• Asking Price See Price
  • Estimated Value: $608,963
  • 8TH DENVER, CO 80204

  • 6 Beds 1 Bath 2,342 SqFt
  • Single Family Home / REO Foreclosure

Property Details for 8TH St, DENVER, CO 80204

Features

Facts

Description

This is an REO, meaning this property has been foreclosed on because the owner couldn't meet their payments. The bank now owns this property. Most banks are not set up to own homes, and are often motivated to sell you the home at a discounted price.

Light and bright, this charming triplex is the perfect investment opportunity to build passive income while staying close to the city! This property is conveniently located only 10 minutes from downtown Denver and South Broadway, and 5 minutes from Sloan's lake and I-25. Talk about location, location, location! This non-conforming triplex is the perfect house hackers dream. Live on the main level while your tenants cover your entire mortgage! The main level features 3 beds / 1 bath with the comfort of its own laundry. Part of the main level was closed off and converted into a studio with a kitchenette (not pictured). The basement includes 2 beds /1 bath also with its own laundry. If you want to quickly build equity in a up and coming neighborhood in Denver - this is the one for you! Property sits just blocks away from Federal Blvd which will soon be completely redeveloped! See link for more: https://denvergov.org/files/assets/public/doti/documents/programsservices/denver-moves-federal/federal-corridor-report-march2017.pdf . Please contact listing agent directly for showing information at 720-586-4533. Please do not disturb the tenants.

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