathan@redTHomes.com,720-255-4101
Beds • 8
Baths • 4
SQFT • 2,456
Garage • 4
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; nathan@redTHomes.com,720-255-4101
Interior Features for 2741 W 12th Ave
Bedrooms
Total Bedrooms8
Bathrooms
Total Baths4
Other Interior Features
LivingAreaSourceAssessor
Above Grade Finished Area2456
Air Conditioning Y/NNo
Fireplace Y/NNo
Heating Y/NYes
General for 2741 W 12th Ave
Architectural StyleRanch
Attached Garage No
Cap Rate6.9
CityDenver
Construction MaterialsWood/Frame, Brick/Brick Veneer, Stucco, Wood Siding
CountyDenver
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.
ElectricSeparate Meter Electricity
Elementary SchoolFairview
ExclusionsTenant property.
Garage Spaces4
Garage Y/NYes
Gas Y/NNatural Gas, Separate Meter Gas
Gross Income59671.5898
HOANo
HeatingForced Air
High SchoolNorth
High School DistrictDenver 1
Land Lease Y/NNo
LevelsOne
Living Area UnitsSquare Feet
Lot Size UnitsSquare Feet
MLS AreaMetro Denver
Middle/Junior High SchoolStrive Lake
Net Operating Income36322.5898
New ConstructionNo
Number Of Units Total2
Operating Expense23349.1504
Possible UseCommercial
Property Attached Y/NNo
Property ConditionNot New, Previously Owned
Property SubtypeIncome Property
Property TypeResidential Income
RoofComposition
Senior Community Y/NNo
SewerCity Sewer, Public Sewer
Standard StatusActive
StatusActive
Stories1
Structure TypeDuplex
Subdivision NameSun Valley
Tax Annual Amount1889
Tax Year2018
UtilitiesNatural Gas Available
Waterfront Y/NNo
Year Built1894
ZoningC-MX-5
Exterior for 2741 W 12th Ave
Building Area Total2456
Covered Spaces4
Horse Y/NNo
Other ParkingParking Per Unit(2 Spaces/Unit)
SpaNo
Additional Details
Price History
Schools
High School
North High School
Middle School
Strive Lake Middle School
Elementary School
Fairview Elementary School
