$1,400/MONTH RENT. $109,964 PRICE. Approx. $12,303 annual net income with a long-term tenant in place. Yes, it's only 482 SF-but that's exactly why the basis is this low. 1 BR, 1 BA in a well-kept community with mature trees, green space and a strong location. Hold the cash flow now, then renovate and sell later when the tenant eventually moves out. With a solid owner-occupant presence in this community, there's real resale upside after a smart remodel. Small condo. Small price. Strong little investment. PHOTOS ARE EXAMPLES ONLY and are not representative of the current condition of this tenant-occupied unit.
Listing courtesy of Matthew Collins.
Matt@DenverRealtyGuru.com,720-266-8040
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