STOUT DENVER, CO 80205

Features

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Facts

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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.

PLEASE NOTE THIS IS AN AFFORDABLE HOUSING INCOME RESTRICTED PROPERTY. Buyer(s) need to be already pre-approved with a lender prior to submitting an offer, meet all income guidelines/restrictions, and will need to undergo a qualification process with the City of Denver. This can take between 5 and 7 business days. The income limits are here: https://www.denvergov.org/files/assets/public/v/1/housing-stability/documents/2023-incomerent-limits/host-income-rent-limit-2023-mah.pdf Buyer(s) will need to be above 50% Area Median Income (AMI) and below 80% AMI, based on the household size listed. ALL household income needs to be considered as part of the qualification process (including overtime, bonus, etc). Additional information as well as the application can be found here: https://denvergov.org/Government/Agencies-Departments-Offices/Agencies-Departments-Offices-Directory/Department-of-Housing-Stability/Resident-Resources/Affordable-Home-OwnershipWelcome to your spacious modern townhome in the heart of downtown Denver! This 1,500 square foot home features an open floor plan with abundant natural light and clean modern finishes. The kitchen is conveniently located on the 2nd floor and has been recently updated with solid-surface countertops boasting a waterfall design. Enjoy meals in the nook next to the kitchen and afternoon sunshine with city-views in the spacious living room. Luxury vinyl plan flooring adorns much of the home with carpet in the bedrooms for maximum comfort and easy maintenance. There is also an attached 1-car garage at the back of the home to ensure your vehicle is protected from the elements in all seasons. Additional parking is available at the front of the building as well. Restaurants, breweries, jazz clubs, and a vibrant night life are just a few steps beyond the front door. Breathtaking destinations like Red Rocks are just 30 minutes away and Denver International Airport is a mere 35 minutes away.