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$ 475,000
Est. payment /mo
New
2429 S Cherokee ST Denver, CO 80223
6,250 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Improved Land
Listing Status Active
Purchase Type For Sale
Subdivision Overland
MLS Listing ID 8080050
HOA Y/N No
Annual Tax Amount $2,531
Tax Year 2024
Lot Size 6250.000 Acres
Acres 6250.0
Property Sub-Type Improved Land
Source recolorado
Property Description
This well-maintained property presents a rare combination of long-term development potential as well as immediate livability. Situated in a highly sought-after neighborhood experiencing rapid growth and redevelopment, the lot is ZONED FOR DUPLEX (U-TU-C) construction, making it an excellent opportunity for builders or investors looking to capitalize on the area's current trend of multi-unit development. For first-time home owners, this is an ideal starter home. It's move-in ready with major updates already taken care of: New roof in 2023, new sewer line 2019, new furnace 2019 and updated all flooring & paint in 2024. Live in this home for a few years and see the neighborhood continue to transform. Whether you're looking to move in and live in the home, rent it out and hold as a long term investment, or begin the permitting process for a duplex build, this property offers flexibility for multiple strategies. Previously rented for $1649/month, it provides solid holding income while you plan your next steps.
Location
State CO
County Denver
Zoning U-TU-C
Interior
Fireplace N
Exterior
Total Parking Spaces 3
Garage No
Building
Lot Description Level
Sewer Public Sewer
Schools
School District Denver 1
Others
Ownership Individual
Acceptable Financing Cash, Conventional, Other, VA Loan
Listing Terms Cash, Conventional, Other, VA Loan
Special Listing Condition None
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6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
6455 S. Yosemite St., Suite 500 Greenwood Village, CO 80111 USA
Listed by Coldwell Banker Global Luxury Denver
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