1200 E 24th Avenue

Denver, CO 80205
Square Ft.
3,101
$1,500,000
Tremendous opportunity with this very unique situation! This listing includes both 2344/2346 Downing Street & 1200-1206 E 24th Ave. Two separate legal parcels allow you to get two conventional (even FHA) loans and two insurance policies offering better rates and terms than commercial products. You could sell the parcels separatelyRead MoreRead Less
Courtesy of Synergy Associates Inc Matt Moon [email protected]
Listing Snapshot
Days Online
60
Last Updated
Property Type
Multi Family
Square Ft.
3,101
Lot Size
0.29 Acres
Year Built
1945
MLS Number
4895373
30 Days Snapshot Of 80205
$654k
+9%
(avg) sold price
35
+59%
homes sold
56
-54%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Road Frontage Type: "Public", Road Responsibility: "Public Maintained Road", Road Surface Type: "Alley Paved", "Paved"
Building
Architectural Style: "Traditional", Construction Materials: "Brick", Effective Year Built: 2020, Occupant Type: Tenant, Stories: 1, Structure Type: "Free Standing", Total Area: 3101, Unit Count: 1, Unit Types: "Array", Units Furnished Total: 0, Built in 1945, 6 total units
Disclosures
Exclusions: Tenants' personal possessions
Expenses
Operating Expense Includes: "Accounting", "Advertising", "Insurance", "Maintenance", "Real Estate Tax", "Utilities", Operating Expense: $22,798, Projected Annual Expense: $22,798
Home Owner's Association
Association Fee Total Annual: $0, Association Fee Annual: 0.00, Association Fee 2 Annual Expense: 0.00, Association Fee 3 Annual Expense: 0.00
Income
Actual Annual Net Income: 87327.00, Gross Income: $110,125, Projected Annual Net Income: $87,722, Projected Gross Income: $110,520
Lot
Acres: 0.29, Area: 12668, Features: "Corner Lot", "Near Public Transit", Parcel Number: 2352-20-001, Square Feet: 12668
Energy Saving
Green Verification Count: 0
Owner Pays
Owner Pays: "Taxes", "Trash Collection", "Water"
Parking
Parking Total: 12, Carport Spaces: 0, Offstreet Spaces: 12, Reserved Spaces: 0, RV Spaces: 0, Parking Count: 1, Parking Ratio: 2:1
Property
Current Use: "Multi-Family", Property Sub Type: Multi Family, Zoning: U-SU-B1
Roof
Roof: "Composition"
Security Features
Features: "Carbon Monoxide Detector(s)", "Smoke Detector(s)"
Sewer
Sewer: "Public Sewer"
Taxes
Annual Amount: 4618, Legal Description: NURSERY ADD BLK 32 L1 TO 4 INC EXC W 86FT OF L3 & 4 & EXC W86FT OF S 3FT OF L2 AND W 86FT OF L 3 & 4 & OF S 3FT OF 2 BLK 32 NURSERY ADD, Tax Year: 2024
Tenant Pays
Tenant Pays: "Cable TV", "Electricity", "Gas", "Internet", "Telephone"
Utilities
Electric: "220 Volts", Power Production Count: 0, Utilities: "Electricity Connected", "Natural Gas Connected", "Phone Connected", "Sewer Connected", Water Included, Water Source: "Public"
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Sarah Lassen
Broker, Owner
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Listings courtesy of METROLIST, INC., DBA RECOLORADO® as distributed by MLS GRID, based on information submitted to the MLS GRID as of . Information is provided exclusively for consumers' personal noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may be listed or sold by various participants in the MLS, who may not be the office/agent presenting the information.