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$597,000 - 2021-2025 Irving Street, Denver

7
Bedrooms
3
Baths
3,360
SQ. Feet
0.18
Acres

Great cash flow investment or redevelopment project. Large 7800 sq.ft. lot with side alley and back alley. Currently renting for $3435/month. Potential to go to $3845/month or more. Positive cash flow at today's rental rates of about $600/month after PITI with 20% down, 4.25% interest rate, water, and maintenance paid. Potential of $1000/month positive cash flow if rents are raised. Unit 2025 has been rented by same family for 23 years. They will be out the end of March and rents can be increased substantially. 2 3-bedroom units and 1 1-bedroom unit. Basement units don't have conforming windows. The property is zoned for 2 units but it is grandfathered in as a 3 unit. Please check with the county if you are considering building any homes on the lot. Buyer must confirm all measurements themselves. Square footage figures shown include the basements in units 2023 and 2025. 2021 is a basement unit.

The Kentwood Company

Essential Information

  • MLS® #:
    6365736
  • Price:
    $597,000
  • Bedrooms:
    7
  • Bathrooms:
    3.00
  • Square Footage:
    3,360
  • Acres:
    0.18
  • Type:
    Income
  • Sub-Type:
    Income
  • Style:
    Ranch/1 Story
  • Status:
    Sold

Community Information

  • Address:
    2021-2025 Irving Street
  • Subdivision:
    SLOANS LAKE
  • City:
    Denver
  • County:
    Denver
  • State:
    CO
  • Zip Code:
    80211

Amenities

  • Parking Spaces:
    4

Interior

  • Interior Features:
    Eating Space / Kitchen
  • Appliances:
    Refrigerator (Kitchen), Stove/Range/Oven
  • Heating:
    Forced Air
  • Cooling:
    Ceiling Fan

Exterior

  • Exterior Features:
    Covered Patio, Fence, Utility Shed, Yard
  • Lot Description:
    7810.00
  • Roof:
    Other
  • Construction:
    Brick

School Information

  • District:
    Denver 1
  • Elementary:
    Brown
  • Middle:
    Lake
  • High:
    North

Additional Information

  • Zoning:
    U-TU-C

Terms and Conditions: The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange ("IDX") program of METROLIST, INC., DBA RECOLORADO® Real estate listings held by brokers other than RE/MAX Alliance are marked with the IDX Logo. This information is being provided for the consumers personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently verified.

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Listing information last updated on December 10th, 2016 at 1:49pm MST.