23542356 2354-2356 South Cherokee St

Denver, CO 80223
  • $490,000

    Price
  • 4

    Bed
  • 2

    Bath
  • 1,416

    SqFt

About the Listing CAST1 - 55046556

Side-by-side duplex - great investment property in Rosedale. Take one of two approaches: rental or fix and flip! 1. Rental Property: current tenants are paying $1900/mth combined, but market rents are $2600/mth combined. OR, you could fix it up and charge about $3000/ mth! 2. Fix and flip: Suggested rehab of $65,000; then legally subdivide and sell two sides separately. Appraisal in 2018 estimated ARV of $342,000 per side, or $684,000 total! Analysis estimates profit of $80,000 - $160,000; analysis available upon request. One unit is currently on a month to month lease, the other unit's lease expires this March, 2019. Profitable property either way you look at it!

Listing Highlights for 23542356 2354-2356 South Cherokee St

Status Active
Days on Site 6
Property Type Business Opportunity
MLS ® 4766529
Year Built 1954
Total Square Footage 1,416
Lot/Acreage 0.14
County Denver
Neighborhood Rosedale
School District Denver 1
Elementary School Asbury
Middle School Grant
High School South

Interior Details

  • Bedrooms: 4
  • Bathrooms: 2 Full
  • Appliances:
  • Air Cond:
  • Heating: Forced Air
  • Fireplaces:
  • Floor:
  • Basement:
  • Other:
  • Water:

Exterior Details

  • Garage Capacity: 0 car
  • Zoning: U-TU-C
  • Roof: Composition Shingles
  • Others: Brick
  • Sewer:
  • Above Ground Sq Ft: 1416
  • Below Ground Sq Ft:

Financial Details

  • Tax Amount: $1,955
  • Taxes w/Assessments: N/A
  • Tax/Property ID: N/A
  • Tax Year: 2017

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23542356 2354-2356 South Cherokee St Denver, CO 80223

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Listing Courtesy of Cassandra France, Your Castle Realty LLC

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