2275 S Cherokee Street
Denver, CO 80223

$1,000,000

Description

4-2 bed 1 bath units plus a 1 bedroom, 1 bath, 5 units total. 12,500 sqft lot (2 double lots). Great value in land and buy and hold. Located in "hot" South Broadway. 1 block from light rail, walk to restaurants, etc. Area is changing with scrape and rebuilds throughout the neighborhood, lots of new development. HOT AREA! Full remodel-new units, wood floors, appliances, fixtures, paint, etc. 2 car garage, new driveway, electrical panels, new fence. Partially tenant occupied but can be delivered with renters and fully occupied.Vacant units available to show. Occupied units by appointment. Rents will be $1,600 per 2 bed unit and $1,000 for the 1 bedroom. 2 car garage is rented at $200 per month for additional revenue.

Details

MLS#6582792
StyleIndustrial
Sub-TypeResale
StatusUnder Contract
Year1954
Days On Site11

Features

SQ Feet3,738
Story(s)1
Units4
ZoningU-TU-C

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Area Information

StateCO
CountyDenver
CityDenver
Zip Code80223
AreaDenver
Listing VS Median (in 80223)
Price:
$1,000,000
low | high
Med:
$425,000
100% of Average
SqFt:
3,738
low | high
Med:
1,175
100% of Average
$ / SqFt:
$268
low | high
Med:
$362
14.795744680851% of Average
On Site:
11
low | high
Med:
129
8.527131782946% of Average
Listing Updated: 07/18/2019
MLS Number: 6582792
Listing Provided By:
Zack Kobilca  of  Denver Realty Group
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