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$1,500,000
New Listing

1200 E 24th Avenue
Denver, CO 80205

For Sale|Multi Family|Active
0
Beds
0
Total Baths
3,101
SqFt
$484
/SqFt
1945
Built
County:
Denver
Call Now: 720.408.7409
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720.408.7409
1200 E 24th Avenue1200 E 24th Avenue1200 E 24th Avenue1200 E 24th Avenue
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Tremendous opportunity on a very unique situation! This listing includes both 2344/2346 Downing Street & 1200-1206 E 24th Ave. Two separate legal parcels allow you to get two conventional (even FHA) loans and two insurance policies offering better rates and terms than commercial products. You could sell the parcels separately or go one step further and sell each unit individually through a party wall split. However, this also makes a great hold! Offered at over a 5.8% cap rate on actual numbers, this turnkey asset boasts 2 to 1 parking, WA/DR in each unit, separate hot water heaters and HVAC systems. (5 of the 6 have central air) Large lot that would allow you to build additional units through an ADU. Long term tenants who pay their own electric and gas. Ideally located close to downtown, Rino, RTD, parks, shopping, restaurants, etc.

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Listing Snapshot
Price 
$1,500,000
Days On Site 
0 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,101 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.29 Acres
Year Built 
1945
MLS® Number 
4895373
Status 
Active
Property Tax 
$4,618
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 hours agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Acres 
0.29
Additional Property Use 
Multi-Family
Number Of Stories 
1
Parking Spaces 
12
Property Sub Type 
Multi Family
Security 
Carbon Monoxide Detector(s)Smoke Detector(s)
Sewer 
Public Sewer
SqFt Total 
3101
Style 
Traditional
Utilities 
Natural Gas AvailableElectricity ConnectedNatural Gas ConnectedPhone ConnectedSewer Connected
Water Source 
Public
Zoning 
U-SU-B1
Interior Features
Electric 
220 Volts
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Exterior Features
Construction Details 
Brick
Lot Features 
Corner LotNear Public Transit
Roof 
Composition
Community Features
Financing Terms Available 
CashConventional
Roads 
Alley PavedPaved
Listing courtesy of Synergy Associates Inc matt-moon@comcast.net



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 Synergy Associates Inc 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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