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1282 Yates Street,  Denver CO, 80204 ( Sold )

  • Sold Price:
    $517,000
  • 09/20/2016

MLS# 5312872
|
7 beds, 3 baths
Source:REcolorado

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Listing Provided Courtesy Of: LIVE URBAN REAL ESTATE
Last Updated: 12/10/2016 2:37 AM
Description for 1282 Yates Street,  Denver CO, 80204
Amazing opportunity in hot West Colfax. Corner, triple lot with over 9,000 square feet and alley access. Currently a triplex that rents so quickly you only have to do an open house. Great tenants already in place and the property produces significant cash flow. So close to the lightrail you can skip there, it's within one block of the Sheridan and 10th light rail station, 5 blocks from spectacular Sloan's Lake, a short walk to the St. Anthony's redevelopment, one block off the gulch, beautiful mountain views. Zoned U-RH-3A, leaving tons of possibilities and flexibility for redevelopment. Back neighbor has already scraped and is planning redevelopment. West Colfax is popping! There are several hot projects throughout this neighborhood with sales prices reaching above 500k new construction and soon higher. Take your time and cash flow while you determine your strategy to maximize this excellent investment opportunity.
Price
Sold Price:
$517,000
Sold Date:09/20/2016
West Colfax
Denver
7
3
3,243 (approx)
5312872
Sold
Description
Amazing opportunity in hot West Colfax. Corner, triple lot with over 9,000 square feet and alley access. Currently a triplex that rents so quickly you only have to do an open house. Great tenants already in place and the property produces significant cash flow. So close to the lightrail you can skip there, it's within one block of the Sheridan and 10th light rail station, 5 blocks from spectacular Sloan's Lake, a short walk to the St. Anthony's redevelopment, one block off the gulch, beautiful mountain views. Zoned U-RH-3A, leaving tons of possibilities and flexibility for redevelopment. Back neighbor has already scraped and is planning redevelopment. West Colfax is popping! There are several hot projects throughout this neighborhood with sales prices reaching above 500k new construction and soon higher. Take your time and cash flow while you determine your strategy to maximize this excellent investment opportunity.
Listing Information
Property Type: Triplex
Multi Level 7
3 0.21 Acres
9,050 3,243 (approx) $159.42
1953
West Colfax
3,243 Sq. Ft. (approx)
3 Total
Neighborhood
School Information
District: Denver 1
COLFAX LAKE INT'L NORTH
Interior Features
Gas Heat
Partial, Walkout
Exterior / Lot Features
4 Parking Spaces
Mountain
U-RH-3A
Financial Considerations
5062-00-059
$1,497
2014
Listing Price History

Denver Real Estate

Denver is located in Colorado. Denver, Colorado 80204 has a population of 604,356.

The median household income in Denver, Colorado 80204 is $49,091. The median household income for the surrounding county is $49,091 compared to the national median of $53,046. The median age of people living in Denver 80204 is 33.7 years.

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Courtesy: LIVE URBAN REAL ESTATE
Copyright © 2016 REcolorado. All rights reserved. Information is deemed reliable but is not guaranteed.

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