$2,800/MONTH RENT. $220,000 PRICE. I dare you to find better than that. Approx. $23,500 annual net income at current occupancy, with a long-term tenant in place who intends to stay. Renovated units here are still selling around $235K-$255K in this softer market and sold above $275K just a few years ago. Hold the huge rent now. Remodel and sell later when the timing makes sense. Nearly 1,200 SF, 3 BR, 2 BA, fireplace and 2 assigned parking spaces. These places are golden after a remodel. 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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