2232 S Franklin Street Denver, CO $ 800,000
2232 S Franklin Street
$ 800,000
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2232 S Franklin Street

Denver, CO, 80210
$ 800,000
Bedrooms4 Baths2.0 Sq 1,918

Monthly Estimate*

$ 5,317

Listed by TJC REAL ESTATE
2232 S Franklin Street, Denver, CO 80210 - Image 1

Multi-Family Home for sale in Denver, CO

for $800,000 with 4 bedrooms and 2 full baths. This 1,918 square foot home was built in 1955 on a lot size of 0.14.

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.

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Multi-Family Active

Price

$ 800,000

Bedrooms

4

Full Bath

2

Property Type

Multi-Family

Taxes

$ 2,867

Style

Traditional

Lot Size

0.14

Year Built

1955

Town/City

Denver

County/Region

Denver

MLS | Web ID

9865996

Features
General
Sewer Public Sewer
Heating Forced Air
Cooling None
Roof Composition
Appliances Dishwasher Dryer Microwave Oven Refrigerator Self Cleaning Oven
Zoning U-SU-C
Garage Spaces 1
Patio/Porch Features Front Porch
Architectural Style Traditional
Construction Materials Wood Siding
Exclusions tenants possessions.
Year Built 1955
Electric 110V
Tenant Pays Cable TV Electricity Gas Internet Telephone Water
Levels One
Property SubType Duplex
Tax Year 2022
Percent Ownership Corporation/Trust
Gross Income 38280
County Denver
Operating Expense 6695
Property Type Residential Income
HOA / Comm Assn N
Attached Garage N
Subdivision Name DU/University/Platt Park
Facing Direction West
Status Active
High School South
City Denver
Buyer Agent Compensation 2.8
Entry Location Ground
Senior Community Y/N N
High School District Denver 1
Lot Size Square Feet 6250
Carport Spaces 0
Street Name Franklin
Listing Terms 1031 Exchange Cash Conventional
Elementary School Asbury
Tax Annual Amount 2867
Home Warranty Y/N N
Middle/Junior High School Grant
Property Condition Updated/Remodeled
Structure Type Duplex
Standard Status Active
Occupancy Type Tenant
Middle/Junior School District Denver 1
Elementary School District Denver 1
Buyer Agent Compensation Type %
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Interior
Basement Full
Flooring Carpet Laminate Wood
Common Walls No Common Walls
Basement (Y/N) Y
Above Grade Finished Area 959
Street Suffix Street
Laundry Features Main Level
Total Bedrooms 4
Below Grade Finished Area 917
Total Baths 2
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Exterior
Fencing Partial
Lot Features Level
Water Source Public
Total Parking 3
Lot Size Area 6250
Building Area Total 1918
Lot Size Acres 0.14
Lot Size Units Square Feet
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 2232
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* Excluded Features
List By
Tjc Real Estate

Broker

(303) 332-8754

Phone

Affordability Calculator

$5,556
Per Month
96%
4%
0%
Monthly Principal & Interest
$5,317
Monthly Property Taxes
$239
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
733045 Elementary School
732326 Middle School
South High School High School
Pricing History
DatePricePrice ChangeDescription
4/11/2024$800,000 Listed Price

Map


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2232 S Franklin Street, Denver, CO, 80210 is a Multi-Family Home for sale at $800,000 with 1,918 sqft and a lot size of 0.14. 2232 S Franklin Street has 4 bedrooms, 2.0 baths, and was built in 1955. The property's zip code is 80210 which is in Denver, CO