$1,650,000

422 Garfield Street

Denver CO, 80206

Description

Rare opportunity for residential development in Cherry Creek North. Nestled among $2M+ new construction townhouses and single-family homes, this future development site offers the unique opportunity to generate income while development plans are being made, or to buy and hold for cash flow. Rents are currently below market rate and could easily be increased. Detached alley loading garages. Units have been well maintained and are in good condition.

Details

MLS#7296599
StyleIndustrial
Sub-TypeResale
StatusActive
Year1951
Days On Site9

Features

SQ Feet3,056
Story(s)1
Units4
ZoningG-RH-3

Loading Form

Loading Form

Area Information

StateCO
CountyDenver
CityDenver
Zip Code80206
AreaDenver
Listing VS Median (in 80206)
Price:
$1,650,000
low | high
Med:
$779,000
100% of Average
SqFt:
3,056
low | high
Med:
2,772
59.293193717277% of Average
$ / SqFt:
$540
low | high
Med:
$281
97.950850496305% of Average
On Site:
9
low | high
Med:
114
7.894736842105% of Average
Listing Updated: 09/21/2019
MLS Number: 7296599
Listing Provided By:
Michelle Seward  of  LIV Sothebys International Realty
The content relating to real estate for sale in this Web site comes in part from the Internet Data eXchange (IDX) program of METROLIST, INC., DBA RECOLORADO©. Real estate listings held by brokers other than Coldwell Banker Distinctive Properties - The Steamboat Luxury Teamname are marked with the IDX Logo. This information is being provided for the consumers' personal, non-commercial use and may not be used for any other purpose. All information subject to change and should be independently
Full RE Colorado Disclaimer