$1,525,000
$1,640,000
7.0%For more information regarding the value of a property, please contact us for a free consultation.
7 Beds
4 Baths
3,056 SqFt
SOLD DATE : 08/12/2020
Key Details
Sold Price $1,525,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,056 sqft
Subdivision Cherry Creek
MLS Listing ID 7296599
Sold Date 08/12/20
Style Foursquare/Denver Square,Ranch
Bedrooms 7
HOA Y/N false
Abv Grd Liv Area 3,056
Originating Board REcolorado
Year Built 1951
Annual Tax Amount $7,552
Lot Size 8,712 Sqft
Acres 0.2
Property Description
Rare opportunity for residential development in Cherry Creek North. Nestled among $2M+ new construction townhouses and single-family homes, this future development site offers the unique opportunity to generate income while development plans are being made, or to buy and hold for cash flow. Rents are currently below market rate and could easily be increased. Detached alley loading garages. Units have been well maintained and are in good condition. The site is zoned G-RH-3 with view plane easement for future development, call listing agent with questions regarding easement.
Location
State CO
County Denver
Area Metro Denver
Zoning G-RH-3
Direction Cherry Creek North - 4th and Garfield
Rooms
Basement Full, Daylight
Interior
Heating Forced Air
Exterior
Garage Spaces 4.0
Fence Fenced
Utilities Available Natural Gas Available
View City
Roof Type Composition
Street Surface Paved
Porch Patio
Building
Story 1
Level or Stories One
Structure Type Brick/Brick Veneer,Block
New Construction false
Schools
Elementary Schools Steck
Middle Schools Hill
High Schools George Washington
School District Denver 1
Others
Senior Community false
SqFt Source Assessor
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Bought with Wild & Mild Homes LLC
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