4399 Claude Court, Denver, CO 80216

$225,000
List Price
$225,000
Type
Land
Status
ACTIVE
MLS Number
5200107
Lot Size (sqft)
4,792
Lot Size (acres)
0.11
Subdivision
South Elyria
Sub-Area
South Elyria

Property Description

OPPORTUNITY ZONE DEVELOPMENT. This is concept approved for a new 3-unit build in the hottest and fasting growing area of Denver. Great for an investor looking to capitalize on those extra tax incentives. See associated docs for the Site Plan, Floor Plans, and Exterior Renderings The existing house on the site plan has been fenced off and is not part of the land sale. It is currently rented and FOR SALE separately as well (see below information on the house) please do not disturb the tenants. Address: 4359 Claude Ct ----------- 3 brand new fully renovated units in the hottest and fasting growing area of Denver. Each unit is currently rented and the property comes fully furnished! This is a cash cow investment property with maintenance and hassle free management! Current 7.8% cap with actuals! Projected 9%+ with STR license. Immediate cash flow with long term upside. Perfect for the house hacker or seasoned investor. Current rents are: Unit 1 - $1,650 Unit 2 - $1,500 Unit 3 - $1,350 Please call the listing agent with any questions

Additional Information

Taxes
$1
School District
Denver 1
Zoned
I-A
Type
ImprovedLand
Sewer
Public Sewer
Sewer
Public Sewer

Courtesy of Feder Commercial Realty Advisors LLC

Mortgage Calculator

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Calculator source: Real Geeks

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