Denver, CO 80204,3121 W 17th

$825,000

$874,000

5.6%
Est.Price: ?

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Est. payment /mo

5 Beds

2 Baths

1,894 SqFt


SOLD DATE : 03/21/2024

Key Details

Sold Price $825,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,894 sqft

Price per Sqft $435

Subdivision Sloan'S Lake

MLS Listing ID 6791795

Sold Date 03/21/24

Bedrooms 5

HOA Y/N No

Abv Grd Liv Area 1,894

Originating Board recolorado

Year Built 1953

Annual Tax Amount $2,900

Tax Year 2022

Lot Size 5,662 Sqft

Acres 0.13

Property Description

Welcome to an outstanding real estate opportunity conveniently nestled near the picturesque SLOAN'S LAKE and near (0.2 mi) EMPOWER FIELD at Mile High, home to our beloved Denver Broncos and just 4 blocks from Sloan Lake. This property, located in one of the city's most sought-after neighborhoods, offers a unique blend of location, versatility, and potential.

This expansive property consists of two distinct units: Unit "A" features THREE BEDROOMS and one bathroom, while Unit "B" offers TWO BEDROOMS and one bathroom PLUS DEN, each unit with its own separate entrances. This arrangement is perfect for anyone seeking to maximize their investment by hosting long-term or (AIRBNB or VRBO) short-term rentals to help offset mortgage costs. Currently, the back unit is already rented, providing IMMEDIATE INCOME.

According to the Denver Zoning Code, what truly sets this property apart is its zoning status. It falls under the G-MU-3 zoning, allowing for a variety of future development possibilities with a maximum building height of three stories. This opens up the potential for compelling opportunity for future development or garage conversion for an additional unit.

Furthermore, ample parking space is available, thanks to a spacious 3-CAR GARAGE that is currently not rented and FOUR OFF-STREET parking spots. Whether you're an investor looking for a lucrative venture or a homeowner with a vision, this remarkable opportunity is not to be missed.

Location

State CO

County Denver

Zoning G-MU-3

Rooms

Basement Crawl Space

Interior

Interior Features Ceiling Fan(s), No Stairs

Heating Forced Air

Cooling Air Conditioning-Room, Central Air

Flooring Vinyl

Fireplace N

Appliance Dishwasher, Disposal, Dryer, Gas Water Heater, Oven, Refrigerator, Washer

Laundry In Unit

Exterior

Exterior Feature Private Yard

Garage Concrete, Oversized, Tandem

Garage Spaces 3.0

Fence Partial

Utilities Available Electricity Available, Natural Gas Available, Phone Available

View City

Roof Type Composition

Total Parking Spaces 7

Garage No

Building

Lot Description Landscaped, Near Public Transit

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Brick,Frame,Vinyl Siding

Schools

Elementary Schools Cheltenham

Middle Schools Skinner

High Schools North

School District Denver 1

Others

Senior Community No

Ownership Individual

Acceptable Financing 1031 Exchange, Cash, Conventional, FHA, VA Loan

Listing Terms 1031 Exchange, Cash, Conventional, FHA, VA Loan

Special Listing Condition None

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REColorado (REColorado MLS)
Listed by Keller Williams Realty Urban Elite • tia@tdjonesproperties.com,720-722-1875
Bought with ACTION PROPERTIES INC
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