• Asking Price See Price
  • Estimated Value: $289,188
  • GAYLORD DENVER, CO 80210

  • 2 Beds 1 Bath 766 SqFt
  • Townhouse or Condo / REO Foreclosure

Property Details for GAYLORD St, DENVER, CO 80210

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.

Lovely updated 2 bed / 1 bath condo in the heart of the University of Denver (DU). The unit features updated granite counter tops, new stainless appliances and new light fixtures. As an end unit, it boasts 2 large bedrooms with ample light and closet space and offers one of the only private patios in the community. Located across from the DU Science Building and in close proximity of the Lamont School of Music, the central location is unbeatable and close to Light Rail, Parks and Restaurants. The condo comes with a dedicated parking space (#10) and a storage unit. The unit is great for anyone looking for a strong asset in the heart of the DU Campus. The Current Tenant's Lease runs through July 2023 at a strong monthly rate, equating to approx 6% Cap Rate currently. Please note the building is non-warrantable due to the investor/owner occupied ratio, cash or portfolio loan needed. Please contact listing agent for details regarding the unit and potential lending options. Don't miss this opportunity.

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