1035 W 12th Avenue

    Denver, CO 80204
    • $369,360
    • STATUS: Closed
    • ON SITE: 48 days
    • ID#: 3306756
    Sold - 12/18/2019
    $369,360
    SOLD - 12/18/2019
    • 3
      BEDS
    • 0.09
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    • 1,346
      SQFT
    • $274
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1890
    County:
    Area:

    School Information

    Elementary School:
    Middle School:
    High School:
    School District:
    Offered by Madison & Company Properties.

    Description

    Very high as-is cap rate w/ HUGE UPSIDE POTENTIAL! CORNER LOT Duplex in the continually improving & centrally located Lincoln Park neighborhood. 2 Blocks from the park, 1 mile to the light rail station & I-25, minutes to downtown Denver! Was rented out for $1500 (3 bedroom main floor) and $1400 (1 bedroom + office 2nd floor) as-is for a cap rate of over 9%!!!! Fixed up can rent for 1600-1900 per unit! Each unit has separate access. Large paved area in the back yard for private parking. Fully fenced & spacious back yard! LOW property taxes & NO HOA!! Best multi-unit investment you will find this year!

    Monthly Payment Calculator



    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

    www.yourdenverhomesource.com/homes/101633407

    1035 W 12th Avenue Denver, CO 80204

    • Price: $349,900
    • Status: Closed
    • Updated: 60 min ago
    • ID#: 3306756
    3
    Beds
    2
    Baths
    0
    ½ Baths
    0.09
    Acres
    1,346
    SQFT
    $274
    $/SQFT
    1890
    Built
    Neighborhood:
    Lincoln Park
    County:
    Denver
    Area:
    Denver
    Elementary School:
    Greenlee
    Middle School:
    Compass Academy
    High School:
    West
    School District:
    Denver 1
    Property Description
    Very high as-is cap rate w/ HUGE UPSIDE POTENTIAL! CORNER LOT Duplex in the continually improving & centrally located Lincoln Park neighborhood. 2 Blocks from the park, 1 mile to the light rail station & I-25, minutes to downtown Denver! Was rented out for $1500 (3 bedroom main floor) and $1400 (1 bedroom + office 2nd floor) as-is for a cap rate of over 9%!!!! Fixed up can rent for 1600-1900 per unit! Each unit has separate access. Large paved area in the back yard for private parking. Fully fenced & spacious back yard! LOW property taxes & NO HOA!! Best multi-unit investment you will find this year!
    Exterior Features

    Construction Materials Stucco Construction Methods Frame Exterior Features Covered DeckCovered PatioFenceYard Parking Reserved - Exclusive Use Only (2 Spaces) Off-Street (4 Spaces) Parking Total Searchable 6 Roof Composition Shingles Site Features Near Public Transit Structural Style Multi-Story Style Characteristics Up/Down

    Interior Features

    Basement Size None Cooling None Flooring CarpetVinyl/LinoleumWood Heating BaseboardForced Air Heating Fuel Gas Interior Features Eating Space / Kitchen Kitchen Appliances Refrigerator (Kitchen)Stove/Range/Oven Per Unit Features Assigned Parking Sq Ft Above 1346 Sq Ft Finished 1346

    Property Features

    Additional Information Agent OwnerFix-UpIncome PotentialQuick Move-InQuick Possession Annual Expense Actual 0 Annual Expense Proj 3943 Annual Income Actual 0 Annual Income Proj 36000 Annual Net Income Actual 0 Annual Net Income Proj 32057 Building Type Duplex (All Units) Capitalization Rate 9.20 Capitalization Rate Calculation Net Income: $32057 / $350000 Contingent Approval Conditions None Known Has Hoa YN No Listing Financing CashConventional Number Of Units Furnished 0 Number Of Units Vacant 2 Potential Rental Income Annual 36000 Seller Type Individual Status Conditions None Known Tax Amount 1943.00 Tax Year 2018 Transaction Type For Sale Unit Count 2 Zoning U-Tu-B

    Listing courtesy of Madison & Company Properties: MLS #3306756


    Licensed in the State of Colorado, USA

    The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO®. Real estate listings held by brokers other than The Griffith Home Team | Re/Max Professionals are marked with the IDX Logo. This information is being provided for the consumers’ personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

    1. This publication is designed to provide information regarding the subject matter covered. It is displayed with the understanding that the publisher and authors are not engaged in rendering real estate, legal, accounting, tax, or other professional services and that the publisher and authors are not offering such advice in this publication. If real estate, legal, or other expert assistance is required, the services of a competent, professional person should be sought.

    2. The information contained in this publication is subject to change without notice. METROLIST, INC., DBA RECOLORADO MAKES NO WARRANTY OF ANY KIND WITH REGARD TO THIS MATERIAL, INCLUDING, BUT NOT LIMITED TO, THE IMPLIED WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. METROLIST, INC., DBA RECOLORADO SHALL NOT BE LIABLE FOR ERRORS CONTAINED HEREIN OR FOR ANY DAMAGES IN CONNECTION WITH THE FURNISHING, PERFORMANCE, OR USE OF THIS MATERIAL.

    3. PUBLISHER’S NOTICE: All real estate advertised herein is subject to the Federal Fair Housing Act and the Colorado Fair Housing Act, which Acts make it illegal to make or publish any advertisement that indicates any preference, limitation, or discrimination based on race, color, religion, sex, handicap, familial status, or national origin.

    4. METROLIST, INC., DBA RECOLORADO will not knowingly accept any advertising for real estate that is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.

    5. ALL RIGHTS RESERVED WORLDWIDE. No part of this publication may be reproduced, adapted, translated, stored in a retrieval system or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, or otherwise, without the prior written permission of the publisher. The information contained herein including but not limited to all text, photographs, digital images, virtual tours, may be seeded and monitored for protection and tracking.

    © 2020 METROLIST, INC., DBA RECOLORADO® – All Rights Reserved 6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA

     
    The Griffith Home Team | Re/Max Professionals
    9200 E. Panorama Circle, Unit 140
    Englewood CO, 80112
    Offered by Madison & Company Properties.