831-835 S Washington new to site

Denver,CO 80209

$ 1100000

- Bed

- Bath

- SqFt


Key Details

Property Type Vacant Land

Sub Type Improved Land

Listing Status Active

Purchase Type For Sale

Subdivision Washington Park West

MLS Listing ID 2245202

HOA Y/N No

Originating Board recolorado

Annual Tax Amount $5,264

Tax Year 2024

Lot Size 6,098 Sqft

Acres 0.14

Lot Dimensions 50 x 125 sqft

Property Sub-Type Improved Land

Property Description

Exceptional duplex development opportunity with potential for immediate cash flow! Seize this rare opportunity to build a brand-new duplex in the highly sought-after West Wash Park and unlock the potential for both immediate rental income and long-term property appreciation. The architectural plans have been meticulously crafted with attention to detail and are in the final stages of the permitting process, ensuring a smooth and expedited construction timeline. This advanced stage of planning minimizes potential delays and allows you to embark on your construction journey with confidence. With permits nearly finalized, you're poised to break ground and start building equity soon. Each unit of this duplex has been thoughtfully designed to offer luxurious living and modern amenities, creating an inviting and sophisticated ambiance. Open floor plans, 4 beds, 5 baths, fully finished basements, decks with incredible mountain views. Build estimates for these plans start at $1.6M. Do you prefer to start from scratch and use your own plans? Each side of the existing duplex was rented for $2100 a month before the tenant's leases ended last month. and rent out the other to generate substantial cash flow, potentially covering a significant portion of your mortgage and living expenses. This presents an ideal scenario for savvy investors and homeowners alike, offering a harmonious blend of comfortable living and financial prosperity. One block from Wash Perk Cafe. One block from Lincoln Elementary. Five short blocks to Wash Park. Contact the listing agent for more information.

Location

State CO

County Denver

Zoning U-SU-B

Interior

Fireplace N

Exterior

Garage Spaces 2.0

Fence Full

View City,Mountain(s)

Total Parking Spaces 2

Garage No

Building

Lot Description Level

Sewer Public Sewer

Water Public

Schools

School District Denver 1

Others

Ownership Individual

Acceptable Financing 1031 Exchange,Cash,Other

Listing Terms 1031 Exchange,Cash,Other

Special Listing Condition None

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