$475,000
For Sale

2429 S Cherokee Street

Denver, CO 80223
6,250.00 acres | #8080050
Listing OfficeColdwell Banker Global Luxury Denver
Browse 13 photos
Type:Purchase
Structure:Land
Zone:Residential

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.

  • Property Details
      • Property SubtypeImproved Land
      • Sewer InformationPublic Sewer
      • Property TypePurchase
      • SubdivisionOverland
      • School DistrictDenver 1
      • Original List Price$475,000
      • MLS #8080050
      • MLS #8080050
      • CountyDenver
      • Taxes Annual$2,531
      • Cost475000
      • Lot DescriptionLevel
      • Acres6250

Location

Deborah Ullom | Lifetime PropertiesReal Estate Group
OR

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