$475,000
For Sale

2429 S Cherokee Street

Denver, CO 80223
668 sqft | 2 beds | 1 bath | 0.14 acres | #4717819
Listing OfficeColdwell Banker Global Luxury Denver
Browse 13 photos
Type:Purchase
Structure:House
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
      • Utility FeaturesElectricity Available, Cable Available
      • BasementPartial, Unfinished, Crawl Space
      • Sewer InformationCity Sewer, Public Sewer
      • Property SubtypeResidential-Detached
      • Utility SourceCity Water
      • Property TypePurchase
      • SubdivisionOverland
      • MLS #4717819
      • MLS #4717819
      • Elementary SchoolAsbury
      • CountyDenver
      • Cost475000
      • Lot DescriptionLevel
      • Middle SchoolGrant
      • High SchoolSouth
      • ViewCity
      • Acres0.14
      • Year Built1917
      • Square Feet668
      • Bedrooms2
      • Bathrooms1
      • Full Baths1
      • Parking Spaces3

Location

CHERRY POINT PROPERTIESReal Estate Professional – Serving the Denver area for the Past 25 years
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