2354-2356 South Cherokee Street Denver, CO $ 490,000
2354-2356 South Cherokee Street
$ 490,000
Recently Listed

2354-2356 South Cherokee Street Denver, CO, 80223

$ 490,000
Bedrooms 4 Baths-- Sq 1,416

Monthly Estimate*

$ 1,900

How much can I afford?
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Multi-Family Home for sale in Denver, CO

for $490,000 with 4 bedrooms. This 1,416 square foot home was built in 1954 on a lot size of 0.14 Acre(s).

Side-by-side duplex - great investment property in Rosedale. Take one of two approaches: rental or fix and flip!1. Rental Property: current tenants are paying $1900/mth combined, but market rents are $2600/mth combined. OR, you could fix it up and charge about $3000/ mth! 2. Fix and flip: Suggested rehab of $65, 000; then legally subdivide and sell two sides separately. Appraisal in 2018 estimated ARV of $342, 000 per side, or $684, 000 total! Analysis estimates profit of $80, 000 - $160, 000; analysis available upon request.One unit is currently on a month to month lease, the other unit's lease expires this March, 2019.Profitable property either way you look at it!

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Multi-Family Active

Price

$ 490,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 1,955

Style

Bungalow

Lot Size

0.14 Acre(s)

Year Built

1954

Town/City

Denver

County/Region

Denver

MLS | Web ID

4766529

Features
Interior
Heating Source Gas
Heating System Forced Air
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Exterior
Construction Brick
Garage Carport(s)
Parking 1 Car Parking
Roof Composition Shingles
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Rental
Landlord Pays Taxes Trash/Garbage Pickup Water
Tenant Pays Cable Electric Gas Other Expenses Phone
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* Excluded Features
List By

Listing Agent

Your Castle Realty Llc

Broker


Affordability

$ 2,063 per month
Get Pre-Approved
Monthly Principal & Interest
$1,900
Monthly Property Taxes
$163
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby
Denver 1 School District
Asbury Elementary School
Grant Middle School
South High School

Map


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2354-2356 South Cherokee Street, Denver, CO, 80223 is a Multi-Family Home for sale at $490,000 with 1,416 sqft and a lot size of 0.14 Acre(s). 2354-2356 South Cherokee Street has 4 bedroomsThe property's zip code is 80223 which is in Denver, CO