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240 S Canosa Ct Denver, CO 80219
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Key Details
Sold Price $900,000
Property Type Single Family Home
Sub Type Income Property
Listing Status Sold
Purchase Type For Sale
Square Footage 3,242 sqft
Subdivision Alameda Heights
MLS Listing ID 8880850
Sold Date 03/17/23
Style Contemporary/Modern,Ranch
Bedrooms 7
HOA Y/N false
Abv Grd Liv Area 3,242
Originating Board REcolorado
Year Built 1962
Annual Tax Amount $2,951
Lot Size 6,534 Sqft
Acres 0.15
Property Description
Prime Investment opportunity! Check out the Denver area west and stadium master district plan to see all the exciting redevelopment opportunities for the area. There are 2 brand new apartment complexes being built within 1/4 mile of the property with even more in the planning stages with the city. The area is seeing rapid rental rate growth!
The property is separated out as a 1 bed/1.5 bath, and two (2) 3 bedroom/1 bath units. From top to bottom this has been remodeled to include new landscaping, fresh paint, new flooring, new appliances, updated bathrooms and bedrooms.
2 of 3 units are currently occupied providing the option to house hack! The seller is open to execute a leaseback at market rate upon sale of the property.
The seller is also open to creative financing opportunities including an assumption of current LOW RATE VA Mortgage. Loan is assumable by vets/ non-vets. The seller is also open to carrying a portion of the difference between the assumption and purchase price. Terms negotiable.
Come check out this hassle free property listed at a true 6.1 cap rate and reap the benefits as the area sees massive redevelopment.
Location
State CO
County Denver
Area Metro Denver
Zoning E-TU-C
Rooms
Basement Full
Interior
Heating Forced Air, Heat Pump
Cooling Central Air
Appliance Dishwasher, Refrigerator, Washer, Dryer, Freezer
Exterior
Garage Spaces 3.0
Fence Fenced
Utilities Available Electricity Available, Cable Available
Waterfront false
Roof Type Composition
Handicap Access Level Lot
Building
Lot Description Level
Story 1
Sewer City Sewer, Public Sewer
Water City Water
Level or Stories One
Structure Type Stucco
New Construction false
Schools
Elementary Schools Valverde
Middle Schools West Denver Prep
High Schools West
School District Denver 1
Others
Senior Community false
Special Listing Condition Private Owner
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Bought with NON MLS PARTICIPANT
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