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2232 S Franklin Street, Denver, CO, 80210

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Listing Provided Courtesy of TJC REAL ESTATE

2232 S Franklin Street, Denver, CO, 80210

4 Beds
2 Baths
1,918 SqFt
0.14 Acres

Listing Id

REC9865996
$800,000

What an opportunity. Fully rented DU property with tons of possibilities for the beginner or expert investor. Live in half when lease is up and rent to supplement? Take advantage of the expensive and steady DU rental market? Do either for x amount of time and then plan on rolling with the trends of pop-topping/scraping for land value in this multi-million dollar neighborhood. Location is prime, light rail, Harvard Gulch park/golf course, restaurants and social life galore all walkable. Long term renters in place are willing to talk about either staying or living out their lease. Property has been professionally managed and that can either end with the sale or if buyer prefers to stay on. Rents are $1695 and $1495, probably ready for an increase and any improvements to the property could even make that higher. And there are several examples of new builds on the block and in the area to justify new build costs.
Don’t just look at this for the CAP number or land value, both are viable strategies. Just hurry up and get it and let the neighborhood work it’s magic to make your investment be sound regardless of where the future takes you and this property.
NO SHOWINGS OF THIS PROPERTY OUTSIDE OF ONE TIME SHOWING TIME SATURDAY APRIL 13th FROM 12 to 3.

Property Details
Price:
$800,000
MLS #:
REC9865996
Status:
Active
Beds:
4
Baths:
2
Address:
2232 S Franklin Street
Type:
Duplex
Structure:
Duplex
Subdivision:
DU/University/Platt Park
City:
Denver
State:
CO
Finished Sq Ft:
1,876
Total Sq Ft:
1,918
ZIP:
80210
Lot Size:
6,250 sqft / 0.14 acres (approx)
Year Built:
1955
Interior
Appliances
Dishwasher, Dryer, Microwave, Oven, Refrigerator, Self Cleaning Oven
Cooling
None
Flooring
Carpet, Laminate, Wood
Heating
Forced Air
Laundry Features
Main Level
Exterior
Architectural Style
Traditional
Construction Materials
Wood Siding
Parking Spots
3
Roof
Composition
Schools
School District:
Denver 1
Elementary School:
Asbury
Middle School:
Grant
High School:
South
Financial
Buyer Agent Compensation
2.8%
Tax Year
2022
Taxes
$2,867

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2232 S Franklin Street
Denver, CO